# Inspectiv

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

- Industry: IT Security/Cybersecurity
- Headquarters: Manhattan, US
- Website: www.inspectiv.com
- Total disclosed funding: $16M
- Latest round: Series A (May 27, 2022)
- Investors on record: 8

## About

Inspectiv, Inc. specializes in application security testing solutions, providing organizations with tools to manage vulnerabilities effectively. Their services streamline the security testing process, ensuring efficient and secure application development.Founded in 2018 and headquartered in Manhattan, US, Inspectiv, Inc. delivers services aimed at enhancing application security. The founding team includes Clark Landry, Joseph Melika, and Ryan Disraeli. Inspectiv has attracted notable investments, securing USD 8.66 mn in Series A funding on May 27, 2022, led by StepStone with participation from Fika Ventures, Freestyle VC, and Mucker Capital. The total amount raised by the company stands at USD 8.66 mn, with a current valuation of USD 58.59 mn.Inspectiv offers a comprehensive suite of application security testing solutions designed to facilitate vulnerability management for organizations. Their primary offerings include Bug Bounty as a Service (BBaaS), Pentesting as a Service (PTaaS), Dynamic Application Security Testing (DAST), and a Vulnerability Disclosure Program. These services enable clients to identify and manage vulnerabilities in their applications through continuous testing provided by a curated network of security researchers and penetration testers. Inspectiv's platform streamlines the vulnerability discovery process, allowing organizations to remediate threats efficiently and effectively, ultimately protecting their external attack surfaces. The company serves a diverse client base, including leading enterprises across various sectors, and operates in geographical markets that encompass North America, Europe, and parts of Asia.Inspectiv generates revenue through a subscription-based model and partnerships with organizations seeking enhanced security testing capabilities. Clients typically engage in annual agreements for services such as BBaaS and PTaaS, where they receive continuous vulnerability assessments tailored to their specific compliance needs and security postures. The revenue structure is based on predictable, fixed-cost pricing plans that allow clients to budget effectively for their security investments. Each service is designed to deliver actionable insights and effective remediation strategies, ensuring that clients receive optimal value for their engagements with Inspectiv. The company’s emphasis on a unified platform for vulnerability management further supports their goal of simplifying AppSec testing while maintaining a strong focus on client satisfaction.Following the Series A funding of USD 8.66 mn raised on May 27, 2022, Inspectiv, Inc. plans to further develop its platform features to enhance the services offered to clients. The funding will be allocated towards expanding the capabilities of their application security solutions. Inspectiv aims to penetrate new geographic markets and is actively exploring growth opportunities in regions across North America, Europe, and Asia by 2024, thereby broadening their client base and increasing market reach.

## Funding rounds

- Series A, May 27, 2022, $8.7M — StepStone, Freestyle VC, Mucker Capital, Fika Ventures
- Seed, Nov 16, 2020, $6M — Greenspring Associates, Freestyle VC, Mucker Capital, Knollwood Investment Advisory, Fika Ventures
- Seed, Jul 6, 2018, $1.5M — Mucker Capital, GC&H Investments, Koh Founders

## Investors

- Mucker Capital (https://capitalatlas.ai/funds/mucker-capital) — Seed, Series A
- GC&H Investments (https://capitalatlas.ai/funds/gc-h-investments) — Seed
- Koh Founders — Seed
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Seed
- Freestyle VC (https://capitalatlas.ai/funds/freestyle-vc) — Seed, Series A
- Knollwood Investment Advisory — Seed
- Fika Ventures (https://capitalatlas.ai/funds/fika-ventures) — Seed, Series A
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series A