How Much Did Conceal Raise?
Funding & Key Investors

Conceal has secured $35M in total funding, with its most recent financing round bringing in $26M in a major strategic investment. This latest capital infusion underscores the company's significant traction in the enterprise-level funding landscape.

What is Conceal?

Conceal
SoftwareSecurity Software

Conceal is at the forefront of delivering a Browser-Native Security Service Edge (SSE) platform. Its innovative solution provides Zero Trust Access and robust in-browser security, eliminating the need for traditional VPNs, proxies, or datacenter-routed traffic. This approach allows organizations to enable secure, direct access to any application from any device, thereby simplifying operations, reducing costs, and mitigating security risks.

How much funding has Conceal raised?

Conceal has raised a total of $35M across 2 funding rounds:

2021

Series A

$9M

2025

Series B

$26M

Series A (2021): $9M with participation from Allegis Capital

Series B (2025): $26M led by Two Bear Capital, AllegisCyber Capital, and Gula Tech Adventures

Key Investors in Conceal

Two Bear Capital

Two Bear Capital is an investment firm focused on supporting founders with innovative solutions in life sciences and technology. They operate in key innovation hubs and aim to build sustainable, impactful companies.

AllegisCyber Capital

AllegisCyber Capital is a venture capital firm specializing in early-stage cybersecurity investments, leveraging deep domain expertise and operational experience to support pioneering startups.

Gula Tech Adventures

Gula Tech Adventures invests in cybersecurity and national security, supporting startups and workforce development. They have a strong track record of successful exits and fostering high-value companies.

What's next for Conceal?

The recent major strategic investment signifies a pivotal moment for Conceal, positioning it for accelerated growth and market expansion. This substantial backing is expected to fuel further development of its Browser-Native SSE platform, enhance its go-to-market strategies, and solidify its competitive edge in the cybersecurity sector. The company is poised to capitalize on the increasing demand for advanced, user-friendly security solutions that address the complexities of modern digital environments.

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Frequently Asked Questions Regarding Conceal Financial Insights

What are the most recent funding rounds that Conceal has completed, and what were the funding rounds?
Conceal has recently completed 2 funding rounds: Series B on Oct 16, 2025, Series A on May 19, 2021.
What is the total amount of funding Conceal has raised to date?
Conceal has raised a total of $35M in funding to date.
How many funding rounds has Conceal completed?
Conceal has completed 2 funding rounds.
How much funding did Conceal raise in its most recent funding round?
Conceal raised $26M in its most recent funding round.
Who are the lead investors in Conceal's latest funding round?
The lead investor in Conceal's latest funding round was Two Bear Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Conceal's history?
The largest funding round in Conceal's history was $26M.
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