Cybersecurity Startup WhizHack Raises $3 Mn At $100 Mn Valuation

• WhizHack has secured $3 Mn in its Pre-Series A funding round from SAAA Capital, valuing the startup at $100 Mn.
• The fresh capital will be used to enhance R&D through collaborations with universities in India and the US.
• The startup plans to raise a larger Series A round in early 2025 to expand into North America and Europe.
• WhizHack has seen over 200% annual growth in business from enterprise and government clients, and a 50X increase in shareholder value over the past three years.
• Founded in November 2020, WhizHack competes with Kratikal, Hicube, and Skylark, and counts IITs, NPTI, and Microsoft among its partners.

Source: Inc42