CyberGRX is a TPRM (Third-Party Risk Management) platform designed to optimize the process of identifying, measuring, and prioritizing third-party cyber risks to enable effective planning. The company, founded in 2015 and headquartered in the United States, offers a solution to the challenge of time-consuming assessments. With a library of 14,000 attested assessments and 250,000 company profiles, CyberGRX provides predictive risk insights and threat intelligence, allowing for immediate initial vendor decisions. The recent Series D investment of $40.00M in December 10, 2019 was led by prominent investors including Bessemer Venture Partners, Ten Eleven Ventures, Blackstone Group, GV, MassMutual Ventures, Scale Venture Partners, ClearSky, Iconiq Growth, and AllegisCyber. With a focus on Analytics, Big Data, Cyber Security, Enterprise Software, and Information Technology industries, CyberGRX aims to revolutionize third-party risk management processes, providing a more efficient and proactive approach to cybersecurity. For companies seeking to enhance their risk management programs, CyberGRX offers a comprehensive solution to uncover vulnerabilities and achieve greater efficiency.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series D | $40.00M | 9 | AllegisCyber | 10 Dec 2019 |
Venture Round | Unknown | 1 | 22 Nov 2019 | |
Venture Round | Unknown | 1 | 03 Jun 2019 | |
Series C | $30.00M | 9 | AllegisCyber, Aetna Ventures | 28 Nov 2018 |
Series B | $20.00M | 8 | ClearSky Medical Diagnostics, AllegisCyber +1 | 18 Apr 2017 |
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