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SafeBase acquired Stacksi to Reinvent Frictionless Safety Assessments

September 15, 2023

Enterprise belief heart know-how startup, SafeBase, acquired Stacksi, an AI safety questionnaire automation platform.

Organizations throughout the globe, from trade giants like LinkedIn, Asana, Jamf, and Snyk, are tapping into the facility of SafeBase’s Belief Heart, benefiting from its seamless workflow integrations, automated NDA processes, and insightful back-end analytics.

SafeBase, based in 2020 by Al Yang (CEO) and Adar Arnon (CTO), has raised $20 million in funding. Their traders embrace New Enterprise Associates (NEA), Liquid2 Ventures, Y Combinator, NFX, Hack VC and Comcast Ventures. A lot of angels backed the startup, like Jim Alkove, former CISO and Chief Belief Officer at Salesforce, Zohar Alon, Sameer Sait and Stephen Schweich, amongst others.

Stacksi, a fellow Y Combinator graduate, presents an AI powered platform designed to automate the method of filling out enterprise safety questionnaires, aiming to expedite deal closures and unencumber engineers for extra vital duties. Focusing on fast-growing enterprise startups, Stacksi permits customers to add safety questionnaires and current safety insurance policies into its system. The platform analyzes these questionnaires, identifies gaps in opposition to safety requirements, and assists in enhancing the corporate’s safety program.

In keeping with administration commentary, SafeBase acquired Stacksi to allow corporations to reply extra effectively to bespoke safety questionnaires from patrons and foster mutual belief faster.

Gartner estimates that by the yr 2025, cybersecurity issues will probably be a key criterion in 60% of organizational decision-making processes concerning third-party transactions. SafeBase’s international community of Belief Facilities facilitates swift, simple, and clear safety assessments for safety groups, gross sales departments, and patrons alike.