NuArx, Inc.

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NuArx, Inc. - overview

Established

2016

Location

Southfield, MI, US

Primary Industry

IT Security/Cybersecurity

About

NuArx, Inc. offers specialized cybersecurity and compliance solutions aimed at optimizing risk management for organizations. Their innovative Asgard Platform enhances security measures while ensuring regulatory compliance across various sectors. Founded in 2016, NuArx, Inc.


operates in Southfield, US, focusing on cybersecurity. In January 2021, the company was acquired by Sysxnet Limited from One Equity Partners. The firm has participated in 2 deals, with its most recent deal occurring on January 5, 2021. NuArx, Inc.


specializes in Predict-to-Prevent cybersecurity and compliance solutions designed to assist organizations in making informed risk mitigation decisions. Their core offering, the Asgard Platform, integrates cybersecurity with compliance frameworks, especially emphasizing PCI compliance. This platform provides tools for continuous monitoring, risk assessment, and proactive incident response, catering primarily to small and medium-sized businesses in sectors such as retail, healthcare, and technology across North America, South America, and Europe. NuArx, Inc.


generates revenue via subscription-based models for its cybersecurity and compliance services, which allow clients to access the Asgard Platform and its features. The firm engages in B2B transactions, providing tailored solutions that meet specific compliance needs through various service packages and pricing tiers based on client scale and service range, fostering long-term client relationships. Following its acquisition by Sysxnet Limited in January 2021, NuArx, Inc. plans to leverage its resources to innovate and launch new products focused on advanced cybersecurity solutions.


The company is also targeting expansion into new markets in Asia and Australia by 2023. Recent funding will be directed towards enhancing product development and expanding the organization's market presence.


Current Investors

FTV Capital, True Wind Capital , Sysxnet Limited

Primary Industry

IT Security/Cybersecurity

Sub Industries

IT Infrastructure, IT Security/Cybersecurity, Monitoring & Security Software

Website

www.nuarxinc.com

Verticals

Cloud Computing, IoT (Internet of Things), Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

NuArx, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedNuArx, Inc.-
BuyoutCompletedNuArx, Inc.-

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