What is CybSafe?
Founded in 2015 and headquartered in London, CybSafe specializes in enhancing cybersecurity posture by focusing on the human element. The platform utilizes sophisticated data analytics and artificial intelligence to measure and improve cybersecurity awareness, behavior, and culture within organizations. By applying principles of behavioral science, CybSafe aims to proactively manage people-related security risks, thereby reducing the likelihood of costly human errors. This unique focus positions CybSafe as a key player in the evolving landscape of cyber defense, where technology alone is insufficient without addressing the human factor.
How much funding has CybSafe raised?
CybSafe has raised a total of $35.9M across 2 funding rounds:
Series A
$7.9M
Series B
$28M
Series A (2021): $7.9M with participation from IQ Capital
Series B (2022): $28M led by Hannover Digital Investments, Emerald Development Managers, IQ Capital, and Evolution Equity Partners
Key Investors in CybSafe
Hannover Digital Investments
Hannover Digital Investments is an entity focused on strategic investments within the digital sector, likely supporting companies with innovative technologies and scalable business models.
Emerald Development Managers
Emerald Development Managers is a venture capital firm that invests in exceptional scientific and engineering teams focused on solving real-world problems, specializing in sectors such as life sciences, enterprise software, cybersecurity, industrial technology, and sustainability.
IQ Capital
IQ Capital is a venture capital firm investing in 'deep-tech' across sectors including machine learning, AI, robotics, and advanced engineering and materials, and data-focused propositions based on disruptive algorithms.
What's next for CybSafe?
With the recent major strategic investment, CybSafe is poised for accelerated growth and further innovation. The substantial backing suggests a strategic focus on scaling its operations, expanding its market reach, and potentially enhancing its AI and data analytics capabilities. This infusion of capital will likely enable CybSafe to further develop its platform, strengthen its competitive position against emerging threats, and solidify its role in helping enterprises build a more resilient cybersecurity culture. The company's trajectory indicates a strong potential for market leadership in the human-centric cybersecurity solutions space.
See full CybSafe company page
