BreachBits
BreachBits provides an AI-powered SaaS cyber risk assessment platform built from the attacker's perspective, serving cyber insurance carriers and brokers (notably the Lloyd's market), MSSPs and vCISOs, and direct enterprise CISOs through BreachRisk a.i. scoring and questionnaire validation products.
- Company typePrivate
- Founded2018
- HeadquartersAnnapolis, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What BreachBits does
BreachBits is a Delaware-incorporated, venture-backed SaaS cybersecurity company founded in 2018 in Annapolis, Maryland, by U.S. military cyber warfare veterans John Lundgren (CEO/CTO) and J. Foster Davis (COO/CRO). The company develops BreachRisk a.i., an AI-powered autonomous engine that performs cyber risk detection, verification, and testing from an attacker's perspective, claiming coverage of more than 95% of attack pathways identified in the Verizon Data Breach Investigations Report. The proprietary AutoIntelligent Persistent Threat (AiPT) Engine and the underlying methodology, branded as "The Hacker's Perspective," have been applied across 50,000+ assessments, 40M+ hosts, and 115M+ intrusion tests since 2020, producing a standardized BreachRisk Score used as the quantification primitive across all product lines.
BreachBits packages its core engine into three product lines. BreachRisk for Insurance, including the Cyber Questionnaire Validator and Cyber Pre-Claim Intervention, targets Lloyd's market brokers and carriers by replacing self-attested cyber questionnaires with automated evidence-based assessments and providing active policy-period risk management. BreachRisk for Service Providers delivers the same threat-emulation and continuous-monitoring capabilities to MSSPs, advisories, and vCISOs as a revenue-generating, time-to-value offering. Direct-to-Enterprise Solutions serve CISOs and ERM teams with passive and active testing modes for perimeter, email, cloud, and dark web threat surfaces, with active testing eligible to unlock insurance discounts.
The company operates a SaaS subscription model on a quote-based, non-publicly-disclosed pricing structure with monthly and annual billing cadences. Go-to-market combines direct enterprise sales to carriers, brokers, and enterprises with channel distribution: reseller partnerships with SentryMark and Nippon Telematique for Japan, the ASCII Group for MSPs, and SecurityStudio for vCISO enablement. The company has raised undisclosed seed funding led by Blu Ventures (February 2024) and received a strategic investment from Lloyd's through its central fund (April 2025) following participation in Lloyd's Lab Cohort 13, making it one of only three strategic innovation investments Lloyd's has made from among 150+ Lab alumni. Operating geographies span the U.S. (Maryland, D.C., Arkansas, Minnesota), the U.K. (Lloyd's market), and Japan.
BreachBits firmographics
Firmographics- Name
- BreachBits
- Legal name
- BreachBits, Inc.
- Website
- https://breachbits.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BreachBits provides an AI-powered SaaS cyber risk assessment platform built from the attacker's perspective, serving cyber insurance carriers and brokers (notably the Lloyd's market), MSSPs and vCISOs, and direct enterprise CISOs through BreachRisk a.i. scoring and questionnaire validation products.
- Ownership category
- akta.pro rank
BreachBits industry classification
Industry- Product category
- Cybersecurity Risk Assessment Software
- NAICS
- Security Systems Services (56162), Investigation and Security Services (5616)
- SIC
- Services-Testing Laboratories (8734)
- akta.pro primary industry
- Vulnerability Management & Penetration Testing Services (BPAEADAD)
- akta.pro secondary industries
- Vulnerability Assessment, Security Audits & Compliance Testing (BPAKAHAG), Cyber Risk Management Services (Pre-Breach Services bundled with Insurance) (FSAJAOAO), Vulnerability Assessment & Scanning (HDADAHAA)
Keywords
Where BreachBits is headquartered
LocationHeadquarters
- HQ city
- Annapolis
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
BreachBits business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription Services: Subscription-based SaaS service delivery. Most services start instantly when registered. Monthly subscriptions can be cancelled at any time with daily proration. Annual subscriptions can be cancelled within 14 days of renewal.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Subscription SaaS service |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
BreachBits product offering
Product offeringCore offering
BreachBits provides an AI-powered SaaS cyber risk assessment and penetration testing platform (BreachRisk™ a.i.) that autonomously emulates hacker behavior to detect, verify, and test cyber risk across organizations. The platform is delivered through three packaged product lines — BreachRisk™ for Insurance (with the Cyber Questionnaire Validator and Cyber Pre-Claim Intervention for Lloyd's brokers and carriers), BreachRisk™ for Service Providers (for MSSPs and vCISOs), and Direct-to-Enterprise Solutions (threat emulation and third-party monitoring) — producing standardized BreachRisk™ Scores for underwriting, risk management, and policyholder discount qualification.
