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Bugcrowd Revenue & Funding (2024)

Bugcrowd generated an estimated $328.2M in annual revenue in 2024. Source: GetLatka estimate

Operator of a crowd-sourced security platform intended to help organizations with a customized security testing program to bolster their security posture. The company's platform offers cost-effective and security testing programs to manage bug bounty, vulnerability disclosure and next-gen pen test programs, enabling clients to commission a customized security testing program that fits their specific requirements.

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Bugcrowd Revenue

In 2024, Bugcrowd's revenue reached $328.2M. The company previously reported $189.8M in 2023. Since its launch in 2012, Bugcrowd has shown consistent revenue growth.

Bugcrowd Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$75M$150M$225M$300M$375M2012201420162018202020222024$0$127.8M$328.2MSource: GetLatka.com
YearMilestoneSource
2024Bugcrowd Hit $328.2m revenue in October 2024Estimated
2023Bugcrowd Hit $189.8m revenue in November 2023Estimated
2021Bugcrowd Hit $127.8m revenue in April 2021Not recorded
2012Launched with $0 revenue

Bugcrowd Valuation, Funding Rounds

Bugcrowd has not publicly disclosed its valuation. The company has raised $78.7M in total funding to date.

Bugcrowd has raised $78.7M in total funding across 6 rounds, with its most recent round in 2020.

Bugcrowd Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$20M$0.4$40M$0.6$60M$0.8$80M$1$100M201220132014201520162017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$30M--Not recorded
2018Funding round$26M--Not recorded
2016Funding round$15M--Not recorded
2015Funding round$6M--Not recorded
2013Funding round$1.6M--Not recorded
2013Funding round$50K--Not recorded

Founder / CEO

Dave Gerry

CEO

Named chief executive of Bugcrowd in November 2022, Dave Gerry had joined the crowdsourced security company as chief operating officer earlier that year. He came from WhiteHat Security, where he served as CRO and COO through its acquisitions by NTT and Synopsys, and has also held leadership roles at Veracode, Sumo Logic and Herjavec Group. Gerry holds an MBA from Suffolk University.

Bugcrowd Employees & Team Size

Bugcrowd employs approximately 2.8K people as of 2026, up from 2.1K in 2023.

Bugcrowd Team GrowthReported headcount over time06001,2001,8002,4003,0002012201420162018202020222024002,8322,832Source: GetLatka.com
YearMilestoneSource
2024Reached 2.8K employees (October 2024)Not recorded
2023Reached 2.1K employees (November 2023)Not recorded
2023Reached 2.1K employees (July 2023)Not recorded
2022Reached 1.9K employees (November 2022)Not recorded
2021Reached 1.6K employees (November 2021)Not recorded
2021Reached 1.6K employees (April 2021)Not recorded

Frequently Asked Questions about Bugcrowd

What is Bugcrowd's revenue?

As of 2024, Bugcrowd generated an estimated $328.2M in annual revenue.

Who founded Bugcrowd?

Bugcrowd was founded by Dave Gerry.

When was Bugcrowd founded?

Bugcrowd was founded in 2012.

Who is the CEO of Bugcrowd?

The CEO of Bugcrowd is Dave Gerry.

How much funding does Bugcrowd have?

Bugcrowd raised $78.7M across 6 rounds.

How many employees does Bugcrowd have?

As of 2024, Bugcrowd had 2.8K employees.

Where is Bugcrowd headquartered?

Bugcrowd is headquartered in San Francisco, California, United States.

Compare Bugcrowd to the industry

Bugcrowd operates across multiple industries. Browse revenue, funding, and growth data for Bugcrowd in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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