About Hackrate

Hackrate is an ethical hacking platform that utilizes a global community of independent ethical hackers to conduct continuous security testing and vulnerability assessments. By providing a centralized management solution, HackGATE™, it enables companies to effectively monitor and control their cybersecurity projects, reducing the risk of data breaches and optimizing security budgets.

```xml <problem> Organizations face increasing cybersecurity threats and struggle to efficiently identify vulnerabilities in their software and systems. Traditional penetration testing can be expensive, time-consuming, and may not provide continuous monitoring for emerging threats. </problem> <solution> Hackrate offers a crowdsourced ethical hacking platform that provides continuous security testing and vulnerability assessments. The platform leverages a global community of independent ethical hackers to identify security weaknesses, offering a more dynamic and cost-effective approach compared to traditional methods. Hackrate's HackGATE™ solution provides a centralized management interface for companies to monitor and control their cybersecurity projects, ensuring transparency and control throughout the testing process. By incentivizing ethical hackers to find vulnerabilities, Hackrate helps organizations proactively reduce the risk of data breaches and optimize their security budgets. The platform supports managed bug bounty programs, penetration testing as a service, managed vulnerability disclosure policies, and attack surface management. </solution> <features> - Access to a global community of independent ethical hackers for continuous security testing - HackGATE™: A managed gateway solution for controlling and monitoring ethical hacker projects - Managed Bug Bounty Program: Discover security weaknesses through incentivized testing - Penetration Testing as a Service (PTaaS): Controlled approach to assess IT systems against real-life attacks - Managed Vulnerability Disclosure Policy (mVDP): Engage security researchers to report potential security bugs - Attack Surface Management (ASM): Continuous visibility into internet-exposed assets for proactive risk identification - Integration with popular messaging programs like Teams and Slack - Jira integration for tracking and managing vulnerability reports </features> <target_audience> Hackrate's primary customers are organizations of all sizes seeking to enhance their cybersecurity posture, including those in finance, healthcare, technology, telecom, e-commerce, and gaming/gambling industries. </target_audience> <revenue_model> Hackrate generates revenue through subscriptions and service fees for its platform and associated security testing services, including managed bug bounty programs and penetration testing. </revenue_model> ```

What does Hackrate do?

Where is Hackrate located?

Hackrate is based in Budapest, Hungary.

When was Hackrate founded?

Hackrate was founded in 2020.

How much funding has Hackrate raised?

Hackrate has raised 750000.

Location

Budapest, Hungary

Founded

2020

Funding

750000

Employees

11 employees

Major Investors

Hiventures

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Hackrate

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Executive Summary

hckrt.com 3K+

Crunchbase

Founded 2020 – Budapest, Hungary

Funding

Estimated Funding

$500K+

Major Investors

Hiventures

Team (10+)

No team information available.

Company Description

Problem

Organizations face increasing cybersecurity threats and struggle to efficiently identify vulnerabilities in their software and systems. Traditional penetration testing can be expensive, time-consuming, and may not provide continuous monitoring for emerging threats.

Solution

Hackrate offers a crowdsourced ethical hacking platform that provides continuous security testing and vulnerability assessments. The platform leverages a global community of independent ethical hackers to identify security weaknesses, offering a more dynamic and cost-effective approach compared to traditional methods. Hackrate's HackGATE™ solution provides a centralized management interface for companies to monitor and control their cybersecurity projects, ensuring transparency and control throughout the testing process. By incentivizing ethical hackers to find vulnerabilities, Hackrate helps organizations proactively reduce the risk of data breaches and optimize their security budgets. The platform supports managed bug bounty programs, penetration testing as a service, managed vulnerability disclosure policies, and attack surface management.

Features

Access to a global community of independent ethical hackers for continuous security testing

HackGATE™: A managed gateway solution for controlling and monitoring ethical hacker projects

Managed Bug Bounty Program: Discover security weaknesses through incentivized testing

Penetration Testing as a Service (PTaaS): Controlled approach to assess IT systems against real-life attacks

Managed Vulnerability Disclosure Policy (mVDP): Engage security researchers to report potential security bugs

Attack Surface Management (ASM): Continuous visibility into internet-exposed assets for proactive risk identification

Integration with popular messaging programs like Teams and Slack

Jira integration for tracking and managing vulnerability reports

Target Audience

Hackrate's primary customers are organizations of all sizes seeking to enhance their cybersecurity posture, including those in finance, healthcare, technology, telecom, e-commerce, and gaming/gambling industries.

Revenue Model

Hackrate generates revenue through subscriptions and service fees for its platform and associated security testing services, including managed bug bounty programs and penetration testing.