# PlexTrac

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

- Industry: IT Security/Cybersecurity
- Headquarters: Boise, US
- Website: www.plextrac.com
- Total disclosed funding: $83M
- Latest round: Series B (Feb 2, 2022)
- Investors on record: 4

## About

Based in Idaho, US, and founded in 2016, PlexTrac, Inc. develops a cybersecurity platform that streamlines the reporting and remediation of cybersecurity risks and helps efficient collaboration within security teams. The company was founded by Dan DeCloss and is backed by Noro-Moseley Partners, Madrona Venture Group, and StageDotO Ventures in a Series A funding round in April 2021.

PlexTrac's platform provides report automation for penetration testing and compliance, orchestration across multiple security tools and assessment teams, and real-time analytics and risk visualizations. it also enables centralized collaboration between teams throughout the testing, tracking, and remediation lifecycle.

The company generates revenue by charging the clients depending on the number of users and types of deployment. It also offers modules with additional features that will garner a higher price for users.

PlexTrac plans to further develop the platform and expand the team.

## Funding rounds

- Series B, Feb 2, 2022, $70M — Noro-Moseley Partners, Insight Partners, Madrona Venture Group, Stage
- Series A, Apr 5, 2021, $12M — Noro-Moseley Partners, Madrona Venture Group, Stage
- Seed, Aug 29, 2019, $1M — Stage

## Investors

- Stage (https://capitalatlas.ai/funds/stage) — Seed, Series A, Series B
- Noro-Moseley Partners (https://capitalatlas.ai/funds/noro-moseley-partners) — Series A, Series B
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B