VulnCheck, a leading provider of exploit and vulnerability intelligence, has announced record-breaking financial results driven by the rapid adoption of its real-time threat intelligence technologies. The company recently surpassed $10 million in Annual Recurring Revenue (ARR) worldwide and achieved its first $2 million-plus quarter, marking Q3 2025 as the most successful quarter in its history.

VulnCheck’s ARR growth has tripled year-over-year, reflecting its expanding market presence and the growing reliance on its intelligence data across thousands of cybersecurity platforms worldwide.

In addition to its financial success, the company has strengthened its leadership team with two key appointments: Caitlin Condon as Vice President of Security Research and Patrick Morley, former CEO of Carbon Black, joining the Board of Directors.

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As Vice President of Security Research, Condon will lead the expansion of VulnCheck’s threat and vulnerability research division. Her team has already uncovered and analyzed multiple zero-day vulnerabilities exploited by notorious threat actors such as Black Basta and Linuxsys Cryptominer, impacting vendors including Microsoft, Oracle, Citrix, Jenkins, Zyxel, and Fortra. Prior to joining VulnCheck, Condon served as Director of Vulnerability Intelligence at Rapid7.

“With attackers now exploiting vulnerabilities within hours instead of weeks or months, VulnCheck is delivering scalable intelligence that enables defenders to act faster,” said Condon. “We’re empowering customers with the visibility and early-warning insights they need to stay ahead of rapidly evolving threats.”

Morley’s appointment to the Board brings decades of cybersecurity leadership experience. During his tenure at Carbon Black, he guided the company to become a leading Endpoint Protection Platform (EPP) with over 25,000 global customers and $250 million in revenue, culminating in a $2.1 billion acquisition by VMware in 2019.

“VulnCheck is uniquely positioned to transform how organizations manage the threat of exploited vulnerabilities,” said Morley. “I’m excited to support the team in scaling its global impact and building on this remarkable growth trajectory.”

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VulnCheck’s momentum comes at a pivotal time for the cybersecurity industry. Exploited vulnerabilities disclosed on or before the day of release have increased by 23% since 2024, and incidents caused by vulnerability exploitation have tripled over the past two years. The National Vulnerability Database (NVD) is projected to surpass 40,000 new CVEs in 2025, bringing the total to over 310,000.

VulnCheck’s 2025 Milestones and Growth Highlights

  • ARR tripled from 2024 to 2025, expanding its customer base to over 50 organizations globally.
  • Global workforce grew by 126% year-to-date.
  • Maintained a 100% gross customer retention rate across key sectors.
  • Improved CVE assignment ranking from 115th to 56th out of 518 CNAs between Q2 and Q3 2025.
  • Delivered 192% more exploited vulnerability coverage than CISA’s Known Exploited Vulnerabilities (KEV) catalog, often alerting customers months or years before CISA and NVD.
  • Surpassed 12,000 registered community users of VulnCheck KEV, NVD++, and VulnCheck XDB.
  • Secured a $12 million Series A funding round led by Ten Eleven Ventures, with continued investment from Sorenson Capital and In-Q-Tel (IQT).
  • Successfully hosted the first-ever THEATCON1 conference, drawing 300+ attendees, 34 speakers, and seven sponsors.
  • Named a 2025 SINET16 Innovator, recognizing it as one of the year’s most forward-thinking cybersecurity companies.
  • Launched the VulnCheck Global Partner Program to accelerate international expansion.

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