HackerOne

HackerOne

Platform connecting ethical hackers with brands

About

HackerOne provides a platform that connects global brands with ethical hackers to improve their cybersecurity. The platform allows companies to identify and monitor risks in their digital assets by utilizing the skills of ethical hackers who conduct penetration tests to find vulnerabilities. Clients can import their asset data and use the platform to rank the risk of exploitable assets, ensuring a proactive approach to application security. Unlike many competitors, HackerOne offers continuous asset testing and 24/7 security coverage, allowing clients to manage costs and scale their security efforts as needed. The goal of HackerOne is to promote a proactive security culture by encouraging companies to implement bug bounty programs, which can significantly enhance their cybersecurity strategies.

Company Stage

Series E

Employees

5,001-10,000

Industries

Cybersecurity

Total Funding

$155.1M

Headquarters

San Francisco, California

Founded

2012


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Simplify's Take

What believers are saying

  • Partnerships with regional distributors expand HackerOne's market reach.
  • The free tier for vulnerability disclosure attracts smaller businesses and startups.
  • Collaboration with Crypto.com highlights trust in securing digital assets.

What critics are saying

  • Increased competition from AI-focused bug bounty programs like Anthropic's.
  • The free tier may cannibalize HackerOne's paid services.
  • Regional cybersecurity regulations may challenge Middle East expansion.

What makes HackerOne unique

  • HackerOne connects businesses with a global community of ethical hackers.
  • The platform offers a unique bug bounty solution for proactive cybersecurity.
  • HackerOne provides 24/7 security coverage and scalable, cost-effective solutions.

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Growth & Insights
Headcount

6 month growth

6%

1 year growth

16%

2 year growth

51%

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