RiskRecon

IT Security/CybersecuritySeries BSalt Lake City, USriskrecon.com

Latest round

Series B

Last raised

Aug 2018

Total raised

$40M

Investors

4

About RiskRecon

RiskRecon Inc. provides automated risk assessments to help organizations manage cybersecurity risks, especially in third-party risk management.Founded in 2015 in Salt Lake City, US, RiskRecon specializes in delivering risk ratings solutions. The company has undergone significant growth and was acquired by MasterCard Worldwide in December 2019, with the acquisition expected to close in Q1 2020. RiskRecon's founder and team have experience in cybersecurity and technology, supporting their evolving business strategy.RiskRecon by Mastercard offers a comprehensive risk ratings solution that focuses on managing cybersecurity risks within third-party risk management (TPRM). Their main product, the RiskRecon portal, allows for automated risk assessments tailored to various risk appetites. Features include vendor risk action plans, real-time visibility into third-party partners' cyber performance, and tracking capabilities for resolving identified issues.RiskRecon generates revenue through a subscription-based model for its RiskRecon portal, granting clients access to risk ratings and assessment services. Agreements typically allow ongoing access to the platform, which features compliance indicators and advanced filtering capabilities.With the closure of the acquisition by MasterCard, RiskRecon aims to leverage its resources to enhance its product offerings and expand into new geographical markets.00 mn to bolster product development and market expansion strategies.

Who invested in RiskRecon

4 investors across 3 rounds

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Funding rounds

  1. Series B

    Aug 7, 2018

    Amount

    $25M

    Investors

    Locked

  2. Series A

    Jun 1, 2017

    Amount

    $12M

    Investors

    Locked

  3. Seed

    Apr 7, 2016

    Amount

    $3M

    Investors

    Locked

Questions about RiskRecon

Who invested in RiskRecon?

RiskRecon has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has RiskRecon raised?

RiskRecon has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did RiskRecon last raise money?

RiskRecon's most recent round on record is a Series B, in Aug 2018.

What does RiskRecon do?

RiskRecon is a it security/cybersecurity company.

Where is RiskRecon headquartered?

RiskRecon is headquartered in Salt Lake City, US.

Which VCs invest in companies like RiskRecon?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at RiskRecon's stage. Their profiles are linked below.

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