Since its founding in 2021, Grip Security has been on an extraordinary growth trajectory. Over the past year alone, bookings have surged by over 400%, indicating strong market demand and customer trust.
Notably, Grip Security boasts an impressive client roster, including multiple Fortune 500 companies. To support the company’s skyrocketing success, the workforce has nearly tripled. Grip Security’s rapid growth positions it as a formidable player in the cybersecurity industry.
The investment helps Grip Security accelerate its channel-led growth strategy and has already spurred partner interest and sales pipelines that have exceeded expectations, setting the company up to overachieve its financial goals. TSG has a demonstrated history of investing in disruptive, category-creating companies and helping them accelerate revenue growth. Driven largely by growth in the channel, Grip Security expects to triple its bookings from the previous fiscal year.
TSG is introducing Grip Security to its ecosystem of more than 450 leading channel partner companies and more than 7,500 TSG members to accelerate the company’s growth strategy. The introductions have received enormous partnering activity and investment interest as many of its members are investors in the TSG funds. Startups introduced to the network can accelerate their go-to-market efforts by connecting with relevant channel partners and investors, and by capturing mindshare and focus all the way through exit. TSG channel partner companies and members benefit by staying ahead of emerging tech trends, gaining early access to great resale relationships and sharing in the value-growth upside of the greatest enterprise tech companies through private, pre-IPO investments.
