What is Cybervadis?
Cybervadis offers a managed solution designed to streamline the evaluation of hundreds of vendors through analyst-validated audits. Their platform consolidates cybersecurity insights, enabling organizations to adopt a risk-based approach to vendor management. By replacing traditional, cumbersome questionnaires with a single, shareable assessment, Cybervadis facilitates enhanced trust and supports new business development initiatives. The company's core offering addresses the critical need for efficient and effective mitigation of third-party cyber risks.
How much funding has Cybervadis raised?
Cybervadis has raised a total of $7.5M across 1 funding round:
Series A
$7.5M
Series A (2023): $7.5M with participation from Zobito and CVC
Key Investors in Cybervadis
Zobito
Zobito is a growth capital firm that specializes in investing in high-potential European enterprise software companies, employing a unique investment model that combines co-investment strategies with hands-on guidance and expert counsel.
CVC
CVC Capital Partners is a leading global private markets investment firm with a long history of investing across private equity, credit, secondaries, and infrastructure strategies, managing a diversified portfolio of assets under management.
What's next for Cybervadis?
With this substantial enterprise-level backing, Cybervadis is poised for accelerated growth and market expansion. The strategic investment will likely fuel further development of its platform, enhance its service offerings, and broaden its customer reach. The company's focus on replacing manual vendor assessments with automated, validated audits positions it to capitalize on the increasing regulatory scrutiny and corporate focus on supply chain security. Future endeavors may include expanding its analyst validation capabilities and integrating deeper risk intelligence into its core offering, solidifying its role as a key player in the cybersecurity risk assessment sector.
See full Cybervadis company page
