Safe Security

Safe Security, formerly Lucideus, is a pioneer in the “Cybersecurity and Digital Business Risk Quantification” (CRQ) space.

Safe Security's mission is to become the de-facto industry standard to measure, manage, and transfer cyber risk.

Safe Security was founded in India in 2012, by Saket Modi, Rahul Tyagi, and Vidit Baxi. The company is headquartered in Palo Alto, California, with offices in Boston, MA; New Delhi, India; and Singapore.


Safe Security has redefined cyber risk measurement and management with its real time, data driven approach that empowers enterprises, boards, regulators and cyber insurance carriers to understand cyber risk in an aggregated and granular manner.


Safe is the only cyber risk platform that allows CISOs to evaluate their cyber controls’ efficacy, mapped with the MITRE ATT&CK and D3FEND frameworks. As well as providing an easy to understand view of enterprise cyber risk for CEOs and CFOs.


Safe has over 200 customers worldwide including multiple Fortune 2000 organizations, enabling their leadership teams to measure and mitigate cyber risks in real-time and make cybersecurity an informed business decision. Notable customers include BT, KFC, Munich RE, ICICI Bank, Discover, Cox Enterprises, Molina Healthcare, Lifecell, Apollo Hospitals, among others.


Safe is backed by BT Group, Sorenson Capital, Eight Roads, MS&AD Ventures, Telstra Ventures, WTI, InnoVen Capital, John Chambers, and others. The company raised $50M in a Series B round on Apr 18, 2023. This brings Safe's total funding to $99.2M to date.



  • Year founded: 2012
  • Funding Info: $99.2M over 6 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Palo Alto
  • State: California
  • Country: United States
Related businesses