SoSafe Raises $73 Million in Series B  

by Kay Aloha Villamor in January 17th, 2022

SoSafe, a Cologne-based one of the world’s fastest-growing security awareness platform vendors, raised $73 million in a Series B funding round led by expansion-stage specialists Highland Europe.

Existing investors Acton Capital and Global Founders Capital were joined by SAP Hybris founder and Celonis Advisory Board member Carsten Thoma together with La Famiglia as well as Adjust founder Christian Henschel as participants.

The investment further emphasizes SoSafe’s science-backed approach is gaining industry traction. SoSafe plans to use the latest funding to double down on its global expansion and further develop its award-winning product.

With the funding, SoSafe will accelerate its presence in international markets and scale the development of its behavioral science-based, human-centric security solution, and aims to double the team to 500 employees

Company: SoSafe GmbH

Raised: $73.0M

Round: Series B

Funding Month: January 2022

Lead Investors: Highland Europe

Additional Investors: Acton Capital, Global Founders Capital, Carsten Thoma, La Famiglia, and Christian Henschel

Company Website: https://sosafe-awareness.com/

Software Category: Security awareness platform

About the Company: SoSafe empowers organizations to build a security culture and mitigate risk with its GDPR-compliant awareness programs. Founded in Cologne, Germany, in 2018 by Dr. Niklas Hellemann, Lukas Schaefer, and Felix Schuerholz, it now serves more than 1,500 customers worldwide and is a European leader in security awareness and training. Powered by behavioral science and smart algorithms, SoSafe delivers engaging, personalized learning experiences and smart attack simulations that turn employees into active assets against online threats.

Source: https://www.highlandeurope.com/sosafe-secures-73-million-in-series-b-to-fuel-international-growth-of-its-cyber-security-awareness-and-human-risk-management-platform/

 

 

 


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