Company profile: Shape Security
1.1 - Company Overview
Company description
- Provider of defense against malicious automated cyber-attacks on web and mobile applications, using ML and behavioral analytics to detect and prevent attacks with minimal false positives. Delivers protection across APIs and apps, prebuilt connectors for fast cloud and on-prem deployment, and highly obfuscated clients. Has deflected over $1B in fraud losses for major retailers, financial institutions, airlines, and government agencies.
Products and services
- Protection across APIs and web and mobile apps: Offers enterprise-grade defense for web and mobile applications and their APIs, safeguarding user interactions and having deflected over $1B in fraud losses across retailers, finance, airlines, and government agencies
- ML and behavioral analytics: Uses production-scale machine learning and behavioral analytics to identify and prevent malicious automated cyber-attacks with minimal false positives, enabling accurate detection across web and mobile applications
- Highly obfuscated clients: Employs tamper-resistant, highly obfuscated clients to prevent reverse engineering and bypassing of security measures, fortifying defenses within web and mobile applications
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Shape Security
OnSIP
HQ: United States
Website
- Description: Provider of Unified Communications as a Service (UCaaS) and collaboration platform for businesses, offering real-time communications and business VoIP. Services include hosted VoIP, softphone app, team pages with presence and click-to-call, auto attendant, call recording, voicemail management with voicemail-to-email, and APIs for developers.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Syncurity
HQ: United States
Website
- Description: Provider of IR-Flow, a rapidly deployable cybersecurity incident response workspace that streamlines and automates IR to remediate incidents faster, unifies security teams, and embeds smart compliance by integrating people, processes, and technology to realize better cybersecurity outcomes.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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DPRA
HQ: United States
Website
- Description: Provider of systems, software, and planning tools enabling business and government to execute efficiently and manage proactively; specializing in complex logistics for large-scale military operations, humanitarian support, and environmental policy challenges. Services include Agile/Scrum software development, cybersecurity, database management, IT project support, custom solutions for federal agencies, and the GridMeNow platform.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Horizon3.ai
HQ: United States
Website
- Description: Provider of an autonomous penetration testing and vulnerability management platform. Horizon3.ai's NodeZero continuously simulates real-world attacks to assess attack surfaces, identifying exploitable vulnerabilities, misconfigurations, and weak credentials with actionable remediation insights. Integrates with Splunk, CrowdStrike, and ServiceNow; supports MSSPs/MSPs; offers PCI DSS pentesting; and promotes a purple team culture.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Horizon3.ai company profile →
Elemental Security
HQ: United States
Website
- Description: Provider of enterprise policy and risk management solutions in the United States, offering the Elemental Security Platform (ESP) for compliance automation and enforcement across cloud, on-premise, hybrid, and hosted environments, plus forensic analysis, enterprise risk governance, compliance trending, audit trails, and cross-platform policy implementation.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Elemental Security company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Shape Security
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Shape Security
2.2 - Growth funds investing in similar companies to Shape Security
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4 - Top valuation comps for Shape Security
4.2 - Public trading comparable groups for Shape Security
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