What BitSight does

BitSight Technologies, Inc. is a Boston-headquartered cyber risk intelligence company founded in 2011 that provides continuous, externally observable security ratings (300–820 scale) and supporting modules to more than 3,500 global customers, including 38% of the Fortune 500, 4 of the top 5 investment banks, 4 of the Big 4 accounting firms, and 180+ government agencies. The platform architecture is anchored on Bitsight's proprietary Groma internet-wide scanning engine, an AI attribution engine, and 120+ data feeds that collectively monitor 40M+ organizations and 250M+ digital assets; this data layer is governed by the Bitsight Policy Review Board and independently validated by Marsh McLennan, Moody's Analytics, AIR Worldwide, IHS Markit, and Gallagher Re to correlate with breach outcomes. The product surface is organized around four pillars: Third-Party Risk Management (Continuous Monitoring, Vendor Risk Management, Trust Management Hub), Security Posture Management (launched March 2026), Cyber Threat Intelligence (acquired primarily via the $115M Cybersixgill deal in December 2024, including Adversary, Ransomware, Brand, Vulnerability, Identity, Dark Web, and Pulse modules), and Exposure Management (Bitsight Beacon, Attack Surface Intelligence, Identity Intelligence), all unified through a Cyber Risk Command Center dashboard for executive reporting.

The company operates a multi-motion go-to-market: enterprise field sales anchored on a "Request a Demo" funnel targeting Fortune 500 buyers; flagship channel partnerships with Moody's (cyber insurance, capital markets, underwriting) and Microsoft; and an API-first distribution layer with REST APIs, MCP agent-ready access, and 25+ native integrations across GRC (ServiceNow, RSA Archer, OneTrust, ProcessUnity, Aravo, LogicManager), SIEM/SOAR (Splunk, Sentinel, Elastic, Cortex XSOAR, Swimlane, D3, StrikeReady), EDR (CrowdStrike, SentinelOne, Defender), and identity (Okta, Entra ID, Active Directory). Revenue is generated primarily through annual subscription contracts tiered by vendor count and product module (Basic/Standard/Advanced for SPM, 1–50/51–100/101–500/Unlimited for Continuous Monitoring), augmented by Cyber Threat Intelligence subscriptions, Professional Services for managed vendor assessments and managed CTI engagements, and data monetization through cyber insurance underwriting (50%+ of global cyber insurance policies, $5B+ in premiums) and capital markets data feeds.

The company is privately held following a $250 million strategic investment from Moody's Corporation in September 2021 at a $2.4 billion post-money valuation, with Moody's functioning as both controlling shareholder and flagship distribution partner. Subsequent inorganic moves include the August 2022 ThirdPartyTrust acquisition (TPRM platform), the December 2024 Cybersixgill acquisition ($115M for dark/deep web threat intelligence), and 2026 partnerships with Tenable OPEN and Factor. John Clancy was appointed CEO in April 2026, succeeding Steve Harvey, with an explicit AI-in-cybersecurity mandate. BitSight holds a portfolio of 74 patents supporting AI-driven capabilities such as the Dynamic Vulnerability Exploit (DVE) Score and is headquartered at 111 Huntington Ave, Suite 400, Boston, MA, with 501–1,000 employees and offices in Germany, Hong Kong, and Israel.

Name

BitSight

Legal name

BitSight Technologies, Inc.

Website

https://bitsight.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

501–1,000 employees

Short description

BitSight is a Boston-based cyber risk intelligence platform serving 3,500+ global enterprises, including 38% of the Fortune 500 and 180+ government agencies, with continuous security ratings, third-party risk management, threat intelligence, and exposure management capabilities across financial services, healthcare, and government.

Ownership category

akta.pro rank

Product category

Cyber Risk Intelligence and Security Ratings

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Security Analytics & Detection Engineering (HDADAGAE)

akta.pro secondary industry

Blockchain Analytics & Transaction Monitoring (FSADALAB)

Keywords

• Cyber risk management
• Security ratings platform
• Third-party risk management
• Cyber threat intelligence
• Attack surface management

