Syndis
Syndis is a privately held Icelandic cybersecurity services firm offering offensive security (pen testing, red teaming), strategic security management consulting, and 24/7 SOC monitoring to roughly 400+ enterprise customers across the Nordics, with offices in Iceland and Sweden.
- Company typePrivate
- Founded2012
- HeadquartersReykjavík, Iceland
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Syndis does
Syndis is a privately held, Iceland-founded cybersecurity services firm that delivers tailored security solutions to enterprises with demanding security needs, primarily across the Nordic region. The company's portfolio comprises three interconnected core services: Offensive Security (penetration testing and red teaming that emulate real attacks to expose vulnerabilities), Security Management (strategic InfoSec consulting on policies, procedures, and posture alignment), and a 24/7 Security Operation Center providing continuous monitoring and real-time threat response. Syndis states that it develops its own technologies and methodologies to support these offerings, though no patents or trademarks have been disclosed.
The firm serves roughly 400+ customers with a team of approximately 80 employees, anchored by a marquee Nordic enterprise roster that includes Arion Banki, Reiknistofa Bankana, Isavia, HS Orka, Sýn, OEM, the Icelandic Directorate of Taxes, Strætó, and Morgunblaðið/Árvakur, spanning banking, government, aviation, energy, telecom, media, manufacturing, and other verticals. Headquartered in Kópavogur, Iceland with a regional office in Stockholm, Sweden, Syndis is extending into Finland via a joint expansion with Abero Finland (announced in 2025) and signed a separate collaboration with Dediko A/S. Revenue is generated through professional services contracts and project-based engagements (pen-testing, consulting, SOC managed services); pricing is not publicly disclosed and clients are quoted on direct contact.
Syndis is founder-/employee-owned (no venture or institutional backing disclosed beyond two Technology Development Fund grants in 2015) and has been recognized by VR, Iceland's largest trade union, as Company of the Year 2026 (Fyrirtæki ársins) and received the VR Education Award 2026 in the medium-company category. Leadership comprises CEO Valdimar Óskarsson, co-founder & CTO Theodor Gislason, co-founder Rich Smith, and Deputy CEO Anton Már Egilsson. The company's stated values are Excellence, Integrity, and Creativity.
Syndis firmographics
Firmographics- Name
- Syndis
- Legal name
- Syndis
- Website
- https://syndis.is
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Syndis is a privately held Icelandic cybersecurity services firm offering offensive security (pen testing, red teaming), strategic security management consulting, and 24/7 SOC monitoring to roughly 400+ enterprise customers across the Nordics, with offices in Iceland and Sweden.
- Ownership category
- akta.pro rank
Syndis industry classification
Industry- Product category
- Cybersecurity Services
- NAICS
- Computer Systems Design and Related Services (54151), Other Computer Related Services (541519), Security Systems Services (except Locksmiths) (561621)
- SIC
- Services-Engineering, Accounting, Research, Management (8700), Services-Management Consulting Services (8742), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Managed Security Services (MSSP) & 24/7 SOC Operations (BPAKAHAA)
- akta.pro secondary industries
- Security Operations Center (SOC) as a Service (BPAEADAB), Cybersecurity Operations Outsourcing (SOC / SecOps) (BPAEAMAG)
Keywords
Where Syndis is headquartered
LocationHeadquarters
- HQ city
- Reykjavík
- HQ country
- Iceland
- HQ region
- Europe
Offices2 records
Markets served
Syndis business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Security Consulting Services: Professional security services including offensive security (penetration testing, red teaming), security management consulting, and 24/7 SOC monitoring. Revenue is generated through service contracts and project-based engagements for organizations with demanding security needs.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Syndis product offering
Product offeringCore offering
Syndis is a tailored information security company that delivers three core services: Offensive Security (penetration testing and red teaming that emulate genuine cyberattacks to expose vulnerabilities), Security Management (strategic InfoSec consulting covering security strategy, policies, and procedure alignment with industry best practices), and a 24/7 Security Operation Center (continuous monitoring, detection, and real-time threat response). The firm develops its own technologies and methodologies and serves organizations in Iceland, Sweden, and Finland with demanding security requirements.
Product overview
Syndis is a tailored security solutions provider offering a portfolio of three interconnected security services. The core offerings include Offensive Security (penetration testing and red teaming), Security Management (strategic InfoSec consulting), and a Security Operation Center (24/7 monitoring). These services work together to provide organizations with comprehensive protection: offensive services identify vulnerabilities through simulated attacks, security management provides strategic oversight and policy alignment, and the SOC delivers continuous real-time monitoring and threat response.