Product overview
BreachBits offers BreachRisk™ a.i., an autonomous AI-powered cyber risk assessment platform built from the hacker's perspective. The core BreachRisk™ a.i. engine powers multiple product lines: BreachRisk™ for Insurance (including The Cyber Questionnaire Validator and Cyber Pre-Claim Intervention for Lloyd's brokers and carriers), BreachRisk™ for Service Providers (for MSSPs and vCISOs), and Direct-to-Enterprise Solutions (for threat emulation and third-party monitoring). All products generate BreachRisk™ Scores—standardized risk quantification enabling comparison and trend analysis. The AiPT (AutoIntelligent Persistent Threat) Engine is the underlying proprietary technology that autonomously detects, verifies, and tests 95%+ of Verizon DBIR attack pathways. BreachRisk: Energy 2022 is a published cyber state-of-the-industry report demonstrating the platform's analytical capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- BreachRisk™: AI-powered cyber risk assessment platform that detects, verifies, and tests cyber risk from the hacker's perspective. Includes products for Insurance, Service Providers, and Enterprise solutions.
- The Cyber Questionnaire Validator
- Cyber Pre-Claim Intervention
- The Hacker's Perspective®
- BreachRisk™ a.i.
Products and services
- BreachRisk™ for Insurance Cyber risk assessment product suite for Lloyd's brokers and carriers, including the Cyber Questionnaire Validator for faster quote-to-bind and Cyber Pre-Claim Intervention for proactive incident management. Designed for the cyber insurance market to reduce underwriting time and improve risk selection.
- BreachRisk™ for Service Providers Cyber risk radar packaged for MSSPs, advisories, and vCISOs. Enables service providers to deliver continuous threat monitoring and testing to clients, generate revenue, and help clients connect with cyber insurance. Offers instant time-to-value for service provider client engagements.
- Direct-to-Enterprise Solutions Enterprise risk management tools including threat emulation, third-party monitoring, and active testing capabilities. Supports passive monitoring of perimeter, email, cloud, and dark web, plus an active testing mode that can unlock cyber insurance policyholder discounts.
- The Cyber Questionnaire Validator Automated insurability assessment tool that asks and answers cyber security questions using BreachRisk™ a.i., eliminating the need for tedious policyholder questionnaires. Delivers evidence-based, non-binary contextual results to brokers and underwriters.
- Cyber Pre-Claim Intervention Active risk management tool enabling insurers to proactively manage potential cyber incidents before they become claims. Helps reduce claims frequency and severity through early intervention.
- BreachRisk: Energy 2022 Cyber state of the industry study analyzing cyber risk across U.S. oil and gas sector. Covers upstream, midstream, downstream, and supply chain companies, quantifying risk and identifying trends for decision makers assessing industry-wide and company-specific exposure.
Quantifiable outcome
- Reduce underwriting time through automated questionnaire validation
- +3 more outcomes
Companies that use BreachBits
Customer profileSegments4 records
Ideal customer profiles4 records
BreachBits technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature6 records
BreachBits partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, flagship and minor.
- Nippon Telematique Inc. (NTI)corePartnership with SentryMark to distribute BreachRisk™ solutions in Japan using AI-powered automated cyber risk monitoring. NTI and BreachBits received recognition at Interop Tokyo 2025 for innovation in cyber risk assessment.
- SentryMark Inc.coreReseller partnership between SentryMark and Nippon Telematique to distribute BreachRisk™ solutions in Japan.
- DarkOwlcoreStrategic partnership to strengthen breach prediction. DarkOwl provides darknet data that enhances BreachBits' cyber risk assessment capabilities.
- ChaucerflagshipPartnership forged in Lloyd's Lab 2024. Chaucer and BreachBits developed solutions for the Lloyd's market including Cyber Questionnaire Validator and Cyber Pre-Claim Intervention. Expanded to focus on digital assets, critical infrastructure, and industrial sectors through Chaucer Vanguard and Native Risk Collective partnerships.
- SecurityStudiocoreCollaboration announced August 2024 to enhance virtual CISO credentials and automated capabilities. Enables vCISOs to enter the security market with continuous monitoring and increased efficiency of current offerings.
- The ASCII GroupcoreBenefit partnership announced July 2024 creating lasting relationships with IT service providers. Strategic focus on channel programs for MSP community.
- GroupSenseminorBreachBits highlighted as a service provider partner in GroupSense's expanded partner ecosystem for digital risk protection services announced September 2022.
