SoSafe raises $73Mn in its Series B funding

The Cologne-based cybersecurity awareness and testing platform SoSafe raised $73 million in Series B funding led by Highland Europe. SoSafe’s solution supplies end-users with gamification embedded throughout the platform.

Existing investors Acton Capital and Global Founders Capital joined SAP Hybris founder and Celonis Advisory Board member Carsten Thoma, together with La Famiglia as well as Adjust founder Christian Henschel as participants.

SoSafe plans to use this funding to accelerate its presence in international markets and scale the development of its behavioural science-based, human-centric security solution. The platform is used by more than 1,500 organisations, including Aldi, Ceconomy AG, Taylor Wessing, Vattenfall and Valtech.

Dr. Niklas Hellemann, Co-Founder and Managing Director of SoSafe, said: “Challenging the existing paradigms in security awareness and human risk management, we have seen tremendous adoption of our platform and extraordinary growth.”