August 1, 2025: SAFE, a cybersecurity company focused on risk management, has raised $70 million in Series C funding to expand its agentic AI capabilities and move closer to developing CyberAGI, artificial general intelligence tailored specifically for cybersecurity. The company also launched an upgraded version of its platform featuring a fully autonomous Continuous Threat Exposure Management (CTEM) solution.
This funding comes at a time when enterprises are under growing pressure to secure complex digital environments. The cyber security firm’s new CTEM solution, powered by agentic AI models, continuously identifies and mitigates threats across an organization’s digital ecosystem, before attackers can exploit vulnerabilities. It builds on the firm’s existing first- and third-party risk management tools, creating a unified platform to manage and reduce cyber exposure in real time.
SAFE to Develop Agentic AI for Cybersecurity
CyberAGI, or cybersecurity-specific artificial general intelligence, is a long-term vision SAFE is pursuing. Unlike traditional AI, CyberAGI aims to perform high-level, autonomous cybersecurity tasks such as detecting threats, predicting weaknesses, and automating responses across domains. With the introduction of agentic AI-native reasoning models, the cyber security firm plans to take a step closer to this goal.
CEO and Co-founder Saket Modi described this milestone as part of the company’s broader mission to transform cyber risk management. “We are applying our AgenticAI-first approach to CTEM, just as we did with Third-Party Risk Management in 2023. Each step brings us closer to building CyberAGI,” he said.
SAFE already counts companies like Google, Fidelity, T-Mobile, and Chevron among its enterprise customers, and the new investment will help scale both the product and go-to-market capabilities to meet rising global demand.
The Series C round was led by Avataar Ventures, with participation from Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, and existing investors including Eight Roads, John Chambers, and Sorenson Capital.
