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Technology

Think Cyber Security Ltd

Status: Funded

Jul 15th 2021 - Nov 16th 2021

ThinkCyber combines theoretical and practical behavioural science with its proprietary software to reduce cybersecurity risks for its users and safeguards them through user-centric solutions. The company's 'Redflags' software understands and tracks user behaviour at a point in time whether they're opening a suspicious email, changing a password, and plugging in a USB stick etc. The software nudges users to make secure decisions, delivering ongoing behavioural change. ThinkCyber aspires to become a contender in a security awareness training market worth $2.5 billion which is expected to grow to $10 billion by 2023. ThinkCyber has won clients at TescoBank, Cambridge University and signed paid trials with Vodafone, Unilever and Qinetiq. The company states they will use the investment to scale its sales team, scale-up product development to deliver enterprise features for current trials, and boost marketing/speaking events to attract more customers.

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Log in to view amount pledged

    Log in to view target

    £3,337,444
    pre-money valuation

    6.97%
    equity available

    12
    investors

    £24,458
    pledge per investor

    10507336
    company number

    Active
    company status

    01/12/2016
    incorporated 7 years

    £0.25
    share price

    Previous Funding rounds
    27 Mar 24 Angels Den £293,500 / 117%
    News

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Funding progress

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Log in to view amount pledged

    Log in to view target

    £3,337,444
    pre-money valuation

    6.97%
    equity available

    12
    investors

    £24,458
    pledge per investor

    10507336
    company number

    Active
    company status

    01/12/2016
    incorporated 7 years

    £0.25
    share price

    Previous Funding rounds
    29 Mar 24 Angels Den £293,500 / 117%
    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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