# BreachBits

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/breachbits

- Industry: IT Security/Cybersecurity
- Headquarters: Annapolis, US
- Website: www.breachbits.com
- Latest round: Seed (Feb 26, 2024)
- Investors on record: 2

## About

Founded in 2018 and based in Maryland, US, BreachBits, Inc., provides solutions to evaluate organizations from the attacker's perspective by removing cyber risks in the organizations. The company was founded by its CEO John Lundgren, along with COO J. Foster Davis. In February 2024, the firm raised an amount of Seed funding led by investor Blu Venture Investors, with participation from investor BlueWing Ventures.

The company offers solutions named BreachRisk that help in continuously monitoring and testing 3rd parties with its portfolios. It uses the AiPT™ predictive risk engine to provide its services. The firm solutions are BreachRisk™ Alert, BreachRisk™ Lite, and BreachRisk™ Pro. The service range includes penetration testing as a service (PtaaS), robust testing with frequent analysis, easy, push-button annual compliance reports, new cyber risk programs, and many others.

The company plans to use the February 2024 funding to grow its customer base, enhance its solutions for cyber insurance carriers, and expand its teams.

## Funding rounds

- Seed, Feb 26, 2024 — Blu Venture Investors, BlueWing Ventures

## Investors

- Blu Venture Investors (https://capitalatlas.ai/funds/blu-venture-investors) — Seed
- BlueWing Ventures (https://capitalatlas.ai/funds/bluewing-ventures) — Seed