# CybSafe

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

- Industry: Software
- Headquarters: London, UK
- Website: www.cybsafe.com
- Total disclosed funding: $36M
- Latest round: Series B (Jun 6, 2022)
- Investors on record: 5

## About

Based in London, UK, and founded in 2017 by former UK Special Forces Lieutenant Colonel Oz Alashe MBE, CybSafe Limited operates as a developer of a behavioral security software for organizations to manage human cyber risk. The company's cloud-based platform provides intelligent content, virtual cyber assistance, scientifically-proven behavior change, targeted GCHQ-accredited learning, and personalized interventions, enabling clients to demonstrably address cyber awareness and meet their compliance requirements. The team includes former U.K. government cybersecurity specialists, behavioral scientists, data scientists, and software engineers. In January 2021, the company raised GBP 5.6 million in series A funding round led by IQ Capital, with participation from Hanover Digital Investments (HDI) GmbH and B8 Ventures.

CybSafe is a SaaS product with a per-user-based, subscription licensing model that manages people-related security risks, using behavioral science and data analytics by delivering personalized cyber support for users. The company already has 350 clients in 15 countries, including Credit Suisse, Air Canada, HSBC, and NHS Trusts. CybSafe is delivered via a mobile application or within a browser, showing “bite-sized” guidance, alerts, and notifications. The company's competitors include KnowBe4, Wombat Security, and Infosec.

The Series A funding round will be used to enhance the go-to-market capability, deepen technology and research capability, and further disrupt the industry’s approach to managing human risk.

## Funding rounds

- Series B, Jun 6, 2022, $28M — IQ Capital, Evolution Equity Partners, Emerald Development Managers, Hannover Digital Investments GmbH
- Series A, Dec 30, 2020, $7.5M — IQ Capital, Hannover Digital Investments GmbH, B8 Ventures

## Investors

- IQ Capital (https://capitalatlas.ai/funds/iq-capital) — Series A, Series B
- Hannover Digital Investments GmbH — Series A, Series B
- B8 Ventures (https://capitalatlas.ai/funds/b8-ventures) — Series A
- Evolution Equity Partners (https://capitalatlas.ai/funds/evolution-equity-partners) — Series B
- Emerald Development Managers (https://capitalatlas.ai/funds/emerald-development-managers) — Series B