Valence Security
The first security company to offer collaborative remediation workflows that engage with business users to contextualize and reduce SaaS data sharing, supply chain, identity, and misconfiguration risks with scalable policy enforcement and automated workflows.
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 57 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Valence Security is a promising early-stage startup that operates in the Software as a Service (SaaS) security market. The company provides a SaaS Security Platform that helps businesses identify and mitigate security risks across their mission-critical SaaS applications. This platform is a game-changer for security teams as it automates the process of risk mitigation, reducing the need for manual and labor-intensive workflows.
Valence's platform works by automatically collecting the required business context, educating business users about SaaS risks, and encouraging them to remediate risks on their own. This self-governance approach not only enhances the security of SaaS applications but also empowers business users to take charge of their own security.
The company's innovative approach to SaaS security has earned it several accolades, including being a finalist for the Most Promising Early-Stage Startup at the 2023 SC Media Awards, and winning the Editor's Choice for InfoSec Startup of the Year and Hot Company for SaaS/Cloud Security at the 2023 Global InfoSec Awards.
Valence Security serves a broad range of clients who use SaaS applications in their operations. The company's business model is based on providing its SaaS Security Platform as a service to these clients. It generates revenue by charging clients for using its platform, which they can demo before deciding to purchase.
Keywords: SaaS Security, Risk Mitigation, Automated Workflows, Self-Governance, Business Users, Security Education, Award-Winning, Broad Client Base, Service-Based Business Model, Revenue Generation.