# Buguroo Offensive Security S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/buguroo-offensive-security-s-l

- Industry: IT Security/Cybersecurity
- Headquarters: Madrid, Spain
- Website: www.buguroo.com
- Total disclosed funding: $11M
- Latest round: Series A (Oct 24, 2019)
- Investors on record: 4

## About

Buguroo is a cybersecurity company focused on protecting digital identities and preventing fraud through advanced behavioral biometrics and real-time fraud detection solutions.Founded in 2010 and headquartered in Madrid, Spain, Buguroo specializes in cybersecurity solutions aimed at safeguarding digital identities. The company has secured a total of USD 11.000 mn through a Series A funding round, with notable investors including Buenavista Equity Partners, Inveready Asset Management, Seaya Ventures, and Ten Eleven. Buguroo has completed 4 deals, with the most recent occurring on August 4, 2021, when it was acquired by Feedzai Inc. Financial terms of the acquisition were not disclosed.Buguroo specializes in cybersecurity solutions designed to protect digital identities and prevent fraud across various online platforms. The company's core offerings include advanced behavioral biometrics and fraud detection tools that analyze user interactions in real-time, providing a robust defense against account takeover and online fraud. By focusing on user behavior patterns, Buguroo's technology can differentiate between legitimate users and potential threats, thereby enhancing security measures for financial institutions, e-commerce platforms, and other online service providers. The primary clientele consists of banks, insurance companies, and online retailers, primarily operating in North America and Europe, where the demand for sophisticated fraud prevention measures is escalating. Since its inception, Buguroo has continually refined its products to address emerging threats in the digital landscape, ensuring that its clients maintain a secure environment for their end users.In the most recent fiscal year of 2023, Buguroo reported a revenue of USD 7,679,964 and an EBITDA of USD 593,711.9. The company generates revenue primarily through subscription-based models, where clients pay recurring fees for access to its suite of cybersecurity services. This structure allows businesses to integrate Buguroo's solutions seamlessly into their existing operations, thus facilitating ongoing support and updates as the cybersecurity landscape evolves.Buguroo plans to leverage recent funding to enhance its product offerings and expand into new markets. The company is currently developing new cybersecurity products aimed at addressing evolving digital threats, with anticipated releases in the upcoming year. Additionally, Buguroo aims to extend its reach into additional regions in North America and Europe, targeting growth by 2024.

## Funding rounds

- Series A, Oct 24, 2019, $11M — Buenavista Equity Partners, Inveready Asset Management, Seaya Ventures, Ten Eleven

## Investors

- Buenavista Equity Partners (https://capitalatlas.ai/funds/buenavista-equity-partners) — Series A
- Inveready Asset Management (https://capitalatlas.ai/funds/inveready-asset-management) — Series A
- Seaya Ventures (https://capitalatlas.ai/funds/seaya-ventures) — Series A
- Ten Eleven — Series A