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Bugbounter logo — Blockchain enabled bug bounty programs to discover cybersecu...

Bugbounter

Blockchain enabled bug bounty programs to discover cybersecurity vulnerabilities

Founded 2020 Estonia Estonia 26 employees Seed Total: $450.00K Blockchain, Cyber Security +1

General Information

Company Name Bugbounter
Founded Year 2020
Location Estonia Estonia
Employees 26
Industries Blockchain, Cyber Security, Insurtech
Funding Stage Seed
Business Model B2B, Platform, Marketplace
Revenue Model Performance Based, Subscription, Commission
Social

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About Bugbounter

Bugbounter, founded in 2020 and headquartered in Estonia, operates as a blockchain-enabled crowdsourced security platform. Specializing in Cyber Security and Insurtech, Bugbounter connects freelance security researchers with corporations to uncover cybersecurity vulnerabilities through innovative bug bounty programs.

Bugbounter’s unique approach leverages blockchain technology to ensure transparency, democracy, and security in its operations, making it a reliable choice for continuous software testing. This platform outperforms traditional penetration testing by rewarding only verified successful exploits, enhancing cost-effectiveness and speed.

In its last fundraising round on 01 December 2021, Bugbounter secured a €300.00K seed investment. With a focus on building a secure ecosystem, the company provides significant opportunities for security researchers to earn rewards and enhance their reputations through a vetting process.

Business keywords: Bug Bounty Programs, Crowdsourced Security, Freelance Security Researchers, Cybersecurity Vulnerabilities, Agile Security Testing, Vulnerability Disclosure, Responsible Disclosure, Penetration Testing, Ethical Hacking, Bug Hunting, Coordinated Vulnerability Disclosure, Security Testing, Rewards-Based Collaboration, Transparent Security Ecosystem

Services & Products

Bug Bounty
Red Team Operations
Penetration Testing
Vulnerability Disclosure Program (VDP)

Target Customers

Information Security Officers Engineering Teams Development Teams Finance & Insurance Companies Retail & E-commerce Businesses Tech & Software Firms Healthcare & Pharma Organizations Manufacturing & Transportation Companies SaaS Companies Mobile App Developers

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed €300.00K -
01 Dec 2021
Seed $150.00K -
01 Dec 2020

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FAQ About Bugbounter

Blockchain enabled bug bounty programs to discover cybersecurity vulnerabilities
Bugbounter was founded in 2020.
Bugbounter is headquartered in Estonia.
Bugbounter operates in Blockchain, Cyber Security and Insurtech. Its work centres on Bug Bounty Programs, Crowdsourced Security, Freelance Security Researchers and Cybersecurity Vulnerabilities. Its customers include Information Security Officers, Engineering Teams and Development Teams.
Bugbounter has a B2B, Platform and Marketplace business model. Its revenue comes from Performance Based, Subscription and Commission.
Bugbounter has approximately 26 employees.
Bugbounter has completed 2 funding rounds, raising a total of $450.00K. The latest funding stage is Seed.
Bugbounter offers: Bug Bounty, Red Team Operations, Penetration Testing, Vulnerability Disclosure Program (VDP).
Top alternatives and competitors to Bugbounter include Coinspect Security, Sayfer Cyber Security, Regulativ. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Bugbounter and Coinspect Security are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Bugbounter, https://bouncewatch.com/company/bugbounter, updated 17 April 2026. When citing, please name BounceWatch and link this page.

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