# Anagram

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anagram-2

- Industry: IT Security/Cybersecurity
- Headquarters: New York, US
- Website: www.anagramsecurity.com
- Total disclosed funding: $10M
- Latest round: Series A (Feb 26, 2025)
- Investors on record: 5

## About

Based in the US, Anagram specializes in innovative security awareness training solutions, enhancing employee understanding of cybersecurity threats through engaging, interactive learning experiences.Anagram Security, founded in 2021 and headquartered in New York, US, provides security awareness training utilizing interactive modules. The company was established by Harley Sugarman, who has a history of founding other ventures. Anagram has successfully raised USD 10.00 mn in Series A funding as of February 26, 2025, led by Madrona Venture Group, with participation from Bloomberg Beta, General Catalyst Partners, Operator Partners, and Secure Octane. This funding marks the total amount raised to USD 10.00 mn, with a current company valuation of USD 28.00 mn.Anagram Security specializes in delivering innovative security awareness training solutions designed to enhance employee understanding of cybersecurity threats. Their core offerings include interactive training modules that utilize fast-paced puzzles and real-world scenarios to engage users, enabling them to identify and mitigate potential attacks effectively. By focusing on bite-sized lessons and instant feedback, Anagram Security aims to transform passive knowledge into proactive behavior, thus significantly reducing organizational risk. The training is tailored to accommodate various industries, allowing customization to reflect specific company policies and threats. Anagram Security serves a diverse client base, including government agencies, pharmaceutical companies, and entertainment industries, primarily targeting markets in North America, Europe, and select regions in Asia.Anagram Security generates revenue through a subscription-based model for its training services, facilitating ongoing access to its platform and content updates for clients. Clients typically engage in contracts that grant access to the full suite of training modules, with structured pricing plans varying based on the number of users and the level of customization required. This model allows for a scalable approach, catering to businesses of any size, from small enterprises to large corporations. Revenue is driven by the high completion rates of the training, with 98% of users finishing the modules in one sitting, leading to strong customer retention and satisfaction. By continually updating their content to reflect emerging threats, Anagram Security maintains relevance in the market, ensuring that their services meet the evolving needs of their clients.In February 2025, Anagram raised USD 10.00 mn in Series A funding, which will be utilized to enhance its AI-driven personalization engine and launch its first AI-powered security agent. The company plans to expand into new markets in Asia and Europe by the end of 2025, broadening its reach within the cybersecurity training sector.

## Funding rounds

- Series A, Feb 26, 2025, $10M — General Catalyst Partners, Madrona Venture Group, Bloomberg Beta, Secure Octane, Operator Partners

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Series A
- Secure Octane (https://capitalatlas.ai/funds/secure-octane) — Series A
- Operator Partners — Series A