# Kasada

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kasada-pty

- Industry: IT Security/Cybersecurity
- Headquarters: Sydney, Australia
- Website: www.kasada.io/
- Total disclosed funding: $70M
- Latest round: Seed (Dec 11, 2025)
- Investors on record: 11

## About

Based in Sydney, Australia and founded in 2015 by Sam Crowther, Kasada Pty Ltd operates as a provider of a cybersecurity platform that monitors web traffic from humans and bots while filtering unknown or suspicious bots from crawling through the websites. In December 2025, Kasada Pty Ltd raised USD 20 million in seed funding from new investor EQT with participation from Turnbull & Partners, Reinventure, Main Sequence Ventures, OIF Ventures, StepStone, Ten Eleven.

Kasada’s services include denial of service, content scraping, prevention from online fraud, system takeover, bot mitigation, bot management solutions, and bot detection solutions for individuals as well as enterprises. In addition, the company offers Polyform, which is a web-based service that identifies and prevents malicious bot attacks on web applications. Kasada also provides 24/7 customer service and actionable insights, including analytics and long-term data storage for compliance and forensics. 

The company generates revenue by providing Polyform to the customers through a Subscription as a Service (SaaS) model. The company charges the subscription of Polyform monthly. 

The company plans to utilize the December 2025 funding to grow its technology, expand globally, innovate products, and boost its cybersecurity market presence.

## Funding rounds

- Seed, Dec 11, 2025, $20M — EQT, StepStone, Reinventure, Ten Eleven, OIF Ventures, Main Sequence Ventures, Turnbull & Partners
- Series D, Nov 14, 2024, $7M — Ten Eleven, OIF Ventures, Main Sequence Ventures
- Series C, Dec 1, 2021, $19M — Greenspring Associates, StepStone, Reinventure, Ten Eleven, OIF Ventures, Main Sequence Ventures, Turnbull & Partners
- Series B, May 26, 2020, $10M — Reinventure, Ten Eleven, Main Sequence Ventures, Turnbull & Partners
- Series A, Nov 26, 2019, $7M — In-Q-Tel
- Series A, Jul 9, 2019, $6.3M — Reinventure, Main Sequence Ventures, Mpc Funds Management Pty Limited, Leila Holdings Pty Limited

## Investors

- Reinventure (https://capitalatlas.ai/funds/reinventure) — Series A, Series B, Series C, Seed
- Main Sequence Ventures (https://capitalatlas.ai/funds/main-sequence-ventures) — Series A, Series B, Series C, Series D, Seed
- Mpc Funds Management Pty Limited — Series A
- Leila Holdings Pty Limited — Series A
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series A
- Ten Eleven — Series B, Series C, Series D, Seed
- Turnbull & Partners — Series B, Series C, Seed
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series C
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series C, Seed
- OIF Ventures (https://capitalatlas.ai/funds/oif-ventures) — Series C, Series D, Seed
- EQT (https://capitalatlas.ai/funds/eqt) — Seed