IriusRisk

Madrid, Spain Founded: 2014 • Age: 12 yrs Acquired By ThreatModeler
Risk assessment platform facilitating security and development collaboration.
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About IriusRisk

IriusRisk is a company based in Madrid (Spain) founded in 2014 by Stephen De Vries was acquired by ThreatModeler in January 2026.. IriusRisk has raised $35.7 million across 3 funding rounds from investors including European Union, ThreatModeler and Paladin Capital. IriusRisk offers products and services including Threat Modeling Tool, AI Threat Modeling with Jeff, and Bex AI. IriusRisk operates in a competitive market with competitors including EXIGER, Riskified, Coalfire, Tripwire and XM Cyber, among others.

  • Headquarter Madrid, Spain
  • Founders Stephen De Vries
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $35.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.41 M (USD), Grant

    Dec 01, 2023

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ThreatModeler

    (Jan 08, 2026)

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Products & Services of IriusRisk

IriusRisk offers a comprehensive portfolio of products and services, including Threat Modeling Tool, AI Threat Modeling with Jeff, and Bex AI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Automated tool for identifying and mitigating software threats.

AI for diagram creation and threat model generation.

AI for assessing software security in Jira.

People of IriusRisk
Headcount 50-200
Employee Profiles 86
Board Members and Advisors 5
Employee Profiles
People
Arnaud Monhon Bah
Solutions Architect
People
Paul Santapau
CTO
People
Mark Tuza
Sr. Account Executive, Southeast
People
Fraser Scott
Chief Scientist (ai)

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Board Members and Advisors
people
Markus Schumacher
Technical Advisor
people
Aaron Bedra
Technical Advisor
people
Gary McGraw
Technical Advisor
people
Adam Shostack
Technical Advisor

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Funding Insights of IriusRisk

IriusRisk has successfully raised a total of $35.7M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $2.41 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $2.4M
  • First Round

    (30 Sep 2020)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Grant - IriusRisk Valuation

investors

Oct, 2022 Amount Series B - IriusRisk Valuation Paladin Capital
Sep, 2020 Amount Series A - IriusRisk Valuation Paladin Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in IriusRisk

IriusRisk has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, ThreatModeler and Paladin Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is invested in multiple sectors by Paladin Capital.
Founded Year Domain Location
Investment in cybersecurity, retail technologies, and emerging sectors through venture capital.
Founded Year Domain Location
Tech sectors are invested in by Swanlaab venture capital fund.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by IriusRisk

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - IriusRisk

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Iriusrisk Comparisons

Employees
+
Add Comparison
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Competitors of IriusRisk

IriusRisk operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EXIGER, Riskified, Coalfire, Tripwire and XM Cyber, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Third-party risks and supply chains are managed via AI platform.
domain founded_year HQ Location
AI-based fraud prevention for e-commerce payments is provided.
domain founded_year HQ Location
IT security governance, risk, and compliance solutions are provided.
domain founded_year HQ Location
Cybersecurity solutions are provided for integrity and compliance management.
domain founded_year HQ Location
Cyber risk and vulnerability assessments are provided for enterprises.
domain founded_year HQ Location
Cloud-based risk assessment and management solutions are provided for enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Iriusrisk

Frequently Asked Questions about IriusRisk

When was IriusRisk founded?

IriusRisk was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is IriusRisk located?

IriusRisk is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.

Who is the current CEO of IriusRisk?

Stephen De Vries is the current CEO of IriusRisk. They have also founded this company.

Is IriusRisk a funded company?

IriusRisk is a funded company, having raised a total of $35.7M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.7M, raised on Sep 30, 2020.

What does IriusRisk do?

Founded in 2014 and based in Madrid, Spain, IriusRisk functions as a platform in the cybersecurity sector focused on risk assessment and management. Products are secured through improved collaboration between security and development teams. Real-time threat scores for application threat models are displayed, supporting the evaluation of threats alongside countermeasures. Operations emphasize practical integration for organizational risk handling.

Who are the top competitors of IriusRisk?

IriusRisk's top competitors include Riskified, EXIGER and Coalfire.

What products or services does IriusRisk offer?

IriusRisk offers Threat Modeling Tool, AI Threat Modeling with Jeff, and Bex AI.

Who are IriusRisk's investors?

IriusRisk has 8 investors. Key investors include European Union, ThreatModeler, Paladin Capital, Bright Pixel Capital, and Swanlaab.

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