Category Visionaries Pukar Hamal, CEO and Founder of SecurityPal: $21 Million Raised to Power the Future of Customer Assurance
Jan 4, 2024
29:39
Welcome to another episode of Category Visionaries — the show that explores GTM stories from tech's most innovative B2B founders. In today's episode, we're speaking with Pukar Hamal, CEO & Founder of SecurityPal, a security reviews platform that's raised $21 Million in funding.
Here are the most interesting points from our conversation:
- Addressing a Critical Pain Point: SecurityPal was born out of Pukar's firsthand experience with the frustrations of completing extensive security questionnaires during crucial sales cycles, highlighting a significant barrier to closing deals.
- Complexity in Security Reviews: Security reviews are becoming more complicated, involving not just questionnaires but also interviews, evidence submissions, and policy reviews, reflecting the increasing demand for thorough security compliance.
- Category Creation - Customer Assurance: Pukar emphasizes that SecurityPal is defining a new category called "Customer Assurance," which focuses on providing continuous assurance to clients from the first contact to the end of the relationship.
- Motivation and Mission: Pukar's deep commitment to building SecurityPal over the next 30-40 years stems from his desire to bring Silicon Valley's innovations to Nepal and help establish "Silicon Peaks" in Kathmandu.
- Focus on Customers: Pukar believes that focusing relentlessly on customers is the key to success, enabling better fundraising, attracting top talent, and driving overall growth and satisfaction.
- Unique Market Positioning: Despite the noise in the security space, SecurityPal stands out by building a dedicated team in Nepal and focusing on thoughtful growth rather than relying on growth hacks or shortcuts.
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