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations, Others

Revenue model

1. Subscription SaaS (Continuous Monitoring, Vendor Risk Management, Security Posture Management): Recurring subscription revenue from enterprise licenses of the Bitsight cyber risk intelligence platform, with pricing scaled by number of vendors monitored and tier (Basic, Standard, Advanced), plus expanded Continuous Monitoring + Vendor Risk Management bundles.
2. Cyber Threat Intelligence Subscriptions: Recurring subscription revenue from CTI products (Identity Intelligence, Attack Surface Intelligence, Vulnerability Intelligence, Ransomware Intelligence, Brand Intelligence, Bitsight Pulse) sold to security operations and SOC teams.
3. Professional Services: Revenue from TPRM and CTI professional services including managed vendor assessments, threat exposure assessments, custom reporting, and managed CTI engagements as an extension of customer teams.
4. Cyber Insurance Underwriting Data: Bitsight data underwrites $5B+ in cyber insurance premiums and is used by 50%+ of global cyber insurance policies; data feeds sold to insurance carriers, reinsurers (e.g., Moody's, Gallagher Re) for risk control and underwriting.
5. Cybersecurity Data Feed / API: Cyber data delivered to customer data lakes and downstream systems via APIs, integrations, data feeds, and agent-ready access patterns like MCP; supports capital markets and investment management use cases.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels10 records

Core offering

BitSight operates a SaaS-based cyber risk intelligence platform that continuously monitors 40M+ organizations to produce daily security ratings (300–820 scale) across 25+ risk vectors, covering the enterprise and its full supply chain. Its core products include Third-Party Risk Management, Continuous Monitoring, Security Posture Management, and a Cyber Threat Intelligence suite (Adversary, Ransomware, Vulnerability, Identity, Attack Surface, and Brand intelligence), all delivered through web dashboards, APIs, MCP, and integrations into SIEM/SOAR/GRC/EDR/IdP stacks. The platform also underwrites cyber insurance underwriting data for carriers and feeds investment and capital markets risk analytics, monetized via recurring subscriptions, data feeds, and Professional Services.

Product overview

BitSight operates as a platform-plus-modules architecture centered on its Security Ratings engine, with several core product modules and specialized sub-modules layered on top. The core platform is Security Ratings, which provides continuous, evidence-based cyber risk scoring of organizations. Layered around it are four primary product pillars: Third-Party Risk Management (TPRM) — encompassing Continuous Monitoring, Vendor Risk Management (VRM), and the Trust Management Hub — for vendor lifecycle risk management; Security Posture Management (SPM) for monitoring an organization's own internal attack surface; Cyber Threat Intelligence (CTI) — sourced from the Cybersixgill acquisition — including Adversary Intelligence, Ransomware Intelligence, Brand & Executive Intelligence, Vulnerability Intelligence, Bitsight TRACE, Bitsight Pulse, Groma Explorer, Underground Explorer, Framework Intelligence, Phishing Threat Intelligence, and Dark Web Intelligence for Supply Chains; and Exposure Management, which includes Supply Chain Exposure Management (Bitsight Beacon), Attack Surface Intelligence, and Identity Intelligence. Supporting modules include Governance & Analytics for framework mapping and reporting, and Cyber Risk Command Center as an executive-level unified dashboard. Industry-specific solutions extend the platform into Fourth-Party Risk Management, National Cybersecurity, Cyber Underwriting & Risk Control, and Investment Management use cases. Bitsight Professional Services provides implementation and advisory support, and a public REST API with MCP access enables programmatic and agent-driven consumption of BitSight data.

Differentiator

Problem solved

Functional benefit

Brands

• Bitsight Beacon: Supply Chain Exposure Management solution that continuously monitors third-party vendors and provides validated, evidence-backed threat alerts across the attack lifecycle.
• Bitsight TRACE
• Bitsight Pulse
• Groma Explorer
• Underground Explorer
• Trust Management Hub
• Framework Intelligence

Products and services

• BitSight Security Ratings Foundational cyber risk rating service that continuously scores organizations on a 300–820 scale across 25+ risk vectors using externally observable security data; underpins every other BitSight product and is independently validated by Moody's, Marsh McLennan, AIR Worldwide, IHS Markit, and Gallagher Re to correlate with breach outcomes.
• Continuous Monitoring
• Vendor Risk Management (VRM)
• Third-Party Risk Management (TPRM)
• Trust Management Hub
• Security Posture Management (SPM) Product that monitors and manages an organization's own internal security posture, complementing external/third-party risk focus with first-party attack surface visibility, framework intelligence, peer benchmarking, and Identity Intelligence; offered in Basic, Standard, and Advanced tiers.
• Cyber Threat Intelligence (CTI)
• Identity Intelligence & Credentials
• Vulnerability Intelligence
• Attack Surface Intelligence
• Adversary & Ransomware Intelligence
• Brand & Executive Intelligence
• Bitsight Pulse
• Groma Explorer
• Underground Explorer
• Bitsight Beacon — Supply Chain Exposure Management
• Dark Web Intelligence for Supply Chains Dark web monitoring product that alerts organizations when vendors are being targeted or breached, including incidents not yet publicly disclosed; maps live threat intelligence to vendor ecosystems.
• Exposure Management Platform
• Cyber Risk Command Center Executive-level unified dashboard aggregating BitSight ratings, exposure data, and threat intelligence to provide CISOs and security leadership with a consolidated view of organizational cyber risk.
• Governance & Analytics
• Bitsight Professional Services
• Cyber Underwriting & Risk Control
• Investment Management Cyber Risk Data

Quantifiable outcome

• 75% reduction in third-party breach probability for Bitsight customers (Forrester TEI)
• +9 more outcomes

Named customers25 records

Segments12 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration30 records

Feature8 records

Partnerships

21 partnerships are on record, tiered core, minor and flagship.

