Parabellyx
Parabellyx is a Canadian cybersecurity company offering the LUMA Security Platform, an AI-powered continuous security testing and PTaaS solution targeting mid-market organizations across North America with enterprise-grade testing at SMB budgets.
- Company typePrivate
- Founded2018
- HeadquartersVaughan, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Parabellyx does
Parabellyx is a privately held Canadian cybersecurity company that has built and commercialized the LUMA Security Platform, an AI-powered continuous security testing offering explicitly positioned for mid-market organizations. The platform unifies five modules—LUMA Perimeter (external attack surface management), LUMA Code (application security testing), Cloud & Infrastructure Security Testing, LUMA Compliance (continuous GRC controls monitoring for SOC2, ISO 27001, and CMMC), and Penetration Testing as a Service (PTaaS)—into a single analytics layer that performs cross-module correlation. AI-generated findings are reviewed by certified human cyber professionals before delivery, and each finding ships with embedded remediation guidance designed to be executable by IT teams without dedicated security headcount.
The company monetizes LUMA through subscription-based recurring revenue across multiple module tiers, with public pricing framed as 'enterprise-grade testing at SMB budgets.' Go-to-market is sales-led, anchored by an inside-sales motion (Schedule LUMA Demo CTA) and a complementary channel partner ecosystem that includes global technology integrators (CrowdStrike, Cloudflare, Tenable, Snyk, Checkmarx, Fortinet, WatchGuard, apiiro, amplix) and resellers (Compugen, Insight, GlassHouse Systems, Tynebridge, Computacenter). The company operates dual headquarters in Richmond Hill, Ontario and Denver, Colorado, and reports approximately $1.3 million USD in ARR and over 50 customers as of February 2026.
Disclosed funding to date is modest at $800,000 raised in November 2021, supplemented by the Cyber Challenge mentorship program. Leadership consists of President Alexander Poizner (CISSP-ISSAP, CISA, CISM) and CRO Effi Lipsman, and the company has built reputational capital through thought-leadership content, the April 2025 LUMA brand unification, and a First Place finish at the CIS 2026 Pitch Fest in Toronto.
Parabellyx firmographics
Firmographics- Name
- Parabellyx
- Legal name
- Parabellyx
- Website
- https://parabellyx.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Parabellyx is a Canadian cybersecurity company offering the LUMA Security Platform, an AI-powered continuous security testing and PTaaS solution targeting mid-market organizations across North America with enterprise-grade testing at SMB budgets.
- Ownership category
- akta.pro rank
Parabellyx industry classification
Industry- Product category
- Continuous Security Testing Platform
- NAICS
- Testing Laboratories and Services (54138), Other Computer Related Services (541519), Security Systems Services (except Locksmiths) (561621)
- SIC
- Services-Testing Laboratories (8734), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Vulnerability Management & Penetration Testing Services (BPAEADAD)
- akta.pro secondary industries
- Penetration Testing Platforms (PTaaS) (HDADAHAG), Vulnerability Assessment, Security Audits & Compliance Testing (BPAKAHAG), Managed Security Services (MSSP) & 24/7 SOC Operations (BPAKAHAA)
Keywords
Where Parabellyx is headquartered
LocationHeadquarters
- HQ city
- Vaughan
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Parabellyx business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Continuous Security Testing Platform (SaaS): LUMA platform delivered as a continuous testing-as-service subscription, providing ongoing security testing across perimeter, code, compliance, and infrastructure with enterprise-grade capabilities at SMB pricing.
- Penetration Testing as a Service (PTaaS): Engagement with award-winning ethical hackers to test applications, modern infrastructure, AI, and OT systems, delivered through the LUMA platform for continuous value.
- Application Security Testing: Identify, validate, prioritize, and fix application security issues with LUMA Code providing developers clear and actionable guidance to reduce code security weaknesses.
- Governance, Risk & Compliance Services: Continuous GRC assessment and controls monitoring for SOC2, ISO 27001, and CMMC compliance using LUMA Compliance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Enterprise-grade security testing at SMB budgets |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Parabellyx product offering
Product offeringCore offering
Parabellyx sells the LUMA Security Platform, an AI-powered continuous security testing platform with human expert validation, marketed as enterprise-grade testing at SMB budgets. The offering combines Penetration Testing as a Service (PTaaS), Application Security Testing, Cloud & Infrastructure Security Testing, and Governance, Risk & Compliance (SOC2, ISO 27001, CMMC) into a single analytics layer that replaces annual point-in-time penetration tests with continuous monitoring.
Product overview
Parabellyx offers the LUMA Security Platform, an AI-powered continuous security testing solution designed for mid-market organizations. The platform unifies five core capabilities under one umbrella: Penetration Testing as a Service (PTaaS), Application Security Testing (LUMA Code), Cloud & Infrastructure Security Testing, and Governance, Risk & Compliance (LUMA Compliance). LUMA Perimeter provides external attack surface management. The platform delivers enterprise-grade testing at SMB budgets, combining automated continuous monitoring with human expert validation of findings. All modules feed into a single analytics layer enabling cross-module correlation that siloed point solutions cannot achieve.
Differentiator
Problem solved
Functional benefit
Brands
- LUMA Security Platform: AI-powered continuous security testing platform with human validation, designed to replace point-in-time testing with always-on security testing for enterprise-grade testing at SMB budgets.
Products and services
- LUMA Security Platform AI-powered continuous security testing platform that delivers enterprise-grade security testing at SMB budgets. Consolidates perimeter testing, code testing, compliance monitoring, internal testing, and PTaaS into a single analytics layer with human expert validation of every AI-generated finding.
