Strider Technologies

Strider Technologies

Strategic intelligence using AI and open data

About Strider Technologies

Simplify's Rating
Why Strider Technologies is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Consulting

Cybersecurity

AI & Machine Learning

Company Size

51-200

Company Stage

Series C

Total Funding

$110.9M

Headquarters

Salt Lake City, Utah

Founded

2019

Overview

Strider Technologies provides strategic intelligence services that help organizations enhance their technology and innovation efforts. The company uses open source data and artificial intelligence to convert publicly available information into valuable insights. Strider serves a diverse range of clients, including those in the public, research, and academic sectors, by offering actionable data that helps them identify risks and seize opportunities in a competitive global landscape. One of Strider's key products is Shield, which integrates with existing security systems to deliver focused analysis of security events and proactive defense strategies. The company updates its database monthly to ensure clients have access to the latest information, setting it apart from competitors by providing timely and relevant insights tailored to critical organizational needs.

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Funded Recently
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Simplify's Take

What believers are saying

  • Strider raised $55m in Series C funding to expand its AI platform.
  • The company launched Spark AI for enhanced data search and risk management.
  • Strider's partnership with Sumisho Aero-Systems expands its reach in the Japanese market.

What critics are saying

  • Emerging competition from AI-driven intelligence firms may erode Strider's market share.
  • Strider's reliance on open-source data could be challenged by data privacy regulations.
  • The geopolitical focus on China and Russia may expose Strider to political risks.

What makes Strider Technologies unique

  • Strider uses AI to convert open-source data into strategic intelligence insights.
  • The company focuses on mitigating state-sponsored IP theft and supply chain vulnerabilities.
  • Strider's Shield product integrates with existing systems for proactive security analysis.

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Funding

Total Funding

$110.9M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$55M
Strider Technologies
$62M
SeatGeek
$100M
Oura

Benefits

Competitive Compensation

Company Equity Options

Flexible Paid Time Off

Wellness Reimbursement

US Holidays (Office Closed)

Paid Parental Leave

Comprehensive Medical, Dental, and Vision Insurance

401(k) Retirement Plan

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

18%
Fintech Global
Sep 13th, 2024
Strider Technologies secures $55m to expand AI-driven global intelligence platform

Strider Technologies, a leading provider of strategic intelligence solutions, has raised $55m in a Series C funding round.

PR Newswire
Nov 2nd, 2023
Strider Technologies Announces Enhanced Services For Economic Security Teams To Respond To State-Sponsored Risk

Strider Services enables organizations to harness the power of open-source intelligence and develop mature economic security programsSALT LAKE CITY, Nov. 2, 2023 /PRNewswire/ -- Strider Technologies, Inc. ("Strider"), the leading provider of strategic intelligence, today released Services, a new set of offerings to help organizations develop advanced economic security programs to respond to state-sponsored risks."Building a strong economic security program is an essential step for companies and research institutions to defend against state-sponsored actors seeking to steal intellectual property and compromise supply chains," said Eric Levesque, COO and Co-founder of Strider. "We are proud to offer this unique set of services to protect their intellectual property and the innovators that are building the future each day."Strider Services is designed for existing Strider clients seeking to transform nascent and developing security initiatives into mature and advanced programs to protect their technology, talent, and supply chains. With a focus on growth and enhancement, Services will empower organizations to leverage the full potential of their internal capabilities coupled with Strider's proprietary data and cutting-edge AI technology.Services includes three specific offerings for Strider clients:Environment: Users receive comprehensive training on external and internal risk environments, tailored to their organization and industry. By thoroughly understanding their risk landscape, users can identify and respond to risk with more precision and effectiveness.Strategy: Users learn how to move from an ad hoc response to a defined and structured security protocol

PR Newswire
Oct 26th, 2023
Strider Technologies Launches New Data Catalog Enabling Government Agencies To Identify And Analyze State-Sponsored Risk

Curated data collections illuminate key indicators of state-sponsored risks to intellectual property, talent, and supply chainsSALT LAKE CITY, Oct. 26, 2023 /PRNewswire/ -- Strider Technologies, Inc. ("Strider"), the leading provider of strategic intelligence, today announced the launch of its first Data Catalog offering for public sector clients. This curated collection of Strider's proprietary data will allow users to perform direct analysis and develop customized applications to enable a broad spectrum of mission sets, including identifying nation-state activity across industry and supply chains."We're excited to make our unique data assets available to advance national security priorities," said Greg Levesque, CEO and Co-founder of Strider. "We view this as a key step in promoting the idea of Data Dominance within government to reimagine the way open-source data and generative AI can secure national interests."Strider's Data Catalog will initially offer five distinct data collections related to the People's Republic of China and Russia. Additional data collections will be added to Data Catalog in the future

PR Newswire
Oct 19th, 2023
Strider Technologies Announces Generative Ai Search Capability

Spark AI is the new gateway to Strider's strategic intelligenceSALT LAKE CITY, Oct. 19, 2023 /PRNewswire/ -- Strider Technologies, Inc. ("Strider"), the leading provider of strategic intelligence, today announced Spark AI, a new generative AI-powered data search capability. Spark AI will revolutionize the way organizations utilize Strider's exclusive procurement data to manage supply chains, navigate sanctions compliance, and comply with export controls.Using Spark AI, users can ask questions and tap into Strider's data collection to get immediate answers about organizations, goods, and services that have a transactional history with state-sponsored government, defense, and military entities–even tracing back to the original source documents."We are pushing forward a convergence of open-source intelligence and generative AI to redefine what's possible in this era of strategic competition," said Greg Levesque, CEO and Co-founder of Strider. "Industry has effectively become a battlespace among nation states, driving state-sponsored actors to penetrate supply chains, steal intellectual property, and recruit talent. Our mission is to deliver software tools fueled by proprietary data to enable industry, academia, and government to identify and proactively respond to these threats

PR Newswire
Sep 19th, 2023
Admiral (Ret.) Craig Faller Joins Strider Technologies As An Advisor

SALT LAKE CITY, Sept. 19, 2023 /PRNewswire/ -- Strider Technologies, Inc. ("Strider"), the leading provider of strategic intelligence, today announced that Admiral (Ret.) Craig Faller is joining the company as an Advisor. In this role, Admiral Faller will provide Strider valuable insight into strategic priorities, product development, and other opportunities to achieve the company's long-term goals."We're thrilled to work with Admiral Faller on important strategic initiatives," said Greg Levesque, CEO and Co-founder of Strider. "Craig brings decades of invaluable national-security experience to the table and understands how imperative it is for the United States and our allies to protect the advanced technologies, intellectual property, and talent under threat from our geopolitical adversaries.""I am proud to be working with the Strider team as they carry out their work to protect the competitive edge and national security of the United States," said Admiral Faller. "The strategic intelligence they provide to businesses, research institutions, and government agencies enables these organizations to fight back against state-sponsored threats

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