Egerie Software

About Egerie Software

Egerie Software operates as a European software editor focused on cyber risk management. The company was formally established in 2016 by co-founders Jean Larroumets, who serves as CEO, and Pierre Oger, the Managing Director. Their journey began in the early 2000s when they founded a cybersecurity consulting firm. Through their extensive experience advising large corporations and government bodies on cyber risk, they identified a market need and developed a software tool for their own consulting purposes. The tool's success with clients prompted the creation of Egerie as a dedicated software entity.

The company's core offering is an integrated, collaborative platform for Governance, Risk, and Compliance (GRC) that enables organizations to manage their cybersecurity programs. Egerie serves a clientele of over 300 large enterprises and public sector organizations across 90 countries, including prominent names like Veolia, Orange, and Accenture. Its business model is based on a Software-as-a-Service (SaaS) subscription, providing clients with ongoing access to the platform and its updates.

The platform's main function is to provide a centralized, 360-degree view of an organization's cybersecurity posture. A key feature is its ability to create a "digital twin" of a company's information assets and processes, allowing for the modeling of interdependencies between assets, threats, and controls. This enables both qualitative and quantitative risk assessments. A unique selling point is the proprietary risk model, referred to as "the equation," which has been refined over a decade to quantify the financial and operational impacts of specific cyber vulnerabilities on business processes. The platform helps users identify and prioritize high-risk threats, measure the return on investment of mitigation efforts, and generate compliance reports for regulations like NIS 2 and DORA. It offers distinct modules such as 'Risk Manager' for risk mapping and 'Privacy Manager' for data protection officers. In January 2023, Egerie secured €30 million in a funding round from investors including Tikehau Capital, Open CNP, Banque des Territoires, and TIIN Capital to fuel its European expansion and further develop its technology.