Agnostic Intelligence AG

Many organizations rely on numerous third-party partners, yet most do not thoroughly assess the security of these parties. This negligence exposes them to significant cybersecurity risks. A 2021 study found that 74% of organizations faced a security breach because they granted excessive access to third parties. Additionally, 54% don't evaluate the security practices of third parties before giving them access, and 63% don't even know which third parties have access to their networks. Agnostic Intelligence, a startup founded by an experienced cybersecurity team, addresses this issue by offering an agnostic platform for automating and analyzing cyber risks. The platform provides a comprehensive view of third-party risks and is used by large organizations in highly regulated industries. Since launching in mid-2022, it has attracted over 20 major clients, including banks, financial institutions, and biotech firms. The company became profitable within 9 months and continues to grow, with 30 employees and support from private investors. The focus now is on further expanding sales and product development.