BreachBits Secures $3.2M in Seed Funding to Revolutionize Cyber Risk Transparency and Analysis

BreachBits, the world's most accurate cyber risk rating platform, is thrilled to announce a successful funding round that raised $3,200,000. This milestone investment underlines the market’s confidence in BreachBits' innovative approach to cyber risk analysis and strengthens its mission to deliver world-class cyber risk insights continuously and at scale. Powered by the proprietary BreachRisk™ Cyber Risk Radar, our platform stands out for its scalable, powerful, automated cyber risk analysis and testing, ensuring that the organizations you care about are evaluated with unparalleled precision. Developed by U.S. cyber warfare veterans, our technology takes an attacker's perspective, rigorously assessing vulnerabilities so decision-makers can understand and mitigate risks more effectively. With realistic, rigorous, and scalable scoring, our platform is trusted widely for essential functions such as M&A cyber due diligence, insurance underwriting, and managing cyber risk across vendors, subsidiaries, portfolios, and extended enterprises. The secured funding will accelerate several key initiatives at BreachBits. Investment will bolster our research and development efforts, allowing us to further refine our cyber risk radar and enhance its predictive capabilities. It will also expand our reach, enabling us to provide even more agile and intuitive solutions to a growing global client base. By deepening our commitment to transparency in risk management, we are taking concrete steps to strengthen the body of knowledge that empowers businesses to make safer, smarter cybersecurity decisions in real time. True to our mantra – "We are the hacker’s perspective" – BreachBits remains dedicated to innovating and disrupting the cyber risk landscape, ensuring that when it comes to understanding cyber threats, our clients always have the best tools at their fingertips.