🏭 Industry: Cybersecurity – Privileged Access Management (PAM)
📣 Solution: Intelligent Privileged Access Management solutions to enhance control over privileged account access and meet regulatory compliance.
👯 Founder(s): Patryk Brożek and Paweł Dawidek
📅 Founding year: 2012
📍 Headquarters: Warsaw, Poland
💰 Investment amount (current round): €9.4 million
🌱 Stage: Growth
🚀 Funded by: bValue Growth Fund
🗨️ Investor’s perspective:
“PAM solutions help organizations more effectively identify and mitigate potential security breaches in the digital world. They also enable faster responses to unauthorized access attempts to IT systems and sensitive data by reducing the number of entry points available to attackers,” said Maciej Balsewicz, Founder & Managing Partner at bValue Fund.
💡 It will be spent on: Developing new technologies, launching innovative solutions like Instant Access, and strengthening the company’s market position in the DACH region, the USA, and beyond.
💬 In their own words:
“Our solutions help organizations enhance digital security by managing access effectively and responding to unauthorized activities swiftly,” said Patryk Brożek, CEO.
💪 Their specialty: Optimizing implementation time and costs for PAM solutions with reduced maintenance effort.
🔑 Business model: Subscription-based sales with high recurring revenues, enhancing business resilience.
👥 Customer profile: Private sector entities (energy, telecommunications, finance, transport, logistics) and public sector organizations (government agencies, ministries).
👩🏫 Market: Global PAM market, valued at $3 billion in 2023, with rapid growth projected due to increasing cybersecurity threats and regulatory requirements.
📊 Traction: Nearly 500 clients across 35 countries, significant revenue growth, and recognition in Gartner’s report on prominent PAM providers.
