Overview

Horizon3.ai specializes in cybersecurity by providing autonomous penetration testing solutions through its platform called NodeZero. This Software-as-a-Service (SaaS) platform enables businesses to simulate cyber-attacks on their systems to uncover vulnerabilities and assess the effectiveness of their security measures. Unlike traditional methods, NodeZero is self-service, requiring no ongoing human intervention or installation of software agents, making it safe for use in live environments. The primary clients are enterprises in sectors like finance, healthcare, and technology, who need to protect sensitive data and comply with regulations such as PCI DSS. Horizon3.ai operates on a subscription-based model, offering various service tiers that include vulnerability assessments and compliance-focused testing. The company's goal is to help clients identify and remediate security weaknesses, allowing them to optimize their cybersecurity investments.

Simplify's Take

What believers are saying

• Growing demand for autonomous pentesting boosts Horizon3.ai's market potential.
• Partnerships with firms like Tech Mahindra enhance market reach and credibility.
• Vanguard Partner Program could significantly expand Horizon3.ai's channel sales.

What critics are saying

• Increased competition from established firms like NCC Group may challenge market share.
• Rapid AI evolution in cybersecurity could outpace Horizon3.ai's current technology.
• Subscription-based model may be vulnerable to economic downturns affecting renewals.

What makes Horizon3.ai unique

• NodeZero offers autonomous pentesting without persistent agents, ensuring safe production use.
• Horizon3.ai's SaaS model allows continuous security assessments across diverse attack surfaces.
• NodeZero provides an attacker's perspective, simulating APTs and ransomware to identify vulnerabilities.

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Funding

Total Funding

$87M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:

Craft Ventures

Notable Investors:

Craft Ventures

$40,000,000

Series C

Aug 2023

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.

Series C Funding Comparison

Below Average

Industry standards

Ind Avg. $50M

$16M

$40M

$40M

$50M

$62M

$100M

View all funding stages