# ProjectDiscovery

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.projectdiscovery.io
- Total disclosed funding: $25M
- Latest round: Series A (Aug 17, 2023)
- Investors on record: 7

## About

Founded in 2020 and based in California, US, ProjectDiscovery, Inc. operates as a developer of a cybersecurity platform that identifies and reacts to the weaknesses of important assets. Rishiraj Sharma (CEO), Nizamul Rana, and Sandeep Singh (CTO) are the co-founders of the company. In August 2023, ProjectDiscovery, Inc. raised USD 25 million in series A funding from CRV, including Accel, Lightspeed Venture Partners, Mango Capital, Point72 Ventures, Rain Capital, SignalFire, and Rain Capital.

The company’s product includes ProjectDiscovery Cloud Platform, which is a cutting-edge enterprise solution designed to empower organizations to detect and respond to vulnerabilities in critical assets. The firm’s platform excels in asset management by integrating assets from multiple clouds, automating asset discovery and enrichment, and maintaining a unified asset library. In addition, it boasts vulnerability detection, identifying exploitable vulnerabilities and misconfigurations with customizable scan templates and continuous scanning capabilities. Collaboration is made possible through shared storage, VCS connections, CI/CD integrations, and easy remediation validation, ensuring seamless integration into ITSMs like JIRA.

The business generates revenue through its pricing plans, which include team and enterprise plans to meet the different requirements of individuals and organizations.

The organization plans to use the August 2023 funding to support the launch of its product, ProjectDiscovery Cloud Platform, and grow its workforce.

## Funding rounds

- Series A, Aug 17, 2023, $25M — Accel, CRV, Lightspeed Venture Partners, SignalFire, Point72 Asset Management, Rain Capital, Mango Capital

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A
- CRV (https://capitalatlas.ai/funds/crv) — Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Series A
- Point72 Asset Management — Series A
- Rain Capital (https://capitalatlas.ai/funds/rain-capital) — Series A
- Mango Capital (https://capitalatlas.ai/funds/mango-capital) — Series A
