CyberVadis provides enterprises with a scalable third-party cyber risk management platform that performs evidence-based cybersecurity and data privacy assessments for a fixed annual fee. Its methodology maps international compliance standards including NIST, ISO 27001, GDPR and other privacy and security laws to produce standardized cybersecurity ratings and detailed improvement plans. Customers can share standardized ratings and collaborate with third parties on implementing better practices via the platform. The company has assessed the cybersecurity and data privacy maturity of thousands of third parties across 96 countries. Led by CEO Edouard Lacarrière and based in Paris, CyberVadis raised €7M in a Series A to hire talent, expand its team to serve new clients beyond traditional markets, accelerate innovation and continue enhancing its platform. Board changes include Uli Beckman of lead investor Zobito AB joining the board alongside EcoVadis’ co-founders and existing investors CVC Growth Partners and Partech.

Total raised

$8M

Funding rounds

1

Latest round

Series A

Latest activity

May 2023