High-Level Overview
Hackuity is a cybersecurity startup founded in 2018 that builds a Risk-Based Vulnerability Management (RBVM) platform to help enterprises aggregate, prioritize, and remediate vulnerabilities across their IT environments.[1][3] It serves security teams in organizations worldwide by integrating data from over 100 third-party tools into a single pane of glass, using proprietary algorithms like True Risk Score (TRS) and machine learning to provide normalized vulnerability intelligence, automate 70% of management tasks, reduce critical vulnerabilities, and enable faster remediation specific to each customer's attack surface.[1][3][4][5] The platform solves the "vulnerability chaos" caused by siloed tools, CVE overload, manual processes, and resource shortages—issues behind 60% of breaches from unpatched known vulnerabilities and affecting 77% of organizations—delivering clarity, automation, and cost savings.[2][5][8]
Backed by €12M in stealth funding (Series A of $14M in March 2022), Hackuity has shown strong growth with offices in London (2022) and Singapore (2022), protection of a top global energy leader by late 2021, and product releases like SmartEx² in June 2023, positioning it for international expansion in Europe, Asia, and beyond.[1][3]
Origin Story
Hackuity was founded in 2018 by experts from leading cybersecurity service providers who recognized persistent gaps in vulnerability management, such as siloed data, manual Excel-based prioritization, and failure to address basics amid hype around new threats.[3][7][9] The idea emerged from their frontline experience: security professionals struggling with the same core issues—backups, asset tracking, and unpatched vulnerabilities—despite evolving tech like the early internet to modern clouds.[7] Patrick (likely a key figure, referenced in investor quotes) leads the mission to "get the basics right" via a holistic platform.[1][7]
Early traction built quickly: By December 2021, it protected the #2 global energy leader and won the "Assises" R&D Challenge; 2021-2022 saw awards like Banking Cybersecurity Innovation, Grand Defi Cyber, and cyber deep-tech R&D program wins, plus EIC Seal of Excellence and FIC R&D challenge victories.[3] Emergence from stealth in 2022 with €12M funding accelerated global go-to-market, engineering hires focused on diversity, and customer communities.[1]
Core Differentiators
- Unified Aggregation: Normalizes data from 100+ tools (scanners, EDRs, CSPM, SAST/DAST, pentests, bug bounties, CMDBs) into one dashboard, breaking silos for a complete cyber exposure view across on-prem, cloud, hybrid, and dev lifecycles.[1][3][4][5][8]
- Risk-Based Prioritization: Proprietary TRS algorithm and SmartEx² intelligence score vulnerabilities by true business risk (not just CVSS), reducing critical ones to manage and focusing teams on what matters.[1][3][5][8]
- Automation and Orchestration: Automates 70% of VM tasks (detection, deduplication, ticketing via ITSM/SOAR, remediation workflows), saving time/costs and minimizing manual errors.[2][5][8][9]
- VOC Enabler for Security Pros: Built by practitioners for practitioners, with API access, fast development, and emphasis on developer experience, diversity, and global customer communities.[3][4][6]
Role in the Broader Tech Landscape
Hackuity rides the surging demand for RBVM amid exploding cyber threats, where known unpatched vulnerabilities fuel 60% of breaches and 77% of firms lack patching resources.[2][5] Timing is ideal post high-profile attacks (e.g., Log4j-era chaos), with market forces like cloud migration, hybrid environments, and regulations (e.g., EU innovation grants) favoring platforms that unify existing tools without rip-and-replace.[1][3][9] It influences the ecosystem by enabling "do more with less" automation, boosting cyber resilience for enterprises, energy giants, banks, and beyond—shifting from reactive CVE overload to proactive, context-aware defense.[1][7][8]
Quick Take & Future Outlook
Hackuity is poised to scale as a market leader in RBVM, leveraging its proven product-market fit, award-winning innovation, and Series A momentum to penetrate major markets while iterating on AI-driven features like SmartEx².[1][3] Trends like AI-enhanced threat prediction, zero-trust expansions, and regulatory pressures will amplify its edge, potentially evolving it into a full cyber exposure platform influencing global standards. As vulnerability chaos persists, Hackuity's clarity-first approach will empower more security teams to quantify and fortify postures, tying back to its core quest: revolutionizing VM to make digital operations objectively safe.[1][3]