What Circadian Risk does

Circadian Risk, Inc. is an enterprise SaaS company headquartered in Ann Arbor, Michigan that provides physical security risk assessment software to multi-site organizations. Its core product is a scenario-based risk analysis platform that enables security teams to assess, monitor, and prioritize physical security exposure across an entire portfolio of locations from a single dashboard. The platform combines structured vulnerability, threat, and impact assessments with floor plan visualizations, scenario-specific modules (covering threats from active shooter and arson to executive protection and workplace violence), an automated reporting and corrective action plan workflow, and a Resource Optimization Calculator that helps allocate mitigation spending.

The business model is enterprise SaaS sold on annual subscriptions under quote-based pricing, distributed through a direct field-sales motion targeting multi-site enterprises and supplemented by a white-label partner/reseller program. Target verticals span banking and finance, healthcare, schools and universities, data centers, restaurants, commercial/residential property, and water/utility — with named customers including SpartanNash (a public grocery distributor reporting 20% security cost savings) and Black Swan Intelligence. The company operates with roughly 20 team members including co-founders Michael J. Martin (CEO), Gustave K. Lipman (Chairman), and Daniel R. Young (Chief Innovation Officer, a former Regional Bioterrorism Coordinator), a CFO, a Chief Relations Officer, an engineering organization led by newly hired VP Danny Hyun (ex-Veracode), and dedicated client success/security analyst staff.

Circadian Risk has raised approximately $14.7 million across six funding rounds between 2018 and February 2026, culminating in an oversubscribed $6 million Series A led by Arthur Ventures with participation from Roll Tack Ventures, 11 Tribes, and Tamiami Angel Funds. The Series A capital is being deployed to integrate generative AI into the real-time scored platform, refine go-to-market, and scale client success. The company also announced live integrations with RAD (SARA agentic AI platform and ROSA/ROAMEO hardware), Immix, and AWS at ISC West 2026, positioning the platform within a broader Detection-through-Resolution security stack.

Name

Circadian Risk

Legal name

Circadian Risk, Inc.

Website

https://circadianrisk.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Circadian Risk is an Ann Arbor, Michigan-based SaaS company that provides scenario-based physical security risk assessment software to multi-site enterprises across banking, healthcare, education, data centers, and other verticals, sold via annual subscriptions with quote-based enterprise pricing and a partner/reseller channel.

Ownership category

akta.pro rank

Product category

Physical Security Risk Management Software

NAICS

Computer Systems Design Services (541512)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Supply Chain & Operational Resilience Analytics (Supplier Risk, Business Continuity, Logistics Disruption) (EUABALAI)

akta.pro secondary industries

Insurance Underwriting, Pricing & Accumulation Tools (P&C, Specialty, Parametric) (EUABALAF), Early Warning, Event Monitoring & Forecasting (Extreme Weather Alerts, Nowcasting) (EUABALAJ)

Keywords

• Physical security risk assessment
• Enterprise risk management software
• Compliance management software
• Multi-site risk analysis
• Physical security intelligence

Headquarters

HQ city

Ann Arbor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription: Enterprise risk analysis SaaS platform sold on subscription basis to multi-site organizations for compliance, hazard, executive protection, insider threat, supply chain, and organizational risk management

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Circadian Risk sells a SaaS-based enterprise risk analysis platform that enables multi-site organizations to assess, analyze, monitor, and manage physical security risk profiles across all locations from a single dashboard. The platform combines scenario-based vulnerability, threat, and impact assessments, a Risk Optimization Calculator, and automated corrective action planning to deliver continuous physical risk intelligence for compliance, hazard, executive protection, insider threat, supply chain, and organizational risk management. It is sold on a subscription basis with custom quote-based annual pricing to enterprise customers across banking, healthcare, education, data centers, restaurants, and critical infrastructure.

Product overview

Circadian Risk offers a unified enterprise risk analysis SaaS platform combining a core risk management and compliance management system with specialized assessment modules. The core Circadian Risk Platform enables multi-location risk monitoring and assessment, integrated with features including the Risk Optimization Calculator™ for resource allocation, Vulnerability Threat & Impact Assessments for physical security analysis, and Reporting & Corrective Action Plans™ for remediation management. The platform includes scenario-based assessment products covering specific threat scenarios (Abduction, Active Shooter, Compliance, Workplace Violence, and others) that allow organizations to evaluate readiness for particular threats rather than relying on general assessments. An Enterprise Dashboard provides portfolio-wide visibility from a single source of truth. The company is actively integrating generative AI capabilities into its real-time scored platform following a $6M Series A funding round.

