Saket Modi (SAFE Security)

Overview

Saket Modi is an esteemed entrepreneur and cybersecurity expert, best known for co-founding SAFE Security, a company that specializes in Cybersecurity and Digital Business Risk Quantification. Born on July 31, 1990, in Kolkata, India, Modi has carved a significant niche in the cybersecurity domain with his innovative approach to digital risk management. He is recognized for his contribution to enhancing cybersecurity standards globally by offering organizations a unique platform that quantifies and mitigates cyber risks in real-time. Among his accolades, Modi has been listed in Forbes' 30 Under 30 and Fortune's 40 Under 40.

Recent Developments

Over the past few years, Saket Modi and SAFE Security have been at the forefront of several noteworthy advancements:

  • August 2025: SAFE Security raised $70 million in Series C funding, led by Avataar Ventures. The funding aims to expand its presence in the cyber risk management market and develop Agentic AI-native reasoning models towards achieving CyberAGI.
  • July 31, 2025: Saket Modi announced a fivefold growth in SAFE's annual recurring revenue since its Series B funding round in April 2023.
  • 2024: SAFE launched the world’s first fully autonomous Continuous Threat Exposure Management (CTEM) solution, marking a significant leap in cybersecurity risk management.
  • March 2024: SAFE Security, in collaboration with Cisco, aimed to redefine risk management with new product integrations.
  • 2024: SAFE Security expanded its capabilities with the strategic acquisition of RiskLens, enhancing its third-party risk management solutions.
  • 2023-2024: The company experienced a consistent 200% year-over-year annual recurring revenue growth.

Personal Information

AttributeInformation
Full NameSaket Modi
BornJuly 31, 1990, Kolkata, India
NationalityIndian
OccupationCo-Founder and CEO, SAFE Security
Known ForCybersecurity Entrepreneurship
Net WorthNot publicly disclosed
EducationLNM Institute of Information Technology, Jaipur

Early Life and Education

Saket Modi was born and raised in Kolkata, India. From a young age, he showed an interest in technology, which would lay the foundation for his future career. He pursued his bachelor's degree in Computer Science at the LNM Institute of Information Technology, Jaipur, where he graduated in 2012.

During his academic years, Modi was actively involved in workshops about ethical hacking, which he conducted in various renowned institutions across India. It was during this time that his passion for cybersecurity was ignited, leading him to consider it as a professional venture. His early exposure to the field helped shape his vision of proactive cybersecurity measures, which he later implemented through his company.

Career and Notable Achievements

Saket Modi's career began with the founding of SAFE Security (formerly Lucideus) in 2012 while he was still completing his education. The company was initially incubated at IIT Bombay and soon gained prominence for its innovative cybersecurity solutions.

  • Founding: Co-founded SAFE Security in 2012 alongside Viditkumar Baxi and Rahul Tyagi.
  • 2018: Secured $5 million in funding led by Cisco’s former CEO, John Chambers.
  • Recognition: Honored in several prestigious lists such as Forbes 30 Under 30 and Fortune 40 Under 40.
  • Growth: Under Modi’s leadership, SAFE Security saw significant growth and positioned itself as a leader in Cybersecurity Risk Quantification.

Current Work and Impact

Saket Modi currently serves as the CEO of SAFE Security, focusing on pioneering advancements in cybersecurity risk management. His company's platforms empower organizations to understand and mitigate cyber risks, bridging the gap between IT and business decision-makers.

SAFE Security's influence extends across multiple industries, protecting the digital infrastructure of Fortune 500 companies globally. The company's innovative approach, particularly through its AI-driven solutions, has set a benchmark in the cybersecurity field.

Conclusion

Saket Modi's impact on the field of cybersecurity is both profound and enduring. Through SAFE Security, he continues to influence the sector by providing cutting-edge solutions that facilitate a deeper understanding of digital risks. His work not only helps organizations protect their digital assets but also fosters a culture of proactive cybersecurity measures.

As the digital landscape continues to evolve, Modi's vision empowers organizations worldwide to adapt and fortify their defenses, ensuring a safer digital future for all stakeholders. His dedication to this cause guarantees that his legacy will be remembered as a transformative force in cybersecurity.

References

  1. Forbes Technology Council
  2. Wikipedia - Saket Modi
  3. BW Disrupt - Safe Security
  4. Indian Startup News
  5. Safe Security - About Us