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CYRISMA

Founded 2018 · 14 employees on LinkedIn · 4 known investors

Cyrisma provides a unified cybersecurity platform combining attack surface, vulnerability, data, and compliance management, including asset discovery and patching, in a single multi-tenant tool. It is built specifically for MSPs and MSSPs to manage and scale their security services for client environments.

Also known as Cyrisma · CYRISMA

Investors · 4

Also in the syndicate · 1

SaaS Venture

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Cyrisma operates a unified cyber risk and compliance platform aimed at managed service providers (MSPs), managed security service providers (MSSPs) and internal IT teams. The platform brings four core modules into a single dashboard: attack surface management (continuous discovery and monitoring of devices, identities and exposed services, internal and external), risk-based vulnerability management with contextual risk scoring and built-in patch automation, sensitive data discovery and classification across on-premises and cloud environments, and compliance management that maps findings to frameworks including CIS v8, NIST, HIPAA, PCI-DSS, ISO 27001 and CMMC. It also markets secure baseline configuration and server configuration monitoring, vCISO software and MSSP software packages.

Deployment is cloud-based with a lightweight agent, and the company states new client environments can be onboarded and scanned the same day. The platform is multi-tenant, allowing partners to segment, monitor and report across many client tenants from one console, and reports and dashboards can be white-labeled with the partner's branding. Cyrisma integrates with common PSA systems including ConnectWise, Halo PSA and Autotask to automate ticketing and reporting.

The company is headquartered at 510 Clinton Square, Rochester, New York, and describes itself as protecting more than 3,000 organizations. In October 2024 it raised a $7 million Series A led by Blueprint Equity, and in January 2025 it appointed Mark Balovnev as chief executive officer.

Founding story

Cyrisma was founded in 2018 in Rochester, New York, and describes itself as built for the channel by the channel, with the aim of making cybersecurity simpler and more profitable for MSPs without adding tool sprawl. Liam Downward is a co-founder and serves as chief product officer.

Business model

Cyrisma sells a subscription, cloud-delivered software platform through the channel. MSPs and MSSPs license the multi-tenant platform and resell the resulting risk, vulnerability and compliance assessments to their own end clients, including as white-labeled reports and Compliance-as-a-Service offerings. A free start option and demo are offered as entry points.

Software-as-a-Service licensing to MSP/MSSP partners, positioned as a way for partners to build recurring risk and compliance service revenue; the company states partners consolidate multiple standalone tools onto the platform.

Traction

The company reports more than 3,000 organizations protected, a 92% customer satisfaction/recommendation rate, approximately 4 million patches applied per week, a 4.7 rating on Gartner, and partner-reported averages of 65% time savings and 40% reduction in security tooling costs.

Latest developments

In January 2025 Cyrisma named Mark Balovnev chief executive officer, citing growth and global expansion. This followed the October 2024 $7 million Series A, which the company said would fund platform development, customer success, and sales and marketing expansion.

Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned as one of the first risk and compliance platforms built specifically for the channel, competing against collections of standalone vulnerability scanning, data discovery and compliance tools. It has been recognized as a Momentum Leader in G2's Fall 2024 reports for Risk-Based Vulnerability Management, Sensitive Data Discovery and Vulnerability Scanner categories, cited as a category leader in vulnerability assessment and management, and named by CRN in 2024 among ten of the hottest products for MSPs.

Consolidation of attack surface, vulnerability, data discovery, configuration and compliance functions into one multi-tenant, lightweight platform designed for partners managing dozens to hundreds of client environments, with white-labeling, PSA integrations and same-day onboarding. Partners are reported to see roughly 40% lower security tooling costs and 65% average time savings.

Technology

Cloud-based platform with a lightweight endpoint agent supporting internal and external scanning. Capabilities include asset and attack surface discovery, contextual/risk-based vulnerability scoring and prioritization, automated patching and remediation, sensitive data discovery and classification, secure baseline and server configuration monitoring, automated framework mapping and scorecard generation, PSA integrations, and multi-tenant white-labeled reporting. The company also references AI security risk management within the platform.

Go-to-market

Channel-led go-to-market: a partner portal, case studies with partners such as OrbitalFire, Securicom and CyFlare, event and trade-show presence, free trial and demo funnels, and content marketing including MSP-focused guides and playbooks. G2 category placements and Gartner ratings are used as third-party validation.

Managed service providers, managed security service providers, virtual CISO practices and internal IT teams that manage security and compliance for multiple client environments.

Geography

Headquartered in Rochester, New York, United States, with a stated intent to enter new markets and expand globally; partners referenced include Securicom and CyFlare.

