[14] Bugcrowd announced Series D funding in April 2020 of $30 million led by previous investor Rally Ventures.

Originally a private, invite-only program, it was later opened to the public, with rewards varying between $100 and $5000 depending on the bug.

[21][22] In 2020, ExpressVPN worked with Bugcrowd, awarding $100 to $2500 depending on the severity of the vulnerabilities that were found, with 21 critical findings identified.

[24][25] In 2018, Bugcrowd and CipherLaw's Open Source Vulnerability Disclosure Framework, together with the #LegalBugBounty project, created the open-source project disclose.io, which aims to create an open-source standard for bug bounties and vulnerability disclosures to help hackers and organizations work together to make the Internet safer.

[26][27] The company also runs Bugcrowd University, which provides educational resources to help the public learn how to code, find bugs in security systems and patch them.