Riot started with simulated phishing campaigns to educate employees and expanded into broader employee security education, including a friendly security chatbot called Albert available on Slack and Microsoft Teams. The company is evolving its product suite toward an Employee Security Posture Management platform that analyzes employee security, assigns a "karma score," and nudges users to enable protections like multifactor authentication. Riot currently interacts with one million employees across 1,500 companies and counts clients such as L’Occitane, Deel, Intercom and Le Monde. It reported $10 million in annual revenue in 2024 and has grown from about 100,000 employees a few years ago. Future plans include adding consumer-like product features, gamification, and potentially other tools in the employee security stack. The company also intends to open new offices in other countries and use funding to accelerate product development and customer growth. Riot began with fake-phishing campaigns and has expanded into an all-in-one cybersecurity awareness product that delivers customized, interactive training through a chatbot called Albert on Slack, Microsoft Teams and the web. Courses adapt dynamically to each employee’s knowledge and activities, and admins can track team progress and compliance. The product nudges users to adopt security best practices such as enabling two-factor authentication and tightening privacy settings to reduce social-engineering risk. Riot says it reaches 100,000 employees across customers including Y Combinator, Deel, Intercom and Le Monde. The startup recently surpassed $2 million in annual recurring revenue. Riot is preparing to embed large language models and speech technologies to create more sophisticated, free-form training and simulated attacks.

Total raised

$42M

Funding rounds

2

Latest round

Series B

Latest activity

Feb 2025