# ResponSight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/responsight-pty

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.responsight.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Dec 22, 2017)
- Investors on record: 6

## About

ResponSight Pty Ltd specializes in endpoint data collection solutions, offering advanced analytics capabilities through its Corvum platform. The company facilitates data management and processing, particularly for the cybersecurity and risk management sectors.Founded in 2015 and headquartered in Melbourne, Australia, ResponSight Pty Ltd provides innovative data solutions for enterprises. The company has successfully completed three funding rounds, raising a total of AUD 1.975 mn. The latest funding round, a Seed round, occurred on December 22, 2017, led by Carthona Capital and supported by investors including Artesian, Frenia Pty Ltd, and Local Ventures Pty Ltd. Jeff Paine serves as the CEO, bringing relevant industry experience to the firm.ResponSight's primary offering is the Corvum platform, a versatile endpoint data collection solution designed for cloud data ingestion, management, and processing. This platform incorporates advanced analytics and data science capabilities, making it particularly suitable for integration with various cyber and risk management platforms. It serves a broad spectrum of use cases, including incident response and forensic investigations, where behavioral analytics are essential. ResponSight's technology targets enterprises operating within the cybersecurity and risk sectors, aiming to enhance their data collection and analytical capabilities across diverse applications. The company has positioned its products for markets in North America, Europe, and Asia, catering to a range of clients from managed security service providers to organizations in need of robust risk analytics.ResponSight's revenue model is primarily centered around its Corvum platform, which is offered through structured transactions such as subscriptions and partnerships with enterprises. These transactions typically involve clients paying recurring fees for access to the platform’s capabilities, enabling organizations to enhance their cybersecurity measures while minimizing risks. The company’s revenue streams primarily originate from B2B engagements, where businesses directly utilize the platform for incident response and data analytics. While specific pricing details are not disclosed, the platform's flagship offerings are designed to accommodate varying client needs, potentially offering tiered pricing structures to appeal to different segments within the market.Following the most recent Seed funding round in December 2017, where ResponSight raised AUD 1.98 mn, the company plans to invest in the development of new products and expand its market presence in North America, Europe, and Asia. The funds raised will support the launch of enhanced features within the Corvum platform, aimed at addressing evolving cybersecurity needs. The company aims to broaden its clientele and establish partnerships with more managed security service providers through targeted outreach efforts in the coming years.

## Funding rounds

- Seed, Dec 22, 2017, $1.5M — Artesian, Carthona Capital, Frenia Pty Ltd, Local Ventures Pty Ltd
- Seed, Jul 7, 2016, $0.9M — Artesian, Carthona Capital, Black Sheep Capital, Yakisoba Capital Pty Ltd, Local Ventures Pty Ltd

## Investors

- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- Carthona Capital (https://capitalatlas.ai/funds/carthona-capital) — Seed
- Black Sheep Capital (https://capitalatlas.ai/funds/black-sheep-capital) — Seed
- Yakisoba Capital Pty Ltd — Seed
- Local Ventures Pty Ltd — Seed
- Frenia Pty Ltd — Seed