SureCloud
The first company to deliver market-leading Governance Risk and Compliance (GRC) software solutions and award-winning Cyber Security and Risk Advisory services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | - | 20 % | 12 % | 7 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | - | (5 %) | (29 %) | (35 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | - | (9 %) | (27 %) | (56 %) | (34 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
SureCloud provides Governance, Risk, and Compliance (GRC) solutions, operating as a Software-as-a-Service (SaaS) business. The company was founded in 2006 by Richard Hibbert and Nick Rafferty. Initially, they focused on delivering Penetration-Testing-as-a-Service (PTaaS) before expanding into a fully integrated GRC platform in response to market demand. This expansion led to SureCloud being recognized in the Gartner® Magic Quadrant™ for Integrated Risk Management Solutions. Headquartered in London, with offices in the U.S., the company serves international blue-chip corporate clients across various sectors, including banking, manufacturing, and government.
The company's business model is centered on its cloud-based platform, which enables organizations to manage IT, business continuity, and cyber risks. Revenue is generated through this platform, which combines GRC software with tech-enabled Cybersecurity and Risk Advisory services. In 2021, SureCloud secured a multi-million venture debt facility from BOOST&Co to support UK growth and US expansion, followed by an investment from private equity firm CGE Partners to accelerate new product development and international reach. In March 2024, the company's cyber services division was acquired by FluidOne.
SureCloud's platform offers a suite of products for vulnerability management, risk management, policy management, compliance management, and more. A key feature is its 'Dynamic Risk Intelligence' technology, which uses an event-driven architecture to provide real-time insights and help organizations predict and respond to risks proactively. The platform supports compliance with various global standards like ISO/IEC 27001, SOC 2, and NIST. It also includes functionalities for third-party assurance, allowing clients to automate supplier questionnaires and manage supply chain risk. The company’s approach integrates its software with advisory services, offering what it terms 'Capabilities' to help clients achieve specific business outcomes.
Keywords: Governance Risk and Compliance, GRC, cyber risk management, Penetration-Testing-as-a-Service, PTaaS, risk advisory, compliance management, third-party risk management, vulnerability management, integrated risk management, cloud-based security, Dynamic Risk Intelligence, Continuous Control Monitoring, IT vendor risk management, cyber risk quantification, policy management, incident management, business continuity management, information security consulting, CREST certified