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§ Private Profile · San Francisco, CA, USA
Trust Center platform that scales customer security reviews
Trust Center Platform
SafeBase Trust Center enables Security teams to proactively share and automate access to security, compliance, and privacy information/ complete security questionnaires.
SafeBase has raised $53.0M across 3 funding rounds.
Key people at SafeBase.
SafeBase was founded in 2020 by Al Yang (Founder) and Adar Arnon (Founder).
SafeBase has raised $53.0M in total across 3 funding rounds.
SafeBase has raised $53.0M across 3 funding rounds. Most recently, it raised $33.0M Series B in April 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2024 | $33M Series B | Priya Saiprasad | Craft Ventures, F Prime Capital, NEW Enterprise Associates, SoftBank Investment Advisers, DAN Wright, Paul Holland, JIM Alkove, Cerca Partners, Comcast Ventures, NEA, Y Combinator, Zoom Ventures | Announced |
| Mar 1, 2022 | $18M Series A | NEW Enterprise Associates | Single FIN Ventures, ULU Ventures, DAN Wright, Paul Holland, Comcast Ventures, Y Combinator | Announced |
| Aug 1, 2020 | $2M Seed | — | Crossbeam Venture Partners, UpHonest Capital | Announced |
Key people at SafeBase.
SafeBase is a Trust Center platform designed to scale and streamline customer security reviews by automating and centralizing security and compliance information. It serves modern security teams by providing a flexible, scalable portal where buyers can self-serve answers to security questions, access up-to-date documentation, and reduce the time-consuming back-and-forth of security questionnaires. SafeBase’s platform integrates AI-driven questionnaire assistance to accelerate responses, helping companies build customer trust through transparency and efficiency. This solution primarily serves security teams within SaaS and technology companies that face complex security review demands from customers and partners[1][2][3].
For an investment firm, SafeBase represents a company innovating in the cybersecurity SaaS sector, focusing on automating security workflows and enhancing trust signals between vendors and buyers. Its impact on the startup ecosystem includes enabling faster sales cycles, reducing friction in third-party risk assessments, and supporting the growth of security-conscious B2B companies.
SafeBase was founded by security and compliance experts who recognized the inefficiencies and friction in traditional security review processes. The idea emerged from the need to replace manual, repetitive security questionnaires with a more automated, transparent, and scalable solution. Early traction came from notable tech companies like Crossbeam, Jamf, and Asana, which reported dramatic reductions in questionnaire volume and review times after adopting SafeBase’s Trust Center and AI tools[3][4]. The platform has evolved to include rich governance features, real-time analytics, and integrations with existing enterprise workflows, reflecting its growth from a niche tool to an enterprise-grade solution[1][4].
SafeBase rides the growing trend of digital transformation in cybersecurity and third-party risk management. As enterprises face increasing regulatory scrutiny and customer demands for transparency, SafeBase’s timing is critical. The platform addresses market forces such as the rise of SaaS adoption, the complexity of compliance requirements, and the need for scalable security communication tools. By automating and centralizing security reviews, SafeBase influences the broader ecosystem by enabling faster, more secure vendor evaluations and fostering trust between technology providers and their customers[5][6][7].
Looking ahead, SafeBase is poised to expand its influence by deepening AI capabilities, enhancing integrations, and broadening its customer base across industries with stringent security needs. Trends shaping its journey include increasing regulatory complexity, the rise of AI in cybersecurity, and the growing importance of transparency in vendor relationships. SafeBase’s role may evolve from a security review tool to a strategic platform that drives business growth through trust, making security a competitive advantage rather than a hurdle[4][6][10]. This aligns with its mission to transform security from a reactive process into a proactive growth engine.
SafeBase was founded in 2020 by Al Yang (Founder) and Adar Arnon (Founder).
SafeBase has raised $53.0M in total across 3 funding rounds.
SafeBase's investors include Priya Saiprasad, Craft Ventures, F-Prime Capital Partners, New Enterprise Associates, SoftBank Investment Advisers, Dan Wright, Paul Holland, Jim Alkove, Cerca Partners, Comcast Ventures, NEA, Y Combinator.