# WatchTowr Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/watchtowr-pte

- Industry: IT Security/Cybersecurity
- Headquarters: Singapore
- Website: www.watchtowr.com
- Total disclosed funding: $21M
- Latest round: Series A (Oct 7, 2024)
- Investors on record: 5

## About

Based in Singapore, WatchTowr Pte. Ltd. specializes in cybersecurity solutions, focusing on Continuous Automated Red Teaming and External Attack Surface Management to protect organizations from evolving threats.WatchTowr Pte. Ltd. was founded in 2021 in Singapore, operating as an independent firm. The company was established by Benjamin Harris, who serves as the CEO. WatchTowr has successfully raised USD 19.00 mn in Series A funding, led by Peak XV Partners, with additional participation from Cercano Management and Prosus Ventures. The firm has completed a total of 3 deals, with the most recent funding round occurring on October 7, 2024. The total amount raised to date stands at USD 19.00 mn.WatchTowr offers a comprehensive cybersecurity solution centered around its Continuous Automated Red Teaming (CART) platform and External Attack Surface Management (EASM) capabilities. The platform enables organizations to gain visibility into their attack surfaces, continuously identifying exploitable vulnerabilities while allowing for a rapid response to emerging threats. This service integrates seamlessly with existing security infrastructures, improving incident response and reducing cybersecurity risks, especially during mergers and acquisitions. The company targets a broad client base including large enterprises across finance, healthcare, and technology sectors, with operations in North America, Europe, and Asia-Pacific.In 2023, WatchTowr generated revenue of USD 375,277.80, with an EBITDA of USD -3,792,233.60. The company operates on a subscription-based model for its platform services, primarily serving B2B clients who engage through annual or multi-year contracts, facilitating access to its full suite of offerings including EASM and CART services.Following its most recent funding round in October 2024, WatchTowr plans to utilize the USD 19.00 mn raised to support business expansion and enhance its cybersecurity platform. The company is also looking to acquire engineering teams to bolster its capabilities. There are ongoing initiatives aimed at launching new products and expanding into new geographic markets, although specific details on upcoming products or targeted regions have not been disclosed.

## Funding rounds

- Series A, Oct 7, 2024, $19M — Prosus Ventures, Cercano Management, Peak XV Partners
- Seed, Feb 15, 2022, $2.3M — Vulcan, Wavemaker Partners

## Investors

- Vulcan (https://capitalatlas.ai/funds/vulcan) — Seed
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series A
- Cercano Management (https://capitalatlas.ai/funds/cercano-management) — Series A
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series A