Cyber insurtech Enveedo raised $3.15 mn seed funding led by Silverton Partners

Enveedo, a cybersecurity company with an innovative approach to integrated risk management, announced the closing of its $3.15 mn seed funding round, led by Silverton Partners, a prominent venture capital firm based in Austin, Texas.

The round was also joined by Runtime Ventures and Blu Ventures who are both focused on the cybersecurity industry and contribute relevant operating experience in addition to funding.

The fresh capital will enable Enveedo to accelerate product innovation, attract top talent, and expand the market presence of the company’s all-in-one SaaS platform that enables organizations to affordably and seamlessly build and maintain cybersecurity resiliency.

Enveedo’s integrated risk management platform guides Security and IT professionals through the process of building their security program. It starts by establishing leadership buy-in, identifying critical assets, and assessing risks using a growing library of API integrations.

Cyber insurtech Enveedo raised $3.15 mn seed funding led by Silverton Partners

The platform then provides a tailored strategic roadmap with detailed recommendations and robust reporting (see Cybersecurity Spending Trends).

It enables all businesses – especially those with limited resources, capabilities, or expertise – to plan, execute, and continuously evolve an enterprise-grade cybersecurity strategy based on an understanding of their risk posture.

Luciano Salata, CEO of Enveedo

This investment from three prestigious VCs with deep knowledge of cybersecurity is a strong validation of our vision and hard work

Luciano Salata, CEO of Enveedo

“With this support, we are poised to accelerate our growth and continue to innovate, improving cyber resiliency for businesses that are in desperate need of help and guidance to protect their crown jewels”.

Enveedo can help customers define a CISO-level playbook for identifying and protecting what’s most important to the business. Enveedo’s automated workflow then guides their customers along a step-by-step roadmap for achieving their security goals.

Enveedo is a Miami-based cybersecurity company, founded in May 2021. Its Cyber Risk Management Platform is an innovative approach to integrated risk management.

The all-in-one platform is a force multiplier that enables IT and security professionals to plan, execute, and evolve a cybersecurity strategy that continuously defends against emerging cyber threats. 

Nataly Kramer   by Nataly Kramer