# Bugcrowd funding: rounds and investors > Bugcrowd has raised $85M across 5 rounds since 2012. Investors include Salesforce Ventures, Partech Ventures and Costanoa Ventures. Every round with its source. Source: https://millionrounds.com/company/bugcrowd (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Bugcrowd* 5 rounds we have observed, with the 16 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Cybersecurity Valuation: $1.0B, Oct 2024 Funding summary Updated 26 Oct 2026 **$85M** raised across 5 rounds since 2012, from 5 sources **$50K** Seed **$1.6M** Venture **$7.0M** Series A **$26M** Series C **$50M** Debt - **Latest round:** Debt, $50M Oct 2024 - **Step-up i:** 1.9× - **Investors:** 16 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2014 2016 2018 2020 2022 2024 **$50K** Seed **$1.6M** Venture **$7.0M** Series A **$26M** Series C **$50M** Debt - **First round:** Seed, $50K - **Biggest round:** $50M - **Usual gap between rounds:** 2.9 years ## The rounds - **Oct 2024** Debt **$50M** *2 new* *3 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Partech Ventures](https://millionrounds.com/fund/partech) [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) Source recorded - **Mar 2018** Series C **$26M** *7 new* Triangle Peak Partners/ Blackbird Lead [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Costanoa](https://millionrounds.com/fund/costanoa) [Rally](https://millionrounds.com/fund/rally-2) Industry Paladin Stanford Reported by TechCrunch SEC filing: $26M sold, first sale Feb 2018 - **Apr 2015** Series A **$7.0M** *2 new* *2 returning* [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) [Rally Ventures](https://millionrounds.com/fund/rally-ventures) [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures) From a historical funding record SEC filing: $9.0M sold, first sale Mar 2015 - **Sept 2013** Venture **$1.6M** *5 new* [Partech Ventures](https://millionrounds.com/fund/partech) [Icon Ventures](https://millionrounds.com/fund/icon-ventures) [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) [Rally Ventures](https://millionrounds.com/fund/rally-ventures) [Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) Reported by techcrunch.com - **Dec 2012** Seed **$50K** No investor was named in the report. Reported by startmate.com.au ## Founders and team From Bugcrowd's own website and the SEC filings it signed: 1 founder, 15 on the team. **Casey Ellis** Founder *Named on its 2023 Form D* - **Dave Gerry** Chief Executive Officer - **Braden Russell** Chief Technology Officer - **Dr. David Brumley** Chief AI and Science Officer - **Emily Ferdinando** Chief Marketing Officer - **Jennifer Hood** Chief People Officer - **Nicholas McKenzie** Chief Information and Security Officer - **Samantha Silva** Chief Revenue Officer - **Trey Ford** Chief Strategy and Trust Officer - **Robert Taccini** Chief Financial Officer - **Dr. Thanassis Avgerinos** VP, AI Engineering - **Jacques Lopez** VP, Global Channel & Alliances - **Kent Wilson** VP, Global Public Sector - **Samantha Andersson** VP, Global Corporate Marketing - **Vish Saoji** VP, Engineering - **David Gerry** Executive Officer, Director i On the board, as filed i *Charles Beeler* *Dain DeGroff* *Jim Wilson* *Mason Yates* *Michael Jennings* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2012 **Venture** 2013 **Series A** 2015 **Series C** 2018 **Debt** 2024 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Partech Ventures](https://millionrounds.com/fund/partech) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) [Rally Ventures](https://millionrounds.com/fund/rally-ventures) Triangle Peak Partners/ Blackbird L [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2) [Icon Ventures](https://millionrounds.com/fund/icon-ventures) [Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) ## Everyone who backed them [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **2** rounds [Partech Ventures](https://millionrounds.com/fund/partech) VC firm **2** rounds [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) VC firm **2** rounds [Paladin Capital Group](https://millionrounds.com/fund/paladin-capital-group) VC firm **2** rounds [Rally Ventures](https://millionrounds.com/fund/rally-ventures) VC firm **2** rounds Triangle Peak Partners/ Blackbird no record of our own yet **1** round, led 1 [General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2) VC firm **1** round [Icon Ventures](https://millionrounds.com/fund/icon-ventures) VC firm **1** round [Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) VC firm **1** round [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures) VC firm **1** round [Costanoa](https://millionrounds.com/fund/costanoa) VC firm **1** round [Rally](https://millionrounds.com/fund/rally-2) Company **1** round Industry no record of our own yet **1** round Paladin no record of our own yet **1** round Stanford no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bugcrowd). ## Quick answers about Bugcrowd ### Who invested in Bugcrowd? Bugcrowd's investors include Salesforce Ventures, Partech Ventures, Costanoa Ventures, Paladin Capital Group and Rally Ventures, and 11 more on record. ### How much has Bugcrowd raised? Bugcrowd has raised $85M across 5 rounds since 2012. ### When did Bugcrowd last raise? Bugcrowd's most recent round was a Debt of $50M in Oct 2024. ### What was Bugcrowd's biggest round? Its most recent round, $50M in Oct 2024, is also its largest on record. ### Who backed Bugcrowd first? Bugcrowd's first round on record, in Sept 2013, was backed by Partech Ventures, Icon Ventures and Paladin Capital Group and 2 others. ### What stage is Bugcrowd at? Bugcrowd's latest named round is a Debt, in Oct 2024. ### Where is Bugcrowd based? Bugcrowd is based in the United States. ### Who led Bugcrowd's rounds? Triangle Peak Partners/ Blackbird led the Series C in 2018. ## Companies like Bugcrowd In the same sector, and raised in the last eighteen months. [**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)[**Persona** $210M · Oct 2026](https://millionrounds.com/company/persona)[**Hilt** $4.7M · Oct 2026](https://millionrounds.com/company/hilt) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app