Bugcrowd

Crowdsourced cybersecurity bug bounty platform

Growth
San Francisco, USA
Founded 2012

About

Founded in 2012 in Sydney, Australia by Casey Ellis, Bugcrowd operates the leading crowdsourced cybersecurity platform connecting organizations with a global network of 500,000+ ethical hackers for bug bounty programs, penetration testing, and vulnerability disclosure. Customers include OpenAI, T-Mobile, and the U.S. government, with approximately 1,000 clients globally. Revenue reached $328M in 2024. The platform enables organizations to set up managed bug bounty and vulnerability disclosure programs, leveraging the collective intelligence of the security researcher community to find vulnerabilities before malicious actors do.

Products

  • Bugcrowd Platform — Access the world’s best hackers and pentesters to find and fix hidden vulnerabilities faster.
    Customer sectors: security teams, information security, technology companies
  • Bug Bounty — Continuously hunt for hidden, unknown vulnerabilities and pay only for valid results.
    Customer sectors: security teams, technology companies, financial services
  • Vulnerability Disclosure — Receive, prioritize, and remediate vulnerability submissions from hackers worldwide.
    Customer sectors: security teams, government, healthcare
  • Pen Testing as a Service — Meet compliance goals and reduce risk faster with agile, transparent penetration testing.
    Customer sectors: security teams, enterprise IT, regulated industries
  • Red Team as a Service — Simulate real-world threats to uncover tactical, operational, and strategic security risks.
    Customer sectors: security teams, enterprise IT, government

Market research & competitive positioning

Source-backed TAM / SAM / SOM sizing, displacement analysis, and an interactive peer positioning map for Bugcrowd — available to members.

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