Cybersaint

About Cybersaint

Founded in 2016, Cybersaint is a cyber risk management firm that provides a software-as-a-service platform designed to translate the complexities of cybersecurity into financial and business-oriented terms. The company was established by George Wrenn, Padraic O'Reilly, and Scott Schlimmer in Boston, Massachusetts. Wrenn's background includes serving as the Chief Security Officer at Schneider Electric and over two decades of experience in cybersecurity, including research at the MIT Sloan School of Management. O'Reilly, a Harvard-trained economist, sought to bridge the gap between cyber metrics and business functions, leading to his role in product innovation and development at the company. This founding vision was to create a platform that treats cybersecurity as a core business function.

Cybersaint's core offering is the CyberStrong platform, which enables enterprises to automate compliance, quantify cyber risk in financial terms, and manage their overall cyber risk posture. The platform's business model is subscription-based, with different tiers of functionality—Compliance Hub, Risk Hub, and Executive Hub—allowing clients to scale their usage as their risk management programs mature. Clients range from Fortune 500 companies and managed service providers to high-growth startups across various sectors, including financial services, technology, manufacturing, and energy. Notable customers include Allstate Corp., Duke Energy Corp., and Tripadvisor Inc. The company generates revenue through these subscriptions and has established partnerships with entities like IBM Cloud, Accenture, and Google Cloud to expand its market reach.

The CyberStrong platform uses patented AI and actuarial data to automate and streamline risk management processes. Its features include Continuous Control Monitoring (CCM), which automates the scoring of technical controls, and AI-powered crosswalking to map controls across hundreds of different frameworks like NIST, ISO, and CIS. This automation can reduce manual assessment effort significantly. A key differentiator is its ability to quantify cyber risk into financial metrics using transparent models like FAIR, helping CISOs communicate the return on security investment (ROSI) and prioritize remediation projects for executive boards. The platform provides a centralized system for managing assessments and evidence, and its AI-Powered Findings Management helps prioritize threats by ingesting security telemetry and cyber loss data. To date, Cybersaint has raised a total of $24.7 million through multiple funding rounds, including a significant $21 million Series A in March 2024, to fuel market expansion and platform development.