Onapsis

IT Security/CybersecuritySeries DBoston, USonapsis.com

Latest round

Series D

Last raised

Oct 2020

Total raised

$103M

Investors

6

About Onapsis

Onapsis Inc.Founded in 2009 in Boston, US, Onapsis Inc. focuses on securing SAP environments. The founders, Mariano Nunez and Victor Montero, established the company with a vision to enhance application security in enterprise software.406 Ventures, Arsenal Growth, and LLR Partners.Onapsis offers a comprehensive cybersecurity platform specifically designed to secure SAP applications and landscapes. The company's core product suite focuses on application layer security, compliance capabilities, and threat intelligence, which are critical for organizations managing complex SAP environments. Their solutions integrate seamlessly with existing security and compliance programs, enabling organizations to protect their critical business applications from cyber threats. Onapsis serves a diverse client base that includes nearly 30% of the Forbes 100 companies globally, particularly in the financial services sector, where securing highly customized SAP applications is paramount.Onapsis generates revenue primarily through subscription-based models for its cybersecurity solutions. Clients engage with Onapsis through annual or multi-year contracts, which provide access to its suite of products and ongoing support services. The company’s revenue structure is based on B2B transactions, where businesses pay for the integration of Onapsis's solutions into their SAP environments. Pricing plans are typically tiered based on the scale of deployment and the specific requirements of the client’s SAP landscape.Onapsis plans to expand its product offerings with new cybersecurity solutions designed for the evolving threats faced by SAP users. The company aims to enter new markets in Asia-Pacific and Europe by 2023.00 mn will be utilized to support these initiatives, enhancing product development and expanding the sales team to drive growth in these regions.

Who invested in Onapsis

6 investors across 3 rounds

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Funding rounds

  1. Series D

    Oct 6, 2020

    Amount

    $55M

    Investors

    Locked

  2. Series C

    Apr 13, 2018

    Amount

    $31M

    Investors

    Locked

  3. Series B

    Sep 15, 2015

    Amount

    $17M

    Investors

    Locked

Questions about Onapsis

Who invested in Onapsis?

Onapsis has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Onapsis raised?

Onapsis has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Onapsis last raise money?

Onapsis's most recent round on record is a Series D, in Oct 2020.

What does Onapsis do?

Onapsis is a it security/cybersecurity company.

Where is Onapsis headquartered?

Onapsis is headquartered in Boston, US.

Which VCs invest in companies like Onapsis?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at Onapsis's stage. Their profiles are linked below.

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