Federacy, a member of the Y Combinator Summer 2018 class, has a mission to make bug bounty programs available to even the smallest startup.
Traditionally, bug bounty programs from players like BugCrowd and HackerOne have been geared toward larger organizations. While these certainly have their place, founders William and James Sulinski, who happen to be twins, felt there was a gap in the marketplace, where smaller organizations were being left out of what they considered to be a crucial service. They wanted to make bug bounty programs and the ability to connect without outside researchers much more accessible, so they built Federacy.
“We think that we can make the biggest impact by making the platform free to set up and incredibly simple for even the most resource-strapped startup to extract value. In doing so, we want to expand bug bounties from probably a few hundred companies currently — across BugCrowd, HackerOne, etc. — to a million or more in the long run,” William Sulinski told TechCrunch.
That’s an ambitious long-term goal, but for now, they are just getting started. In fact, the brothers only began building the platform when they arrived at Y Combinator a couple of months ago.