# 42Crunch

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/42crunch

- Industry: Software
- Headquarters: London, UK
- Website: www.42crunch.com
- Total disclosed funding: $15M
- Latest round: Series A (May 6, 2021)
- Investors on record: 2

## About

42Crunch Ltd is an API security platform that focuses on ensuring safe API development and deployment through comprehensive tools and services designed for developers and security teams.Founded in 2016 and headquartered in London, UK, 42Crunch Ltd specializes in API security solutions. The company has undergone strategic developments to enhance its offerings without any noted pivots. Co-founders Isabelle Mauny and Philippe Leothaud have backgrounds in technology and security, contributing their expertise to drive the company’s vision. In May 2021, 42Crunch secured GBP 10.45 million in Series A funding, led by Energy Impact Partners with participation from Adara Ventures, bringing the total amount raised to GBP 10.45 million and the company valuation to GBP 43.48 million.42Crunch is an API security platform designed to provide comprehensive protection throughout the API lifecycle, catering to both developers and security teams. Their core product offerings include API Discovery, API Design, API Security Testing, and API Runtime Threat Protection, which ensure secure API development and deployment. The API Capture feature automates the generation of OpenAPI contracts and security testing configurations, while API Protect enforces runtime security policies through a micro-firewall based on API specifications. This suite addresses critical issues such as vulnerability detection, policy compliance, and automated remediation, serving over 1.6 million developers and security professionals across various industries including automotive, banking, healthcare, and telecommunications.In the most recent year, 42Crunch reported revenue of GBP 2,351,818 with an EBITDA of GBP -5,563,627, indicating ongoing investment in its growth and development despite current losses.42Crunch plans to utilize the funding raised in May 2021 to enhance its product offerings and expand into new markets, specifically targeting further growth in North America, Europe, and Asia Pacific. This strategic plan includes the development of new features to improve API security measures. Specific release dates for upcoming products have not been disclosed, but the company aims to leverage its latest funding to enhance its position in the API security sector.

## Funding rounds

- Series A, May 6, 2021, $15M — Adara Ventures, Energy Impact Partners

## Investors

- Adara Ventures (https://capitalatlas.ai/funds/adara-ventures) — Series A
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series A