UpGuard raises $105m Series C led by Springcoast Capital Partners
Hobart-based cybersecurity firm UpGuard secured USD75m Series C funding led by Springcoast Capital, with existing investors participating, to expand its risk platform.
Venture capital fund · 3 deals
Every published round August Capital took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| UpGuard | Series B | 23 Dec 2021 | $25m | Participant | SmartCompany (Fri 27 Feb 2026), Startup Daily (Thu 26 Feb 2026), rswebsols.com, Square Peg Capital, Aura Group portfolio, SmartCompany (Wed 9 Jun 2021), Startup Daily (Tue 8 Jun 2021) | |
| UpGuard | Series C | 26 Feb 2026 | $75m | Participant | PR Newswire, finsmes.com, thesaasnews.com, upguard.com | |
| UpGuard | Series C | 4 Aug 2026 | $105m | Participant | Forbes Australia (Tue 4 Aug 2026), SmartCompany (Tue 28 Apr 2026), SmartCompany (Fri 27 Feb 2026), ontargetish.com, Startup Daily, Forbes Australia (Thu 26 Feb 2026), Dealroom, rswebsols.com, Square Peg Capital portfolio |
Companies August Capital has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| UpGuard | 23 Dec 2021, Series B | 3 | 0 |
Fund closes reported for August Capital, as distinct from the investments it has made.
Companies August Capital has backed that another company then bought. An exit for the holding, not a deal August Capital did.
Stories naming August Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Hobart-based cybersecurity firm UpGuard secured USD75m Series C funding led by Springcoast Capital, with existing investors participating, to expand its risk platform.
Weekly roundup covering UpGuard's $105 million Series C and EatClub's $27 million Series B, plus earlier funding history for both Australian companies.
Hobart cybersecurity company UpGuard has landed US$75 million in Series C backing led by Springcoast Capital, with the article also recalling earlier Startmate and Firemark Ventures rounds.
Also Dealroom·Forbes Australia·Startup Daily·SmartCompany·ontargetish.com·SmartCompany·Forbes Australia
Cybersecurity firm UpGuard has announced a $75 million Series C round led by Springcoast Partners, with existing backers joining, to fund product development, global expansion and acquisitions.
Weekly funding roundup: UpGuard raises $25m, Tanggram $5m, Endua launches with $5m, Cubiko $1.7m, The Village Co $1.2m, Tribu $1.25m, SmartOysters and BatNav crowdfund, Chipper Cash closes US$100m, and Main Sequence's fund closed.