# CyberSmart

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

- Industry: IT Security/Cybersecurity
- Headquarters: London, UK
- Website: www.cybersmart.co.uk
- Total disclosed funding: $25M
- Latest round: Series B (Dec 30, 2022)
- Investors on record: 8

## About

CyberSmart Ltd., based in London, UK, is a cybersecurity firm focused on enhancing cyber resilience for small to medium-sized enterprises (SMEs) through innovative solutions and compliance frameworks.Founded in 2016 in London, UK, CyberSmart Ltd. specializes in cybersecurity solutions tailored for SMEs. The company has undergone notable developments, including raising GBP 12.70 million in SERIES B funding on December 30, 2022. Jamie Akhtar and Mariella Al-Basha lead the company, with Akhtar previously involved in other ventures. As of now, CyberSmart has completed a total of 4 funding deals, with the latest funding round contributing to a total amount raised of GBP 12.70 million and a current company valuation of GBP 37.295 million.CyberSmart offers a suite of cybersecurity solutions designed for small to medium-sized enterprises (SMEs). Key offerings include Cyber Essentials and Cyber Essentials Plus certifications, which establish compliance frameworks and strengthen security. Their platform features tools for continuous cybersecurity monitoring, vulnerability management, and employee training, helping organizations manage cyber threats effectively. CyberSmart's client portfolio spans various sectors, including professional services and manufacturing, with a reach that extends internationally.CyberSmart operates on a subscription-based revenue model, allowing clients to access their cybersecurity platform and services through annual subscriptions. This model serves businesses seeking to enhance their cybersecurity frameworks, particularly through flagship offerings such as the Cyber Essentials certification. The company's transaction structure is primarily B2B, aligning with the needs of SMEs. While specific pricing details are not disclosed, the focus on structured service delivery facilitates ongoing revenue through client renewals and additional certifications.Following the recent SERIES B funding round of GBP 12.70 million led by Oxx, CyberSmart plans to utilize these funds to further develop its offerings and expand its market internationally. The company aims to enhance its product lineup and explore new geographic markets, although specific details regarding new product launches or target regions have not been disclosed. The funding is intended to support these strategic growth initiatives.

## Funding rounds

- Series B, Dec 30, 2022, $15M — Winton Capital, Legal & General Investment Management, British Business Bank, Seedcamp, IQ Capital, Eos Ventures, Oxx, Solano Partners
- Series A, Jun 23, 2021, $3.6M — Winton Capital, IQ Capital, Eos Ventures
- Series A, Jul 10, 2020, $5.8M — IQ Capital

## Investors

- IQ Capital (https://capitalatlas.ai/funds/iq-capital) — Series A, Series B
- Winton Capital (https://capitalatlas.ai/funds/winton-capital) — Series A, Series B
- Eos Ventures (https://capitalatlas.ai/funds/eos-ventures) — Series A, Series B
- Legal & General Investment Management (https://capitalatlas.ai/funds/legal-general-investment-management) — Series B
- British Business Bank (https://capitalatlas.ai/funds/british-business-bank) — Series B
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Series B
- Oxx (https://capitalatlas.ai/funds/oxx) — Series B
- Solano Partners — Series B