• FactorcoreStrategic or Co-development Partner · 25 June 2026Strategic partnership announced June 2026 positioning Bitsight as a Premier Risk Intelligence Provider within Factor's AI-driven supply chain cyber risk platform. Combines Bitsight's risk assessment tools with Factor's AI capabilities to help enterprises streamline identification, prioritization, and remediation of supply chain cyber risks.
• Microsoft Digital Crimes UnitminorOthers · 24 June 2026Coordinated with BitSight, Lumen, and Mitsui Bussan Secure Directions in Operation Endgame to disrupt the Amadey botnet and Stealc infostealer; operation coordinated by Microsoft Digital Crimes Unit with Europol EC3 and European law enforcement.
• LumenminorOthers · 24 June 2026Coordinated with BitSight, Microsoft Digital Crimes Unit, and Mitsui Bussan Secure Directions in Operation Endgame to disrupt the Amadey botnet and Stealc infostealer.
• Mitsui Bussan Secure DirectionsminorOthers · 24 June 2026Coordinated with BitSight, Microsoft Digital Crimes Unit, and Lumen in Operation Endgame to disrupt the Amadey botnet and Stealc infostealer.
• TenablecoreTechnology or Integration · 21 May 2026Bitsight is a founding ecosystem partner of the Tenable Open Partner Exchange Network (OPEN) launched in May 2026, with 330+ validated integrations and a new Open Connector enabling bi-directional data exchange between Tenable One and third-party security tools. Bitsight contributes intelligence and telemetry capabilities to the ecosystem.
• Recorded FuturecoreTechnology or Integration · 21 May 2026Founding ecosystem partner of Tenable OPEN alongside Bitsight, contributing intelligence and AI capabilities to unify security data, accelerate AI-driven workflows, and operationalize exposure management across enterprise technology stacks.
• SplunkcoreTechnology or Integration · 21 May 2026Participating ecosystem partner in Tenable OPEN; also listed as a Bitsight SIEM integration (Splunk Enterprise and Enterprise Security) and customer. Integrations support unified security intelligence and accelerated remediation across enterprise security environments.
• CybersixgillflagshipStrategic or Co-development Partner · 14 November 2024Bitsight announced the acquisition of Cybersixgill in a $115M deal announced November 2024 and completed December 2024, integrating real-time cyber threat intelligence from the deep, dark, and open web to accelerate innovation in threat intelligence.
• ThirdPartyTrustminorStrategic or Co-development Partner · 4 August 2022BitSight announced its intention to acquire ThirdPartyTrust, a third-party risk management platform, to improve its vendor risk assessment capabilities and automate/enhance the cybersecurity assessment process across the entire vendor lifecycle.
• VisibleRiskminorStrategic or Co-development Partner · 13 September 2021BitSight acquired Israel-based VisibleRisk for an undisclosed sum alongside its $250M Moody's funding round in September 2021, strengthening its cyber risk platform through the joint Moody's/BitSight cyber risk ratings venture.
• MicrosoftflagshipStrategic or Co-development PartnerNamed strategic partnership featured on Bitsight's Partnerships page. Microsoft is a customer logo and Bitsight integrates with Microsoft Azure Sentinel (SIEM), Microsoft Defender (EDR/XDR), and Microsoft Entra ID (identity). Partnership co-marketed for joint go-to-market.
• ServiceNowcoreTechnology or IntegrationBitsight integrates out-of-the-box with ServiceNow Vendor Risk Management and ServiceNow SPM, pushing daily ratings and risk findings directly into customer GRC and security workflows. ServiceNow is also a featured integration logo on Bitsight SPM page.
• RSA ArchercoreTechnology or IntegrationOut-of-the-box integration with RSA Archer as part of Bitsight's GRC integration ecosystem, enabling mapping of security ratings and incident alerts into GRC records.
• CrowdStrikecoreTechnology or IntegrationBitsight CTI integrates with CrowdStrike Falcon as an EDR/XDR platform, enabling coordinated threat intelligence sharing across endpoint and external risk data.
• OktacoreTechnology or IntegrationIdentity Intelligence & Credentials module integrates natively with Okta to enable automatic credential remediation (password reset, account disable) when compromised credentials are detected.
• Palo Alto NetworkscoreTechnology or IntegrationBitsight CTI integrates with Palo Alto Cortex Expanse and Cortex XSOAR (SOAR), and Bitsight SPM integrates with Palo Alto Cortex, enabling coordinated attack surface, threat intelligence, and remediation workflows.
• Microsoft Entra ID (Azure Active Directory)coreTechnology or IntegrationIdentity Intelligence & Credentials module integrates natively with Microsoft Entra ID for credential filtering and automatic remediation (reset or disable exposed accounts) when compromised credentials are detected.
• Gallagher RecoreStrategic or Co-development PartnerBitsight security ratings are independently validated by Gallagher Re to correlate with real-world cybersecurity incidents and ransomware likelihood; Gallagher Re uses Bitsight data for cyber reinsurance analytics.
• Marsh McLennan Cyber Risk Analytics CentercoreStrategic or Co-development PartnerMarsh McLennan Cyber Risk Analytics Center independently validated that 14 Bitsight analytics have statistically significant correlation with cybersecurity incidents; the study is referenced as foundational evidence for Bitsight's ratings methodology.
• Blue TurtleminorImplementation/ SI/ Consulting PartnerCyber risk management firm Blue Turtle published an analysis advocating for an integrated approach using BitSight's platform to unify internal security, third-party risk, and threat intelligence into a single view.
• GoogleminorStrategic or Co-development PartnerBitsight's risk scoring is independently validated by Google (referenced in Continuous Monitoring page) to correlate with real-world cybersecurity incidents.

