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Based in Tel Aviv, Israel, Cypago develops an AI-powered Cyber Governance, Risk, and Compliance (GRC) automation platform that continuously monitors security controls across cloud and on-premise IT environments. The enterprise software-as-a-service solution utilizes agentic artificial intelligence to analyze system data, detect compliance gaps, and mitigate risks in real time while streamlining complex user access reviews. By transforming manual compliance tasks into automated workflows, the platform provides security teams and chief information security officers with full visibility from internal policies to active systems. The company integrates its continuous controls monitoring technology with established risk management frameworks, maintaining a strategic partnership with Archer. Cypago has secured $15 million in total venture capital, including a $13 million Series A equity round backed by Entrée Capital, Axon Ventures, and Jump Capital. The organization was founded in 2020 by Yahav Peri and Arik Solomon.
Cypago has raised $13.0M across 1 funding round.
Cypago has raised $13.0M in total across 1 funding round.
Cypago has raised $13.0M across 1 funding round. Most recently, it raised $13.0M Seed in August 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2023 | $13M Seed | — | Aleph VC, Entrée Capital Ventures, Innovation Endeavors, Matias Ventures, Amit Gilon, Ariel Maislos, Christian Bach, Danny Hadar, RON Levy | Announced |
Cypago has raised $13.0M in total across 1 funding round.
Cypago's investors include Aleph VC, Entrée Capital Ventures, Innovation Endeavors, Matias Ventures, Amit Gilon, Ariel Maislos, Christian Bach, Danny Hadar, Ron Levy.
Cypago is a Tel Aviv-based cybersecurity startup founded in 2020 that builds an enterprise-grade, AI-powered Cyber Governance, Risk, and Compliance (GRC) automation platform.[1][2][3][4][5][6] The platform automates compliance for standards like SOC 2, ISO 27001, SOX ITGC, and HIPAA, serving enterprises across hybrid, multi-cloud, and on-premise environments by streamlining user access reviews, continuous control monitoring, risk management, and remediation.[1][3][4][5][6] It solves the manual, time-consuming bottlenecks in demonstrating compliance and aligning cyber risks with business impact, reducing workloads by 30-60% for customers while enabling audit-readiness and security elevation through agentic AI workflows and no-code integrations.[2][5][6]
With $13-15 million in funding from investors like Entrée Capital, Axon Ventures, and Jump Capital, Cypago has reached initial revenues (estimated $1-5.5 million) and employs 11-50 people, showing strong early momentum in a GRC market valued at $47 billion in 2022.[3][4][5]
Cypago was founded in early 2020 in Tel Aviv, Israel, by accomplished technology leaders and military cybersecurity veterans with over 40 years of combined experience in cybersecurity development, operations, commercialization, compliance, and cloud technologies.[1][2][3] Co-founder and CEO Idan Solomon drew inspiration from his time at EY, where he assisted companies with exhaustive security assessments; he observed CISOs struggling with manual validation of security programs against business requirements, which deterred full compliance.[5] This frustration—turning compliance into a "business bottleneck"—sparked the idea for an automated platform that puts expertise "within a few button clicks."[2][5]
Early traction came via a $13 million funding round shortly after launch, enabling the release of its Cyber GRC Automation (CGA) platform, which bridged gaps between management, security, and operations teams.[4][5] Pivotal moments include evolving to agentic AI capabilities for autonomous gap detection and remediation, as highlighted on their site.[6]
Cypago rides the surging demand for GRC automation amid rising cyber threats, stringent regulations, and hybrid cloud complexity, where 60% more established organizations report compliance struggles over five years.[5][6] Timing is ideal in a market growing from $47 billion in 2022, fueled by AI advancements enabling "first-of-breed" visibility from documents to systems data.[5][6] Favorable forces include escalating CISO legal exposure, automation needs to cut costs, and frameworks like SOC 2 demanding continuous controls—positioning Cypago to influence the ecosystem by standardizing AI-agentic GRC, much like how tools like LogicGate and SafePaaS target niches but lack its full-spectrum, AI-native scope.[1][5]
Cypago is poised to scale its agentic-AI platform, targeting deeper enterprise adoption with expanded integrations and AI enhancements for evolving standards.[5][6] Trends like AI proliferation in cybersecurity and regulatory tightening (e.g., stricter SOX, HIPAA) will propel growth, potentially capturing more of the expanding GRC market as manual processes become untenable.[5][6] Its influence may evolve from startup accelerator to ecosystem leader, empowering security teams to focus on threats over paperwork—echoing its founding mission to eliminate compliance bottlenecks and foster a safer digital world.[2]
