Cytegic

Cytegic developed a cyber risk quantification platform that automates cyber risk management and quantifies its financial impact.

Cyber Security
Acquired by Mastercard
Acquired Tel Aviv-Yafo, Israel Founded 2012
Last updated 2026-07-26
Total raised
$6.0M
Last: Undisclosed Round 2017-09
Stage
Acquired
Founded
2012
Headcount
1
HQ
Tel Aviv-Yafo, Israel
Sector
Cyber Security

About

Cytegic quantifies cyber risk at scale and aims to provide drastic time and cost savings against traditional approaches to estimating value-at-risk, while assessing and managing cyber risk and compliance. Cytegic's Automated Cyber Risk Officer enables business executives to optimize the security spend between cyber-risk mitigation and cyber insurance. With its patented, mature Rapid Cyber Risk Quantification Platform, the company enables the market to obtain quantified and validated data to accurately assess and manage cyber risk with ease and visibility. Cytegic's platform immediately provides companies of all sizes with actionable insights into their financial risk exposure, the risk to each organizational asset, and the critical controls the insured can remediate to lower the financial impact of their cyber risk.

Funding history · 2 rounds · $6.0M total

2015-09
A Round $3.0M
★ Carmi Gilon★ Paul Jenkel★ Kenneth L. Stein★ Stuart A. Bernstein
2014-07
Seed $3.0M

Headcount over time

From 19 (2019-12) to 1 (2023-11) · -18 (-95%) · 2 points · source: Finder history + radar grounding
190 2019-12 2023-11

Q&A

What is Cytegic's primary business?
Cytegic developed a cyber risk quantification platform that automates cyber risk management and quantifies its financial impact.
When was Cytegic acquired and by whom?
Cytegic was acquired by Mastercard in May 2020.
What was the total amount of funding raised by Cytegic?
Cytegic raised a total of $12,000,000 in funding.
When was Cytegic founded?
Cytegic was founded in February 2012.
Who are the co-founders of Cytegic?
The co-founders of Cytegic are Cytegic ACRO (also listed as Elon Kaplan) and Gerard Sabbah.
What is Cytegic's primary sector?
Cytegic's primary sector is Cyber Security.
Does Cytegic hold any patents?
Yes, Cytegic holds one patent.
Where is Cytegic's headquarters located?
Cytegic's headquarters is located in Tel Aviv-Yafo, Israel.

Team · 3

Founder · Co-founder, President & CEO
LinkedIn ↗
Founder · Founder, President & CEO
LinkedIn ↗
Founder · Co-founder & VP Product
LinkedIn ↗

Sectors & technology

Primary sector
Cyber Security
Sub-sectors
Cyber SecurityGRC & Vulnerability
Technologies
Platforms & InterfacesSoftware
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2BB2B2C

Highlights

1 PatentsVerified

Tags

cyber-intelligencesiemincident-responsevulnerability-managementthreat-intelligencedata-analyticscyber-securitysaasbusiness-managementasset-managemententerprisesgdprrisk-managementdecision-makinginsurtechmanufacturing-facilitieshealthcare-providersfinancial-institutionsoil-and-gas-companiesinsurance-companies
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitecytegic.com
LinkedInlinkedin.com/company/5015877
Facebookfacebook.com/cytegic
YouTubeyoutube.com/channel/UCaPhiZAmFluMWeznDYUXuhg/videos

Identifiers & details

Founded2012-2
Employees (exact)1
OfficesNew York
Status reasonAcquired (Inactive) by Mastercard on May 2020 - closed due to acquisition

Acquisitions & public offerings

Acquired by Mastercard 2020-05

Radar intelligence

Patents

EPO3

Web history (Wayback)

Domaincytegic.com

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)514728815
Statusמחוסלת מרצון — CLOSED
Corp typeישראלית חברה פרטית
Incorporated2012-02-05
Purposeלעסוק בסוגי עיסוק שפורטו בתקנון
Liabilityמוגבלת
In violation (unfiled)no
Last annual report2019
Active charges / liens0
Registry events0
Registered addressשד' שאול המלך 39 תל אביב - יפו