Differentiator
Problem solved
Functional benefit
Products and services
- Offensive Security Penetration testing and red teaming services that emulate genuine cyberattacks to identify vulnerabilities before malicious actors exploit them, helping organizations understand and fortify their security posture through realistic simulations. Aimed at organizations with demanding security needs.
- Security Management Strategic InfoSec consulting service delivered by Iceland's top security consultants, assisting organizations in developing and maintaining effective security strategies, policies, and procedures aligned with industry best practices.
- Security Operation Center (SOC) 24/7 continuous monitoring service that protects client infrastructure by detecting and responding to threats in real-time, providing around-the-clock security surveillance through Syndis as a dedicated security team.
Companies that use Syndis
Customer profileNamed customers13 records
Segments1 record
Ideal customer profiles1 record
Syndis technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Syndis partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Dediko A/ScoreSyndis and Dediko A/S announced a collaboration to deliver world-class security services together. The partnership aims to combine capabilities from both organizations.
- Abero FinlandcoreSyndis and Abero Finland announced an expansion and joint venture to open a new operation, expanding Syndis's presence in the Finnish market.
Scale indicators3 records
Recent moves8 records
Expansion highlights5 records
Syndis competitors and assessment
Company assessmentDirect peers
- WithSecure (formerly F-Secure): Helsinki-headquartered cybersecurity firm offering managed security, pen testing, and security consulting across the Nordics — directly comparable to Syndis in geography, service portfolio, and enterprise customer base.
- Nixu: Finnish cybersecurity services firm (now part of DNV) specializing in managed security, offensive testing, and security advisory — a near-twin regional peer with overlapping Nordic enterprise customers.
- Sentor: Swedish MSSP offering 24/7 SOC monitoring, penetration testing, and security consulting from Stockholm — competes head-to-head in Sweden with Syndis's Stockholm regional HQ.
- 2NS (now part of Nixu/DNV): Nordic cybersecurity services firm historically focused on enterprise customers in the Nordics, with capability overlap on SOC, pen testing, and security management consulting.
Broad incumbents
- Orange Cyberdefense: European MSSP arm of Orange Group operating SOCs across Europe including the Nordics; competes for the same 24/7 SOC and offensive security contracts with much broader geographic scale.
- Trustwave: Global MSSP and offensive security services provider with presence across Europe; competes on enterprise managed detection/response and penetration testing at scale Syndis aspires to.
- NCC Group: UK-listed cybersecurity and resilience consultancy offering penetration testing, red teaming, and managed security services across Europe — directly overlaps with all three Syndis service lines.
- Accenture Security: Global management consulting arm with a sizable cybersecurity practice (managed SOC, offensive testing, advisory) serving large enterprises — broad incumbent competing for the same enterprise security budgets.
- KPMG Cyber: Big Four advisory firm's cybersecurity unit offering security strategy, assessments, and managed services — overlaps with Syndis's security management consulting offering for regulated Nordic enterprises.
- Deloitte Cyber: Big Four cyber practice offering security strategy, managed SOC, and offensive testing at scale across Europe; competes with Syndis for large enterprise mandates in banking, government, and aviation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Syndis social profiles
Digital presenceSyndis financial estimates
Financial estimateRevenue estimate
Valuation estimate
Syndis leadership team
Management profileNumber of profiles
Profiles4 records
Syndis funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Syndis 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 Syndis
What does Syndis do?
Syndis is a tailored information security company that delivers three core services: Offensive Security (penetration testing and red teaming that emulate genuine cyberattacks to expose vulnerabilities), Security Management (strategic InfoSec consulting covering security strategy, policies, and procedure alignment with industry best practices), and a 24/7 Security Operation Center (continuous monitoring, detection, and real-time threat response). The firm develops its own technologies and methodologies and serves organizations in Iceland, Sweden, and Finland with demanding security requirements.
Is Syndis a public or private company?
Syndis is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Syndis founded?
Syndis was founded in 2012. It employs 1 to 10 people.
Where is Syndis based?
Syndis is headquartered in Reykjavík, Iceland, in the Europe region.
How does Syndis make money?
One revenue line is on record: security Consulting Services.
Who are Syndis's main competitors?
Direct peers on record are WithSecure (formerly F-Secure), Nixu, Sentor and 2NS (now part of Nixu/DNV). Broad incumbents are Orange Cyberdefense, Trustwave, NCC Group, Accenture Security, KPMG Cyber and Deloitte Cyber.
Does Syndis have an API?
No public API is recorded for Syndis.
What industry is Syndis in?
Syndis's product category is Cybersecurity Services. Its primary akta.pro industry code is BPAKAHAA, Managed Security Services (MSSP) & 24/7 SOC Operations, with a secondary code of BPAEADAB, Security Operations Center (SOC) as a Service. Its NAICS code is 54151 and its SIC code is 8700.