# Cyrisma

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

- Industry: Software
- Headquarters: Rochester, US
- Website: www.cyrisma.com
- Total disclosed funding: $7M
- Latest round: Series A (Oct 9, 2024)
- Investors on record: 5

## About

Cyrisma is a US-based company specializing in integrated cyber risk management solutions, enabling organizations to effectively identify, understand, mitigate, and manage their cybersecurity risks.Founded in 2018 in Rochester, US, Cyrisma provides a cyber risk management platform tailored for organizations such as managed service providers and K-12 institutions. The company has raised USD 7.000 mn in Series A funding led by Blueprint Equity, alongside multiple investors including Golden Ventures and Launch NY. The latest funding round occurred on October 9, 2024, and the total amount raised to date stands at USD 7.000 mn with a current valuation of USD 23.740 mn.Cyrisma offers a comprehensive cyber risk management platform with functionalities that include sensitive data discovery, vulnerability management, and dark web monitoring. The platform is designed to enhance organizations' visibility into their security posture, facilitating proactive risk management. Targeted primarily at managed service providers and educational institutions, Cyrisma's products are marketed across North America, Europe, and Asia, catering to a diverse clientele with tailored offerings that fit various cybersecurity needs.Cyrisma operates on a subscription-based revenue model, allowing businesses to access its cyber risk management platform. The service is primarily B2B, with various subscription plans that are customizable based on client needs. This flexibility in pricing and service offerings aligns with organizational budgets and security requirements, promoting user engagement and long-term partnerships through subscription renewals.Following its recent Series A funding of USD 7.000 mn raised on October 9, 2024, Cyrisma plans to leverage this capital to enhance platform development, improve customer success, and expand sales into new markets. The company aims to introduce new products designed to address evolving cybersecurity challenges while targeting strategic market expansions in North America and select regions in Europe and Asia.

## Funding rounds

- Series A, Oct 9, 2024, $7M — Golden Ventures, Launch NY, SaaS Ventures, Blueprint Equity
- Seed, May 1, 2020, $0.1M — StartFast

## Investors

- StartFast (https://capitalatlas.ai/funds/startfast) — Seed
- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Series A
- Launch NY (https://capitalatlas.ai/funds/launch-ny) — Series A
- SaaS Ventures (https://capitalatlas.ai/funds/saas-ventures) — Series A
- Blueprint Equity (https://capitalatlas.ai/funds/blueprint-equity) — Series A
