Cyber Insight is a Germany-based startup founded in 2022 that aims to revolutionize the IT security and regulatory markets. The company provides an accessible SaaS solution that enables law firms, IT service providers, management consultants, insurance companies, and their clients to identify, manage, and mitigate cyber risks. Cyber attacks cause a total annual damage of 223 billion euros in the German economy, with 88% of companies being affected. The platform helps customers to increase compliance by providing automated security assessments and suggestions for concrete measures, derived from a multifactorial risk model that takes into account individual vulnerabilities and exogenous factors. With its focus on AI and Cyber Security, Cyber Insight addresses a critical and growing market. The last investment, a Seed Round investment at 04 April 2023, was secured from TGFS - Technologiegründerfonds Sachsen. Through its innovative approach, the company's goal is to make cyber risks and regulatory compliance measurable and accessible to companies that were previously exposed to high risk due to insufficient capitalization or lack of know-how. With the increasing importance of cybersecurity and compliance, Cyber Insight's solution holds potential for significant impact and growth in the market.
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