- Native (Risk Collective)flagshipGlobal Lloyd's broker dedicated to digital asset companies. Native launched the Native Risk Collective in July 2025 aligning carriers Chaucer and Mosaic in an insurance partnership that rewards strong security practices. BreachBits is included as a select vendor helping policyholders unlock discounts on premiums.
- Mosaic InsuranceflagshipPart of the Native Risk Collective partnership framework with Chaucer and BreachBits, providing cyber liability, tech E&O, and crime policies for digital asset companies.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
BreachBits competitors and assessment
Company assessmentDirect peers
- Pentera: Pentera is an automated security validation platform that performs continuous, agentless penetration testing from an attacker's perspective — directly comparable to BreachRisk a.i.'s automated threat emulation and active testing capabilities. Recognized in the same category at Interop Tokyo 2025.
- SafeBreach: SafeBreach provides a breach and attack simulation (BAS) platform that emulates real attacker techniques against customer environments. Directly comparable to BreachBits' hacker-perspective validation and AttackIQ/SafeBreach-style automated testing.
- AttackIQ: AttackIQ runs a breach and attack simulation platform used by enterprises and MSSPs to validate security controls continuously. Closely comparable in continuous automated adversary emulation and MSSP enablement.
- Cymulate: Cymulate offers exposure validation, BAS, and continuous threat exposure management delivered as SaaS. Comparable in AI-driven, attacker-perspective security validation sold via direct enterprise and MSSP channels.
Emerging players
- BitSight: BitSight produces standardized cyber risk ratings used by insurers, brokers, and enterprises for underwriting and third-party risk management. Comparable to BreachRisk Score's quantification and cyber-insurance underwriting use cases.
- SecurityScorecard: SecurityScorecard delivers external cyber risk ratings used heavily by insurance carriers and brokers for underwriting. Comparable as a continuous, scored cyber risk signal feeding insurance workflows.
- Balbix: Balbix uses AI to quantify cyber risk in dollar terms and prioritize remediation for enterprise security teams. Comparable in AI-driven cyber risk quantification and prioritized threat exposure reduction.
- At-Bay: At-Bay is a cyber insurance carrier that combines underwriting with active security monitoring services for policyholders. Comparable because it sits at the same insurance + active risk management intersection BreachBits targets with Cyber Pre-Claim Intervention.
Broad incumbents
- Tenable: Tenable is a large, established vulnerability management and exposure platform (Nessus, Tenable One). Comparable on vulnerability scanning, attack-path analysis, and exposure quantification but with a much broader portfolio.
- CrowdStrike: CrowdStrike's Falcon platform offers endpoint, exposure management, and identity protection at scale, including vulnerability assessment features. A broad incumbent that overlaps with BreachBits' exposure and testing capabilities within a much larger portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
BreachBits social profiles
Digital presenceBreachBits financial estimates
Financial estimateRevenue estimate
Valuation estimate
BreachBits leadership team
Management profileNumber of profiles
Profiles2 records
BreachBits funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BreachBits M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BreachBits
What does BreachBits do?
BreachBits provides an AI-powered SaaS cyber risk assessment and penetration testing platform (BreachRisk™ a.i.) that autonomously emulates hacker behavior to detect, verify, and test cyber risk across organizations. The platform is delivered through three packaged product lines — BreachRisk™ for Insurance (with the Cyber Questionnaire Validator and Cyber Pre-Claim Intervention for Lloyd's brokers and carriers), BreachRisk™ for Service Providers (for MSSPs and vCISOs), and Direct-to-Enterprise Solutions (threat emulation and third-party monitoring) — producing standardized BreachRisk™ Scores for underwriting, risk management, and policyholder discount qualification.
Is BreachBits a public or private company?
BreachBits is a private company. It is classified as venture growth investor backed and is currently operating.
When was BreachBits founded?
BreachBits was founded in 2018. It employs 11 to 50 people.
Where is BreachBits based?
BreachBits is headquartered in Annapolis, United States, in the North America region.
How does BreachBits make money?
One revenue line is on record: saaS Subscription Services.
Who are BreachBits's main competitors?
Direct peers on record are Pentera, SafeBreach, AttackIQ and Cymulate. Emerging players are BitSight, SecurityScorecard, Balbix and At-Bay. Broad incumbents are Tenable and CrowdStrike.
Does BreachBits have an API?
No public API is recorded for BreachBits.
What industry is BreachBits in?
BreachBits's product category is Cybersecurity Risk Assessment Software. Its primary akta.pro industry code is BPAEADAD, Vulnerability Management & Penetration Testing Services, with a secondary code of BPAKAHAG, Vulnerability Assessment, Security Audits & Compliance Testing. Its NAICS code is 56162 and its SIC code is 8734.