Differentiator

Problem solved

Functional benefit

Products and services

• Circadian Risk Platform SaaS-based enterprise risk management and compliance management platform that enables multi-site organizations to assess, analyze, monitor, and manage physical security risk profiles across all locations from a single dashboard. Includes scenario-based vulnerability, threat, and impact assessments, a Risk Optimization Calculator, automated reporting, and corrective action planning for compliance, hazard, executive protection, insider threat, supply chain, and organizational risk management. Sold on subscription to enterprise customers across banking, healthcare, education, data centers, restaurants, commercial/residential property, and critical infrastructure.

Quantifiable outcome

• 20% security cost savings for enterprise customers (SpartanNash case study)
• +2 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature5 records

Partnerships

Three partnerships are on record, tiered integration partner and infrastructure partner.

• RAD (Robotic Assistance Devices)integration partnerTechnology or Integration · 1 February 2026Collaboration at ISC West 2026 where Circadian Risk will demonstrate live integration with RAD's SARA agentic AI platform, ROAMEO, RIO Mini, ROSA, AVA, and RADCam Enterprise for unified Detection through Resolution security stack with risk assessment integration.
• Immixintegration partnerTechnology or Integration · 1 February 2026Collaboration at ISC West 2026 demonstrating unified security stack integration alongside Circadian Risk, RAD, and AWS.
• Amazon Web Services (AWS)infrastructure partnerTechnology or Integration · 1 February 2026Cloud infrastructure partner for ISC West 2026 demonstration of unified security stack integration with RAD and Circadian Risk.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Resolver: Resolver offers a GRC and risk management platform with risk assessment, incident management, and compliance modules. It is directly comparable to Circadian Risk as both target enterprise risk/compliance teams with structured assessment workflows and dashboards, though Resolver's scope is broader across IT, operational, and third-party risk.
• LogicGate: LogicGate's Risk Cloud platform provides enterprise GRC workflows including risk assessment, incident response, and compliance automation. It overlaps with Circadian Risk in delivering structured, scenario-based risk assessments to enterprise risk teams via a SaaS workflow engine, though LogicGate emphasizes broader GRC rather than physical security specialization.
• Onspring: Onspring provides a cloud-based GRC platform covering risk assessment, compliance, audit, and vendor management. It is comparable to Circadian Risk as both sell enterprise SaaS risk assessment workflows with structured questionnaires, dashboards, and reporting to mid-market and enterprise risk/compliance buyers.

Broad incumbents

• NAVEX Global: NAVEX Global is a larger, established governance, risk, and compliance software vendor with extensive enterprise footprint. It is comparable to Circadian Risk in the broader GRC/enterprise risk category, though NAVEX focuses on ethics, compliance, and third-party risk rather than physical security specialization.
• AuditBoard: AuditBoard is a leading enterprise GRC and audit management platform used by risk and compliance teams. It is comparable to Circadian Risk as both target enterprise risk/compliance functions with SaaS assessment workflows, though AuditBoard's core focus is audit, SOX, and IT risk rather than physical security scenarios.
• Riskonnect: Riskonnect provides an integrated risk management platform covering enterprise risk, claims, safety, and compliance for mid-market and enterprise buyers. It is comparable to Circadian Risk in selling structured risk assessment SaaS to multi-site enterprises, though Riskonnect's portfolio is broader and includes insurance/claims functionality.
• SAI360: SAI360 offers enterprise risk, compliance, and learning management software to regulated industries. It is comparable to Circadian Risk as both serve enterprise risk and compliance teams with SaaS assessment tools, though SAI360's specialization skews toward EHS, ethics, and learning rather than physical security.
• Everbridge: Everbridge provides Critical Event Management and physical security operations software including mass notification, travel risk management, and incident response. It is comparable to Circadian Risk in addressing enterprise physical security and risk workflows, though Everbridge focuses on event response rather than pre-event scenario-based risk assessments.

Emerging players

• Dataminr: Dataminr delivers real-time AI-based risk and event detection across public data sources for corporate security and risk teams. It is comparable to Circadian Risk as both target enterprise physical security and corporate risk functions, though Dataminr's strength is real-time alerting rather than structured scenario-based assessments.

Others

• Kroll: Kroll is a global risk consulting firm offering physical security risk assessments, threat intelligence, and security advisory services. It is comparable to Circadian Risk in addressing enterprise physical security risk assessment needs, though Kroll is primarily a services firm and a potential channel partner or competitor for traditional consultative engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CircadianRisk
• Facebookfacebook.com/CircadianRisk
• LinkedInlinkedin.com/company/16208625
• Instagraminstagram.com/circadianrisk

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds6 records

Investors7 records

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

M&A

Investments

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

Frequently asked questions about Circadian Risk