Companies
/
Secureframe
Cybersecurity
Secureframe is a San Francisco-based compliance automation platform that provides software that supports evidence collection, control monitoring, and workflows associated with SOC 2, ISO 27001, and other compliance frameworks.
Create an account to view live offerings, pricing, and market activity.
Sign in to view offerings and live market activity.
Secureframe was founded in 2020 by Shrav Mehta and Natasja Nielsen, based on the observation that achieving common security compliance certifications, such as SOC 2, a widely required security audit certification that many enterprise customers require their software vendors to hold before signing a contract, has historically been a slow, expensive, and manually intensive process, often taking many months and requiring companies to manually gather and organize extensive documentation and evidence demonstrating their security practices and controls, a significant burden particularly for smaller, earlier-stage companies that may not have dedicated compliance staff but still need to achieve these certifications relatively early in their growth to satisfy larger enterprise customers' vendor security requirements. Secureframe's platform automates significant portions of the compliance certification process, including continuously monitoring a company's actual technical systems and configurations to automatically verify and document compliance with required security controls, rather than requiring compliance teams to manually screenshot and compile evidence of proper security configurations across potentially dozens of different systems, and providing guided workflows that help companies understand and implement the specific security policies and technical controls required for certifications like SOC 2, ISO 27001, HIPAA, and various other common compliance frameworks relevant to different industries and customer requirements. The company has positioned its automated approach as dramatically reducing both the time and cost required to achieve initial compliance certification and, importantly, to maintain that certification on an ongoing basis through required periodic audits, since compliance certifications like SOC 2 typically require not just an initial one-time certification but ongoing evidence of continued compliance verified through regular follow-up audits. Secureframe's customers span growing technology companies, particularly earlier-stage startups selling to enterprise customers that require vendor security certifications as a condition of doing business, a segment that has grown significantly as more companies of all sizes have needed to demonstrate compliance certifications earlier in their growth given increasingly stringent enterprise customer security requirements. The company has raised substantial venture funding from investors including Kleiner Perkins and Accomplice, reaching a valuation exceeding $1 billion, competing with other compliance automation platforms including Vanta and Drata.
Sources:
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
