Funding record · 2026 / 02

UpGuard raises $75M Series C for GRC
Announced 26 February 2026 · Recorded 8 September 2026 · Last verified 8 September 2026
UpGuard, a GRC company based in Mountain View, United States, raised $75M in a Series C announced on 26 February 2026, led by Springcoast Partners, August Capital and Square Peg Capital with one other. Its disclosed equity funding is now $122.38M across 8 rounds.
- Amount
- $75M
- Round
- Series C
- Announced
- 26 February 2026
- Lead investors
- Springcoast Partners, August Capital, Square Peg Capital, Pelion Venture Partners
- Sources on record
- 2pulse2.com
From the source
UpGuard Raises $105 Million Series C Led by Springcoast Partners
UpGuard, an Australian cybersecurity and risk management company, raised $105 million in Series C funding led by New York-based Springcoast Partners. The round also included existing investors Square Peg, August Capital, and Pelion Venture Partners. Funds will be used for M&A, expanding the AI-powered Cyber Risk Posture Management platform, and global scaling.
pulse2.com · 26 February 2026 ↗The Mandos read
What the record says about UpGuard
- Momentum 56 / 100 · Steadylocked →
pillars in the platform
- 372 employees · up 5% last month · 59 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 UpGuard with Whistic, Panorays and ResilientXlocked →
the full set in the platform
Funding history
UpGuard funding on record
UpGuard has raised $122.38M in priced equity. Its most recent round was a Series C in February 2026.
Latest round on record: Series C, Feb 2026.
UpGuard funding on the profile →In the platform
The round is the fact. The read is the product.
Every round, investor and correction for UpGuard, the competitors buyers weigh it against, hiring by department, and an alert when the next thing happens.
The same record answers in Claude, ChatGPT and Cursor through the Mandos MCP server.
The Mandos Brief
Cybersecurity funding, deals and moves, every Monday.
FAQ
Questions people ask
- How much did UpGuard raise in its Series C?
- UpGuard raised $75M in a Series C announced on 26 February 2026.
- Who invested in UpGuard's Series C?
- The round was led by Springcoast Partners, August Capital, Square Peg Capital, Pelion Venture Partners.
- What does UpGuard do?
- UpGuard is a cybersecurity company specializing in GRC, founded in 2012 and headquartered in Mountain View, United States.













