How much did Fig Security raise in its Series A?

Fig Security raised $30M in a Series A announced on 3 March 2026.

Who invested in Fig Security's Series A?

The round was led by Team8, Ten Eleven Ventures, Douglas Merritt, René Bonvanie.

What does Fig Security do?

Fig Security is a cybersecurity company specializing in Security Operations, founded in 2025 and headquartered in New York, United States.

Funding record · 2026 / 03

Fig Security raises $30M Series A for security operations

Announced 3 March 2026 · Recorded 8 September 2026 · Last verified 8 September 2026

Fig Security, a security operations company based in New York, United States, raised $30M in a Series A announced on 3 March 2026, led by Team8, Ten Eleven Ventures and Douglas Merritt with one other. Its disclosed equity funding is now $30M across 1 round.

Amount: $30M
Round: Series A
Announced: 3 March 2026
Lead investors: Team8, Ten Eleven Ventures, Douglas Merritt, René Bonvanie
Sources on record: 1darkreading.com

From the source

Fig Security Emerges From Stealth with $38M in Seed and Series A Funding

Fig Security, a cybersecurity startup founded by former Google Cloud Security and Siemplify executives, emerged from stealth mode on March 3-5, 2026, announcing $38 million in combined Seed and Series A funding. The platform helps enterprises detect and fix broken security flows across their entire SecOps infrastructure by tracing data lineage end-to-end and identifying gaps in detection and response capabilities. Lead investors include Team8 and Ten Eleven Ventures, with notable angel investors including Doug Merritt (former Splunk CEO), Rene Bonvanie (former Palo Alto Networks CMO), and founders of Demisto and Siemplify. The company is already being used by Fortune 100 companies and is a Top 10 finalist in the RSAC 2026 Innovation Sandbox Contest.

darkreading.com · 5 March 2026 ↗

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What the record says about Fig Security

Momentum 58 / 100 · Steadylocked →
pillars in the platform
34 employees · up 3% last month · 4 open roleslocked →
history and breakdowns in the platform
Exit Readiness: Lowlocked →
Tested against 751 past exits in the Mandos record: 43% sat in Watch or Elevated 2 years before. Companies in Elevated exited at 3.1× the record's rate.
Buyers most often compare Fig Security with Cotoollocked →
the full set in the platform

Funding history

Fig Security funding on record

Fig Security has raised $30M in priced equity. Its most recent round was a Series A in March 2026.

Latest round on record: Series A, Mar 2026.

Fig Security funding on the profile →

In the platform

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How much did Fig Security raise in its Series A?: Fig Security raised $30M in a Series A announced on 3 March 2026.
Who invested in Fig Security's Series A?: The round was led by Team8, Ten Eleven Ventures, Douglas Merritt, René Bonvanie.
What does Fig Security do?: Fig Security is a cybersecurity company specializing in Security Operations, founded in 2025 and headquartered in New York, United States.