Hoop Analysis: $5M Raised
What is Hoop?
Hoop provides AI-driven secure access to databases and servers, eliminating the need for VPNs, credential sharing, or access tickets.
Product Features & Capabilities
- AI-powered privileged access to databases and servers, secure access without managing VPNs, break-glass access management, just-in-time reviews, complete audit trails, infrastructure automation, developer-first experience, automated security compliance, AI-powered developer tools, real-time data pro
Pricing
- Free Plan:
- GitOps Runbooks
- Passwordless Access
- Session recording
- Just In Time Access Requests
- Role-Based Access Controls (RBAC)
- Slack & MS Teams Access Requests
- Community Support
- User Limit: 20 (Fully-managed SaaS), 100 (Self-managed Docker), 500 (Self-managed
How much Hoop raised
Seed - $5M
June 5, 2024Lead Investor: Index Ventures, Origin Ventures, Divergent Capital, Chingona Ventures, and several angel investors including members of the early Trello leadership team, Wade Foster (CEO of Zapier), Job van der Voort (CEO of
Who are the founders of Hoop
AR
Andrios Robert
Founder
Market Focus
Hoop primarily focuses on the cybersecurity industry, specifically providing AI-powered solutions for secure access to databases and servers without the need for traditional methods like VPNs or credential sharing.
Competitors Overview
The main competitors of Hoop in the market for AI-powered privileged access solutions include:
- CyberArk:
- Advantages: CyberArk is known for its comprehensive security features, including credential management, session isolation, and real-time monitoring. It offers robust security pro
Investors
- Chingona Ventures
- Index Ventures
- BGF
- Edge
- 3 other investors (specific names not disclosed)
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