CyberVadis

Third-party cyber security risk assessments

CyberVadis logo
101-200 employees
  • B2B
  • Security
  • SaaS
  • Cyber Security
Chaillot, Paris, France

Company mission

To empower organisations with a smarter, faster, and more reliable way to secure their ecosystem and mitigate third-party cyber threats.

-1% employee growth in 12 months

Our take

CyberVadis specialises in aiding enterprises in evaluating cybersecurity risks stemming from their third-party vendors by leveraging a methodology aligned with international compliance standards. The company has evaluated the cybersecurity and data privacy of thousands of third-party entities across 96 countries.

CyberVadis then provides companies with a standardised cybersecurity rating, thus facilitating easy sharing and comparison, coupled with a roadmap for bolstering their score and fostering collaborative efforts with clients to implement heightened security practices. Operating under a fixed annual fee structure, CyberVadis conducts a series of evidence-based assessments through its platform.

An injection of capital in 2023 shows the importance of reliable, evidence-based assessments to scale third-party cyber risk management efforts too. This funding has allowed CyberVadis to expand its team and serve new clients beyond its traditional markets. And it's also fueled innovation, allowing the company to enhance its platform further and amplify its value proposition.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Funding (1 round)

May 2023

$8.4m

SERIES A

Total funding: $8.4m

Leadership

Former Consultant and Bain & Company. Also worked at FIS in multiple roles before joining CyberVadis in 2022 as the CEO.