/Companies

Bugcrowd

San Francisco, US · Founded 2013 · Delaware corporation · 3,825 employees on LinkedIn · 8 known investors

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Bugcrowd runs a crowdsourced security platform that connects organizations with a community of ethical hackers to find and disclose vulnerabilities across their attack surface. It offers services such as bug bounty programs, penetration testing, vulnerability disclosure, red teaming, and AI safety testing for security buyers.

Founders & leadership

Bugcrowd was founded in 2013 by Chris Raethke and Casey Ellis.

CRChris Raethke
Chris RaethkeCo-founder / CTO2013–2016Chris Raethke co-founded Bugcrowd, a crowdsourced security platform, where he applied machine learning to vulnerability management and hacker classification for organizations including Spotify, Tesla, and Salesforce. He later founded Notiv, a voice AI platform that extracts insights from meetings using speech recognition and natural language processing technologies.
CECasey Ellis
Casey EllisFounder
SB
Sergei BelokamenFounder

Board

NO
Neill OcchiogrossoBoard director
CBCharles Beeler
Charles BeelerBoard directorCo-Founder at Rally Ventures Management, Llc

Investors · 8

Funding

SEC filings, press & company announcements

$79.7M disclosed across 3 of 4 rounds · 2015–2024

▶$44.6MraisedSep 2023 · 27 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jim WilsonDirector
  • Casey EllisExecutive Officer, Director
  • David Gerry, Jr.Executive Officer, Director
  • Chris NadanExecutive Officer
  • Robert TacciniExecutive Officer
  • Mason YatesDirector
  • Charles BeelerDirector
  • Dain DeGroffDirector
  • Michael JenningsDirector
Offering amount
$47.5M
Amount sold
$44.6M
First sale
Mar 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$26MraisedMar 2018 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ashish GuptaExecutive Officer, Director
  • Daniel LascellExecutive Officer
  • Arthur W. Coviello, Jr.Director
  • Niki ScevakDirector
  • Casey EllisExecutive Officer, Director
  • Charles BeelerDirector
  • Neill OcchiogrossoDirector
Offering amount
$26M
Amount sold
$26M
First sale
Feb 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$9MraisedApr 2015 · 19 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Chris RaethkeExecutive Officer
  • Neill OcchiogrossoDirector
  • Casey EllisExecutive Officer, Director
  • Charles BeelerDirector
Offering amount
$9.1M
Amount sold
$9M
First sale
Mar 2015
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

12 people who came through Bugcrowd went on to found or lead other companies.

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In the news

Frequently asked questions

What does Bugcrowd do?
Bugcrowd runs a crowdsourced security platform that connects organizations with a community of ethical hackers to find and disclose vulnerabilities across their attack surface. It offers services such as bug bounty programs, penetration testing, vulnerability disclosure, red teaming, and AI safety testing for security buyers.
Who founded Bugcrowd?
Bugcrowd was founded by Chris Raethke, Casey Ellis in 2013.
Who are Bugcrowd's investors?
Bugcrowd's investors include Blackbird Ventures, General Catalyst, Paladin Capital Group, Partech Ventures, Rally Ventures Management, Llc, Square Peg Capital, Triangle Peak Partners, Costanoa Ventures.
How much funding has Bugcrowd raised?
Bugcrowd has disclosed $79.7M raised across 3 of its 4 known rounds.
Where is Bugcrowd headquartered?
Bugcrowd is headquartered in San Francisco, US.