# SafeStack Academy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/safestack-academy

- Industry: IT Security/Cybersecurity
- Headquarters: Auckland, New Zealand
- Website: https://academy.safestack.io/
- Total disclosed funding: $1.6M
- Latest round: Seed (Oct 11, 2021)
- Investors on record: 5

## About

SafeStack Academy offers cybersecurity training and resources aimed at improving the security capabilities of organizations. Their focus is on developing practical skills to enhance digital safety across various sectors.SafeStack Academy, founded in 2020 and headquartered in Auckland, New Zealand, specializes in cybersecurity education and training. The company was co-founded by Erica A and Laura Main, with Laura Main serving as the CEO. Since inception, SafeStack Academy has raised NZD 2.3 million in Seed funding in October 2021, led by Jelix Ventures, with participation from Carthona Capital, K1W1, NAB Ventures, and New Zealand Growth Capital Partners. The firm has completed 2 deals as of the most recent deal date.The core offerings of SafeStack Academy revolve around advanced security solutions designed to enhance digital safety across various platforms. Their primary product suite includes software and services that cater to businesses aiming to fortify their cybersecurity measures against an evolving threat landscape. These products are tailored for both small and large enterprises, focusing on sectors such as finance, healthcare, and technology, where data integrity and user trust are paramount. By enabling clients to implement robust security frameworks, the company addresses pressing challenges like data breaches and compliance with regulatory standards. Their solutions have been deployed in markets across North America, Europe, and Asia, reflecting a strategic approach to global security needs.The company's revenue model is primarily based on subscription services, where clients engage in ongoing contracts to utilize its cybersecurity solutions. These subscriptions typically include tiered pricing plans that cater to different operational scales, ensuring that both small startups and large corporations can find suitable packages. Clients benefit from regular updates and support, which are integral to maintaining security effectiveness over time. Transactions occur directly between the firm and its clients, fostering strong partnerships based on trust and reliability. Flagship products within the suite are positioned to meet the specific requirements of their customer base, solidifying the company’s reputation in the cybersecurity sector.Following the recent NZD 2.3 million Seed funding round in October 2021, SafeStack Academy plans to accelerate the development and growth of its software security products. The company aims to enhance its offerings and expand into new markets, focusing on regions where cybersecurity needs are increasing. Specific target markets include North America and Europe, with plans to make significant inroads by the end of 2023. The investment will support product development initiatives and facilitate entry into these key geographic areas, thereby strengthening the firm’s position in the cybersecurity landscape.

## Funding rounds

- Seed, Oct 11, 2021, $1.6M — New Zealand Growth Capital Partners, Carthona Capital, NAB Ventures, Jelix Ventures, K1W1

## Investors

- New Zealand Growth Capital Partners — Seed
- Carthona Capital (https://capitalatlas.ai/funds/carthona-capital) — Seed
- NAB Ventures (https://capitalatlas.ai/funds/nab-ventures) — Seed
- Jelix Ventures (https://capitalatlas.ai/funds/jelix-ventures) — Seed
- K1W1 — Seed