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CyberGRX

Cybersecurity · Denver, United States · Founded 2015

Third-party cyber risk management platform for enterprises MoreLess

Founded in 2015 by Fred Kneip, CyberGRX operates as a third-party cyber risk management (TPCRM) platform. Kneip, who serves as the company's CEO, brought his experience from leading the Security and Compliance Departments at Bridgewater Associates and as an Associate Principal at McKinsey & Company to establish the firm. The Denver-based company was created to address the growing exposure to breaches originating from key vendors and partners as enterprises increasingly depend on partner ecosystems.

The core of the business is a cloud-based global risk exchange, which streamlines the process of assessing and managing third-party cyber risk. This platform provides a standardized and scalable approach, utilizing a library of validated assessments to provide a holistic view of an organization's third-party cyber risk posture. The company generates revenue through a subscription-based model, offering tiered levels of access to its suite of tools, which cater to organizations across sectors like finance, healthcare, and technology. In July 2023, CyberGRX was acquired by ProcessUnity, a move intended to combine CyberGRX's risk exchange with ProcessUnity's workflow automation capabilities.

The CyberGRX platform provides a single, validated assessment that can be shared with multiple customers, reducing redundant efforts for third parties. Its methodology identifies both inherent and residual risk by incorporating advanced analytics, threat intelligence, and real-world attack scenarios based on frameworks like the MITRE ATT&CK kill chain. A key feature is the Framework Mapper, which allows the mapping of assessments to over 20 industry standards, including NIST, ISO 27001, and PCI-DSS. The platform also offers Auto Inherent Risk (AIR) Insights for automated risk analysis based on the specific relationship with a vendor and an open API for integration with other governance, risk, and compliance (GRC) tools.

Keywords: third-party risk management, cyber risk exchange, TPRM, vendor risk management, cybersecurity assessment, supply chain security, risk intelligence, compliance management, cyber risk analytics, threat modeling, security ratings, vendor due diligence, risk mitigation, cloud security assessment, cybersecurity platform, enterprise risk management, GRC integration, data security, privacy compliance, vulnerability assessment

Talent graph

CyberGRX's talent

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Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

15 investors on CyberGRX's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Series A 12 investors entered at this stage
Blackstone
AllegisCyber Capital
Rally Ventures
TenEleven Ventures
Mike McConnell
MassMutual Ventures
Bob Brennan
Arthur Coviello
Bessemer Venture Partners
Aetna
ClearSky
Titanium Ventures
Series B+ 3 investors entered at this stage
Scale Venture Partners
ICONIQ Capital
Blackstone Group Global

Global footprint

Where CyberGRX has talent and traffic

Workforce by country
4 countries with
team presence
🇺🇸 United States85.2%
🇦🇺 Australia7.4%
🇬🇧 United Kingdom3.7%
🇮🇹 Italy3.7%
4 countries shown

Market sentiment

What the market is saying about CyberGRX

An AI-synthesized read of the highest-engagement posts about CyberGRX on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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