Beauceron Security Inc.

Beauceron Security Inc. is a Canadian cybersecurity firm specializing in enhancing organizational security culture and mitigating cyber risks through innovative training solutions and behavior change strategies. Founded in 2016, Beauceron Security Inc. operates out of Fredericton, Canada, focusing on cybersecurity training and risk management solutions.

The company was co-founded by Benjamin Steeves, Bob Corson, and Sean McDougall, with David Shipley serving as the CEO. To date, they have completed three investment deals, with the most recent being a Seed round on February 9, 2023, where they raised USD 1. 5 mn from investors including the New Brunswick Innovation Foundation and Cyber London (CyLon). Beauceron Security offers a comprehensive suite of cybersecurity solutions designed to enhance organizational security culture and reduce cyber risk.

Their primary offerings include a security culture and behavior change platform that leverages behavioral science and nationally recognized standards. This platform enables organizations to engage employees in cybersecurity awareness training, significantly improving their ability to recognize and respond to threats. Beauceron’s solutions have been implemented by various sectors, including global cybersecurity firms, Fortune 500 companies, financial institutions, energy and utilities sectors, and fintech organizations. The company’s services are marketed across North America, Europe, and Asia, tailoring solutions to meet the specific needs of diverse client bases and end users in these geographic regions.

Beauceron Security's revenue model is primarily based on subscription services for its cybersecurity training and risk management solutions. The company typically enters into agreements with clients, including organizations in the financial services and technology sectors, to provide ongoing access to its training platform and related services. Clients may engage in multi-year contracts that ensure continual updates and access to new features as they are developed. While specific pricing details for individual services are not disclosed, the company structures its offerings to cater to both large enterprises and smaller organizations, with customizable plans that align with the scale and needs of each client.

Revenue is generated through both direct-to-consumer transactions and B2B partnerships, supporting organizations in their quest to foster a proactive cybersecurity culture. In February 2023, Beauceron Security Inc. raised USD 1. 5 mn in growth capital funding, which will be utilized for product development.

The company plans to launch new training modules designed to further enhance cybersecurity awareness among employees. Additionally, Beauceron aims to expand its services into new geographic regions, specifically targeting markets in Europe and Asia by the end of 2024.