History

Founded in 2018 in Rochester, New York. In September 2024 it retained Momentum Leader status in three G2 categories. In October 2024 it announced a $7 million Series A growth equity financing led by Blueprint Equity with SaaS Venture and Golden Ventures, bringing total raised to close to $9 million, with Blueprint Equity's Sheldon Lewis joining the board. In November 2024 CRN listed it among ten of the hottest products for MSPs of the year. In January 2025 Mark Balovnev was appointed chief executive officer.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average partner-reported time savingsJan 202665%
Customer satisfaction / would recommend rateJan 202692%
Gartner ratingJan 20264.7 out of 5
HeadcountAug 202614
Organizations protectedJan 20263,000 organizations
Patches applied per weekJan 20264,000,000 patches
Reported reduction in security tooling costsJan 202640%
Total funding raisedOct 2024$9M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Netezza102 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Palo Alto Networks87 shared keywordsPalo Alto Networks provides cybersecurity platforms and services to protect organizations' digital infrastructure across cloud, network, and security operations. The company serves enterprise organizations, governments, financial institutions, utilities, and healthcare providers globally.
BitSight Technologies83 shared keywordsBitsight provides a cyber risk intelligence platform that monitors entities across the internet to identify vulnerabilities and emerging threats in real time. The platform serves security, risk, and governance teams with threat context, vulnerability prioritization, and compromised credential detection to help organizations remediate exposures before attacks occur.
Safe Security75 shared keywordsSAFE Security provides an AI-driven platform for cyber risk management, covering third-party risk management (TPRM), continuous threat exposure management (CTEM), AI security posture management (AI-SPM), and cyber risk quantification (CRQ). It uses an agentic workflow engine with native integrations to serve enterprise organizations, including a portion of the Fortune 500.
Upguard71 shared keywordsUpGuard provides a platform for managing cybersecurity risk, including third-party vendor and supply chain risk assessment. It is aimed at organizations seeking to evaluate and monitor the security posture of their vendors.
Netwrix64 shared keywordsNetwrix provides unified data and identity security solutions through its 1Secure platform, serving organizations that need to secure data and identities at scale. The platform integrates data security posture management, identity threat detection and response, and access controls with AI-powered risk detection.
Sentinel One62 shared keywordsSentinelOne provides an AI-powered cybersecurity platform for enterprises that integrates endpoint protection, threat detection, and incident response capabilities. The company serves large enterprises, including many Fortune 500 organizations, to protect against cyber threats at scale.
illusive networks59 shared keywordsProofpoint offers a suite of enterprise security and compliance products that protect people, email, cloud apps, and data from human-centric cyber threats using machine learning and AI. Its tools also cover data loss prevention, communications archiving, e-discovery, compliance supervision, identity threat detection, and security awareness training.
Security Scorecard59 shared keywordsSecurityScorecard provides third-party risk management (TPRM) software using AI to help organizations identify, monitor, and mitigate cybersecurity risks across their supply chain and vendor networks. The platform serves enterprises managing extended supply chain security risks.
Crowdstrike59 shared keywordsCrowdStrike provides an AI-native cybersecurity platform that unifies endpoint, identity, cloud, SaaS, and AI protection to detect and stop breaches for enterprise organizations. It combines automated response with human-led security operations including managed detection and response, threat hunting, and security services.

Companies competing with CYRISMA for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Jan 2025
CYRISMA names Mark Balovnev CEO

Cyrisma appointed Mark Balovnev as chief executive officer, citing acceleration of growth and global expansion; Balovnev previously scaled high-growth SaaS companies through two acquisitions.

source ↗

Nov 2024
Named by CRN among 10 hottest products for MSPs in 2024

source ↗

Oct 2024
CYRISMA secures $7 million Series A growth equity financing led by Blueprint Equity

Cyrisma announced a $7 million Series A led by Blueprint Equity with participation from SaaS Venture and Golden Ventures, bringing total raised close to $9 million. Funds are earmarked for platform development, customer success, and sales and marketing expansion. Sheldon Lewis of Blueprint Equity joined the board of directors.

$7M source ↗

Sep 2024
Momentum Leader in three G2 Fall 2024 categories

Cyrisma earned G2 Fall 2024 Momentum Leader badges in Risk-Based Vulnerability Management, Sensitive Data Discovery and Vulnerability Scanner categories.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does CYRISMA do?
Cyrisma is a Rochester, NY unified cyber risk and compliance platform built for MSPs and MSSPs.
Who are CYRISMA's investors?
CYRISMA's investors include Launch NY, Blueprint Equity, Golden Ventures.