Forgepoint Capital, a venture capital firm that focuses on cybersecurity investments, is pumping $10mn in Series A funding into Surefire Cyber – an early stage start-up incident response company, created to help cyber insurers, brokers, law firms, and the organizations they support to better manage major cyber events.
With the rising cost of cyber incidents and the growing adoption of cyber insurance, industry veterans created Surefire Cyber as a purpose-built response firm that leverages a proven team and a tech-enabled platform to improve transparency, accelerate decision making, reduce business interruption, and guide organizations from recovery through to long term resilience.
Billy Gouveia, CEO and Founder of Surefire Cyber, said: “Surefire Cyber’s goal is to work with our clients and partners to swiftly manage a cyber incident and then bring forward capabilities to help them become more cyber resilient.
“Our delivery of end-to-end digital forensics and incident response capabilities is built on a tech-enabled framework and delivered through a platform that aligns and connects an organization’s executives, technical team, insurance carrier, and legal counsel.”
Prior to launching Surefire Cyber, Gouveia joined Forgepoint as an Entrepreneur-in-Residence to incubate and develop the company’s strategy, model, technology, and team while establishing valuable partnerships with companies across the firm’s portfolio.
“Our support from Forgepoint Capital enabled us to bring aboard a highly-experienced team of skilled responders, to develop a tech-enabled solution for collaboration with clients and partners during a response, and to leverage the leading cyber venture firm’s unmatched capabilities of over 30 portfolio companies so that our clients can better protect their data and defend their organizations,” continued Gouveia.
Mark Greisiger, President and Founder of NetDiligence, added: “Surefire Cyber is committed to being great partners to carriers, brokers, Breach Coaches®, and the clients they work together to support. We are pleased to welcome them as new contributors to the cyber insurance ecosystem who offer deep experience and a valuable perspective.”
Don Dixon, Managing Director of Forgepoint Capital, also commented: “Surefire Cyber has brought together leading responders with hands-on experience in preparing for all aspects of a cyber incident, expertise to collaboratively guide clients and partners through high-stakes response events, and skill in helping organizations emerge stronger. What Billy and team are building is truly unprecedented and serves a critical gap in the market.”