# Ostendio

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

- Industry: IT Security/Cybersecurity
- Headquarters: Arlington, US
- Website: www.ostendio.com
- Latest round: Series A (Jun 15, 2021)
- Investors on record: 3

## About

Ostendio, Inc. is a US-based company that specializes in providing an integrated security and risk management platform, designed to enhance compliance and security protocols for organizations across diverse sectors.Founded in 2013 in Arlington, US, Ostendio, Inc. focuses on developing solutions for security and compliance management. The company has garnered attention with its unique offerings and has successfully raised funding to enhance its product capabilities. The CEO is Grant E, and Joe Breen also plays a significant role in its leadership. The company has completed 2 deals as of June 2021, marking its growth trajectory.Ostendio offers an integrated security and risk management platform designed to streamline compliance and enhance security protocols for organizations across various sectors. Its core product assists businesses in building customized security programs by integrating and managing assets, documents, and risks while mapping controls to over 300 recognized security frameworks such as SOC 2, HITRUST, and ISO 27001. The platform aims to eliminate inefficiencies in evidence collection and task execution, thereby improving operational efficiency for managed service providers (MSPs) and their clients. Ostendio’s offerings cater to a diverse clientele, including MSPs and organizations seeking to demonstrate compliance and risk mitigation to regulators and partners. Its services are available in various geographical markets, focusing on industries that require stringent security and compliance measures, including healthcare, finance, and technology.Ostendio generates revenue primarily through subscription-based models, providing clients access to its suite of risk management tools and compliance solutions. The structure of these transactions typically involves businesses subscribing to the platform for a specified term, which includes features such as automated compliance workflows and access to built-in policies and templates. Clients benefit from a comprehensive solution that simplifies audit preparation and enhances security processes, potentially resulting in increased operational margins and recurring revenue streams for MSPs. Pricing plans are tailored to the needs of organizations, encompassing various tiers of service that align with the scale and complexity of the client’s security requirements.In June 2021, Ostendio, Inc. raised an undisclosed amount of Series A funding led by new investor Osage Venture Partners, with participation from returning investors Blu Venture Investors and CIT GAP Funds. The investment will be used to support the company's product development and customer support, as well as to expand its MyVCM Trust Network. The company plans to enhance its platform with new product features that are currently being designed, further aiming to penetrate new markets and regions by leveraging its expanded capabilities in the near future.

## Funding rounds

- Series A, Jun 15, 2021 — Virginia Venture Partners, Blu Venture Investors, Osage Venture Partners

## Investors

- Virginia Venture Partners (https://capitalatlas.ai/funds/virginia-venture-partners) — Series A
- Blu Venture Investors (https://capitalatlas.ai/funds/blu-venture-investors) — Series A
- Osage Venture Partners (https://capitalatlas.ai/funds/osage-venture-partners) — Series A