Scale indicators16 records

Recent moves7 records

Expansion highlights6 records

Others

• Whistic:

Direct peers

• SecurityScorecard: Closest direct competitor in cybersecurity risk ratings, offering an A-F rated external attack surface and TPRM platform to enterprise and government customers. SecurityScorecard and BitSight compete head-to-head on security ratings accuracy, vendor risk workflows, and analyst evaluations (e.g., 2026 Forrester Wave, GigaOm TPRM Radar).
• Panorays: Direct peer in third-party cyber risk management, combining external attack surface scans, automated security questionnaires, and vendor risk workflows. Panorays is frequently named alongside BitSight in TPRM analyst evaluations and serves a comparable enterprise buyer.
• UpGuard: Direct peer in cyber risk ratings and vendor risk management, with a comparable externally-scored 0-950 rating and a focus on TPRM automation. UpGuard competes with BitSight in mid-market and enterprise TPRM and frequently appears alongside BitSight in industry analyst rankings.
• RiskRecon (Mastercard): Direct competitor in cyber risk ratings, acquired by Mastercard in 2021 to embed ratings into Mastercard's small business and B2B payments ecosystem. RiskRecon competes with BitSight on enterprise TPRM and benefits from Mastercard's distribution scale.

Emerging players

• Black Kite: Emerging peer in cyber risk ratings focused on financial quantification of third-party cyber risk (FAIR-based scoring) and ransomware likelihood. Black Kite overlaps with BitSight's insurance and TPRM use cases, particularly for cyber underwriting and portfolio risk management.
• Flashpoint: Emerging peer in cyber threat intelligence with deep/dark web collection and finished intelligence feeds. Flashpoint overlaps directly with the Cybersixgill-acquired CTI portfolio and competes for SOC, fraud, and brand protection use cases.

Broad incumbents

• Recorded Future: Broad incumbent in threat intelligence with deep/dark web collection and intelligence-driven security analytics. Overlaps with BitSight's CTI portfolio (post-Cybersixgill), is a founding partner in Tenable OPEN alongside BitSight, and competes for enterprise SOC and CTI budgets.
• Tenable: Broad incumbent in vulnerability and exposure management (Tenable One, Nessus) that increasingly bundles external attack surface, identity, and CTI capabilities. BitSight is a founding partner in Tenable's OPEN ecosystem, but Tenable competes for the same exposure management budget that BitSight SPM and Exposure Management target.
• Moody's RMS: Cyber risk modeling and analytics arm of Moody's, BitSight's parent. RMS combines BitSight-derived ratings with cyber catastrophe modeling for insurers and is both a strategic enabler (cyber underwriting distribution) and a potential adjacent competitor in cyber analytics for capital markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat8 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BitSight
• YouTubeyoutube.com/channel/UCQK4819a_k18f2GGC3Fkv8g
• Facebookfacebook.com/bitsight
• LinkedInlinkedin.com/company/bitsight
• Instagraminstagram.com/bitsight

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries3 records

Funding overview

Funding rounds7 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BitSight