- Penetration Testing as a Service (PTaaS) Engagement of Parabellyx's award-winning team of ethical hackers to test applications, modern infrastructure, AI systems, and OT environments. Delivered through the LUMA platform for continuous value, providing real exposure to cybersecurity risks and in-depth validation of complex security systems for mid-market organizations.
- Application Security Testing Identifies, validates, prioritizes, and fixes application security issues. Includes the LUMA Code module, which gives developers clear and actionable guidance to reduce code security weaknesses and embrace security-by-design, reducing friction between cybersecurity and software development teams.
- Cloud & Infrastructure Security Testing Tests and provides remediation guidance for cloud and hybrid infrastructure environments. Covers security of critical components including identities and authentication, containers, and DevOps tools as organizations modernize their infrastructure.
- Governance, Risk & Compliance Bridges testing and compliance through continuous GRC assessment and controls monitoring for SOC2, ISO 27001, and CMMC using the LUMA Compliance module. Enhances trust between technology teams, business stakeholders, and customers.
Quantifiable outcome
- 79% of companies know they're vulnerable but most can't do anything about it - LUMA addresses this gap
Companies that use Parabellyx
Customer profileSegments3 records
Ideal customer profiles2 records
Parabellyx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature4 records
Parabellyx partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor.
- CompugenminorChannel partner displayed on Parabellyx website. Compugen is a Canadian technology solutions provider.
- ComputacenterminorChannel partner displayed on Parabellyx website. Computacenter is a global technology solutions provider.
- GlassHouse SystemsminorChannel partner displayed on Parabellyx website. GlassHouse Systems is an IT infrastructure solutions provider.
- InsightminorChannel partner displayed on Parabellyx website. Insight is a global technology solutions integrator.
- TynebridgeminorChannel partner displayed on Parabellyx website. Tynebridge is a digital solutions provider.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Parabellyx competitors and assessment
Company assessmentDirect peers
- HackerOne: HackerOne provides continuous pen testing, bug bounty, and vulnerability disclosure programs via a global hacker community, competing with LUMA PTaaS especially for mid-market customers wanting external hacker validation.
- Horizon3.ai: Horizon3.ai delivers autonomous, continuous penetration testing as a SaaS platform, directly competing with LUMA's AI-driven continuous testing positioning for mid-market and enterprise security teams.
- Pentera: Pentera offers automated security validation and continuous penetration testing as a subscription platform, directly competing with LUMA's PTaaS and continuous testing modules for mid-market and enterprise buyers.
- Cobalt: Cobalt runs a PTaaS platform connecting customers to a vetted community of testers for on-demand and continuous pen testing, overlapping with Parabellyx's PTaaS offering and human-validated model.
- Bishop Fox: Bishop Fox is a cybersecurity consulting firm with a strong continuous pen testing and application security practice, closely comparable to Parabellyx's combination of ethical hacker expertise and platform delivery.
- SafeBreach: SafeBreach provides breach and attack simulation and continuous security validation, overlapping with LUMA's perimeter, internal, and continuous testing capabilities.
Broad incumbents
- Tenable: Tenable is a leading vulnerability management and exposure management vendor (Nessus, Tenable One), currently a Parabellyx partner but also a broad incumbent whose exposure platform competes with LUMA Perimeter and continuous assessment modules.
- Rapid7: Rapid7 offers InsightVM vulnerability management, managed detection, and pen testing services as part of a broad security platform, competing with multiple LUMA modules but as an enterprise-scale incumbent.
- CrowdStrike: CrowdStrike's Falcon platform spans endpoint, identity, cloud, and exposure management and is expanding into continuous testing and pen testing adjacencies; it is both a Parabellyx technology partner and a broad incumbent competitor.
- NCC Group: NCC Group is a global cybersecurity consulting and testing firm offering pen testing, red teaming, and managed security services, broadly comparable to Parabellyx's testing-led services portfolio but at much larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Parabellyx social profiles
Digital presenceParabellyx compliance and trust
Trust signalCompliance2 records
Parabellyx financial estimates
Financial estimateRevenue estimate
Valuation estimate
Parabellyx leadership team
Management profileNumber of profiles
Profiles2 records
Parabellyx funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Parabellyx 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 Parabellyx
What does Parabellyx do?
Parabellyx sells the LUMA Security Platform, an AI-powered continuous security testing platform with human expert validation, marketed as enterprise-grade testing at SMB budgets. The offering combines Penetration Testing as a Service (PTaaS), Application Security Testing, Cloud & Infrastructure Security Testing, and Governance, Risk & Compliance (SOC2, ISO 27001, CMMC) into a single analytics layer that replaces annual point-in-time penetration tests with continuous monitoring.
Is Parabellyx a public or private company?
Parabellyx is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Parabellyx founded?
Parabellyx was founded in 2018. It employs 11 to 50 people.
Where is Parabellyx based?
Parabellyx is headquartered in Vaughan, Canada, in the North America region.
How does Parabellyx make money?
Four revenue lines are on record. Continuous Security Testing Platform (SaaS) is the primary driver. The others are penetration Testing as a Service (PTaaS), application Security Testing and governance, Risk & Compliance Services.
Who are Parabellyx's main competitors?
Direct peers on record are HackerOne, Horizon3.ai, Pentera, Cobalt, Bishop Fox and SafeBreach. Broad incumbents are Tenable, Rapid7, CrowdStrike and NCC Group.
Does Parabellyx have an API?
No public API is recorded for Parabellyx.
What industry is Parabellyx in?
Parabellyx's product category is Continuous Security Testing Platform. Its primary akta.pro industry code is BPAEADAD, Vulnerability Management & Penetration Testing Services, with a secondary code of HDADAHAG, Penetration Testing Platforms (PTaaS). Its NAICS code is 54138 and its SIC code is 8734.