# DeNexus

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.denexus.io/
- Total disclosed funding: $31M
- Latest round: Series A (Aug 29, 2024)
- Investors on record: 5

## About

Founded in 2019 and based in Massachusetts, US, DeNexus, Inc. engages in cyber risk quantification and management that helps organizations assess, quantify, and manage cyber risks in a structured way. The company was founded by its CEO, Jose M. Seara. In August 2024, DeNexus, Inc. raised USD 17.47 million in Series A funding led by Punja Global Ventures, including AXA XL, HCS Capital Partners, and Prosegur Ventures. The Series A funding values DeNexus, Inc. at USD 34.22 million post-money.

The company’s primary platform, DeRISK, combines advanced analytics with cybersecurity frameworks such as MITRE ATT&CK, FAIR Taxonomy, NIST-CSF, and ISO 27001. DeRISK empowers CISOs, CFOs, OT facility managers, and insurers to gain visibility into cyber exposures across operational technology (OT) assets. It quantifies the financial and operational impacts of cyber threats, identifies high-risk vulnerabilities, and prioritizes mitigation efforts based on ROI and business objectives. The firm serves industries like power generation, energy distribution, manufacturing, transportation, and data center operations. DeNexus delivers risk metrics to justify cybersecurity investments, benchmark against industry peers, and optimize risk transfer strategies, including insurance. The company’s platform bridges technical and executive decision-making, providing actionable insights that align cybersecurity initiatives with financial outcomes. Additionally, the DeNexus Knowledge Center and risk management services support ongoing education and strategy development.

The organization plans to use the August 2024 funding to support its business growth and advance its products.

## Funding rounds

- Series A, Aug 29, 2024, $17M — AXA XL, HCS Capital Partners, Prosegur Ventures, Punja Global Ventures
- Seed, Dec 30, 2021, $9.1M — HCS Capital Partners, Prosegur Ventures, Vestech Partners
- Seed, Aug 1, 2021, $4.3M — HCS Capital Partners, Vestech Partners

## Investors

- HCS Capital Partners (https://capitalatlas.ai/funds/hcs-capital-partners) — Seed, Series A
- Vestech Partners (https://capitalatlas.ai/funds/vestech-partners) — Seed
- Prosegur Ventures (https://capitalatlas.ai/funds/prosegur-ventures) — Seed, Series A
- AXA XL — Series A
- Punja Global Ventures (https://capitalatlas.ai/funds/punja-global-ventures) — Series A