Axio

Axio presents a cybersecurity management platform tailored to IT environments, enabling businesses to evaluate the risk within their cybersecurity programs and test the efficacy of their insurance policies. What sets the company apart from similar solutions is its focus on quantifying risk in financial terms, facilitating clear communication of findings between cybersecurity managers, their c-suite, and board members.

Despite competition from other cybersecurity risk assessment platforms, Axzio distinguishes itself by automating the quantification of risk data. Through this innovative approach, the company aims to expedite the generation of comprehensible cyber risk insights, allowing cybersecurity managers to proactively mitigate financial risks for their organizations. This strategy is paying off, with Axio securing over $26M in funding as of 2023.