Rome-based Cyber Guru, a cybersecurity awareness training platform, announced on Thursday that it has secured $25M (approximately €23M) in a Series B funding round led by Riverside Acceleration Capital.
Others, including Educapital and existing investors Adara Ventures and P101 Ventures, also participated in the round.
The company will utilise the funds to enhance its aggressive AI-driven contextual training strategy, boost sales and marketing resources, and expand its Go-To-Market operations across Europe to support continued customer growth.
“Securing this investment from Riverside and Educapital, along with the continued support from Adara and P101, is a monumental step in our journey to scale internationally. Our mission is to improve an organisation’s resistance to cyberattacks, by transforming user behaviour. With our proprietary Machine Learning model and the use of advanced learning methodologies, we’ve built a comprehensive security awareness training platform that is effective in managing and reducing human risk, and now we are poised to take this vision worldwide,” says Gianni Baroni, CEO and founder of Cyber Guru.
Cyber Guru: Cybersecurity awareness training platform
Founded by Gianni Baroni in 2017, Cyber Guru is a cybersecurity awareness training platform, that enables organisations to increase their resistance to cyber-attacks by changing employee behaviour.
The platform trains employees to become the first line of defence against cyber threats while minimising the impact on organisational productivity.
The Italian company provides a security awareness training platform that uses a proprietary AI-powered adaptive machine learning model and behavioral science methodology.
As per the company’s claims, over 700 customers, including organisations of all sizes and verticals, in the public and private sector, rely on its platform to transform employee awareness of, and resilience to, sophisticated attacks – ultimately creating a human barrier against cyber-crime.
More than 1 million active users in over 90 countries are continuously trained using automated paths on the platform.
The investor
Riverside Acceleration Capital (RAC) provides flexible growth capital and operating resources to help acceleration-stage software companies maximise their potential.
Since its founding in 2016, the company, which is part of The Riverside Company, has supported over 75 B2B software companies.
“We see tremendous value in Cyber Guru’s innovative approach to cybersecurity awareness, particularly their ability to deliver strong engagement rates through AI-driven automation and adaptive learning. We believe the company’s focus on behavioural science and its exclusive Machine Learning model sets it apart in the market. Our investment reflects our confidence in their ability to become a European leader in security awareness training while helping organisations achieve compliance and strengthen their human security posture. We’re excited to continue to support Cyber Guru as they scale their operations and accelerate Research & Development efforts,” says Christian Stein, Partner at Riverside Acceleration Capital.
Educapital is the European venture fund dedicated to Edtech and the Future of Work. With more than €200M under management, Educapital invests from Seed to Series B and has partnered with over 35 companies.
“Speaking to clients, we were impressed by Cyber Guru’s effectiveness in mitigating human risk and how well it adapts to users’ training needs. We’re proud to support Gianni and his team in their international expansion,” says Jonathan Denais, Investment Director at Educapital.
