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§ Private Profile · Austin, TX, USA
Threatcare is a technology company.
Threatcare developed an AI-based platform for proactive cyber defense, specializing in breach and attack simulations. This offering enabled organizations to continuously validate security infrastructure, identifying vulnerabilities before exploitation. The platform provided measurable insights into an enterprise's defense posture, fostering systematic improvements in resilience against evolving cyber threats.
Founded in 2014 by CEO Marcus J. Carey, Threatcare emerged from the understanding that traditional security assessments were inadequate. Leveraging his cybersecurity background, Carey envisioned empowering businesses beyond theoretical protection. He aimed to deliver practical, actionable intelligence, strengthening real-world defenses against potential breaches.
Threatcare's solutions targeted enterprises prioritizing robust security validation and incident preparedness. The company's vision was to transition clients from reactive to continuous proactive defense. By illustrating actual risk exposure through simulated attacks, Threatcare sought to enhance organizational security maturity and instill confidence in their cyber resilience.
Threatcare has raised $3.1M across 3 funding rounds.
Threatcare has raised $3.1M in total across 3 funding rounds.
Threatcare has raised $3.1M across 3 funding rounds. Most recently, it raised $2.0M Seed in October 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2019 | $2M Seed | — | Moonshots Capital | Announced |
| Jan 1, 2018 | $1M Seed | Moonshots Capital | Firebrand Ventures, Flyover Capital | Announced |
| Jan 1, 2017 | $120K Seed | — | Comal Ventures, Fifth Wall, Frontier Ventures, G20 Ventures, Peterson Ventures, BEN Davenport, Bobby Goodlatte, Erik Moore, Louis Beryl | Announced |
Threatcare has raised $3.1M in total across 3 funding rounds.
Threatcare's investors include Moonshots Capital, Firebrand Ventures, Flyover Capital, Comal Ventures, Fifth Wall, Frontier Ventures, G20 Ventures, Peterson Ventures, Ben Davenport, Bobby Goodlatte, Erik Moore, Louis Beryl.
Threatcare was an Austin-based cybersecurity company founded in 2014 that developed a Breach and Attack Simulation (BAS) platform to help organizations measure and improve their cybersecurity effectiveness.[1][3][5] The platform provided real-time insights, actionable recommendations, and tools like offline testing, custom techniques, endpoint protection validation, and integration with the MITRE ATT&CK framework, serving progressive technology companies, cybersecurity practitioners, consultants, and penetration testers.[1][2][6] It addressed the problem of fragmented security stacks by simulating attacks to validate controls, detect vulnerabilities, and enhance detection/response workflows, with features like the Threatcare App for standalone desktop use and the Threatcare Agent for multi-network simulations.[1] Threatcare raised $2.05M before being acquired by ReliaQuest in October 2019, after which its technology integrated into ReliaQuest's GreyMatter platform to boost automated security outcomes.[2][3]
Threatcare was founded in 2014 by Marcus J. Carey, who brought over 20 years of experience in penetration testing, incident response, and digital forensics from roles with U.S. Navy cryptography, NSA, DC3, DIA, and DARPA.[1][3] The idea emerged from Carey's direct engagement with cybersecurity practitioners, identifying needs like offline testing and MITRE ATT&CK integration, leading to innovations such as the Threatcare App.[1] Early traction built on its leadership in BAS, simplifying security evaluations, monitoring, simulations, and staff training, with headquarters at 1309 E. 7th Street in Austin, Texas.[3][5] A pivotal moment came with its 2019 acquisition by ReliaQuest, where Carey joined the Office of the CTO and the team integrated to enhance enterprise security platforms.[2]
Threatcare rode the rising demand for BAS tools amid escalating cyber threats, enabling organizations to proactively identify vulnerabilities, test responses, and ensure compliance in sectors like IT, finance, healthcare, and beyond.[1][3] Its timing aligned with the shift toward integrated security platforms, as enterprises grappled with fragmented tools and alert fatigue, fueling a market projected to grow at a 31.8% CAGR by simulating attacks to stay ahead of sophisticated adversaries.[3] By validating security workflows instantly, Threatcare influenced the ecosystem through its 2019 integration into ReliaQuest's GreyMatter, which improved threat detection fourfold, cut downtime by 98%, and lowered costs by 35%, setting a standard for unified cybersecurity operations.[2]
Post-acquisition, Threatcare's BAS capabilities evolved within ReliaQuest's GreyMatter, with features rolling out to customers by early 2020, enhancing proactive security for enterprises.[2] Looking ahead, its legacy persists in the booming BAS market driven by AI advancements, regulatory pressures, and hybrid threats, potentially expanding through ReliaQuest's innovations in unified detection and response. As cybersecurity stacks grow more complex, Threatcare's foundational emphasis on simulation and validation positions its integrated tech to shape resilient defenses, tying back to its origins in practitioner-led tools that secure organizations faster.[1][2][3]