SCYTHE Inc.

SCYTHE Inc. is a cybersecurity company that specializes in Adversarial Emulation and Validation (AEV) to help organizations enhance their security postures against sophisticated cyber threats. Founded in 2017 and headquartered in Arlington, US, SCYTHE Inc. focuses on cybersecurity through its advanced emulation platform.

The company has successfully raised USD 10. 000 mn in Series A funding as of November 2021, which was co-led by Paladin Capital Group and Gula Tech Adventures, alongside new investor Energy Impact Partners. The firm was founded by Bryson Bort, who has extensive experience in the security domain. SCYTHE has completed three deals to date, with the latest transaction occurring on November 8, 2021.

SCYTHE's primary offering is its Adversarial Emulation and Validation (AEV) platform, designed to enhance organizational cybersecurity by emulating real-world adversary tactics, techniques, and procedures (TTPs). This platform provides hands-on testing of security postures and continuous validation to identify gaps in defense mechanisms against advanced threats. It serves a diverse client base, including sectors such as critical infrastructure, healthcare, finance, and manufacturing, facilitating tailored solutions that help organizations proactively manage cyber risks. SCYTHE’s services extend to red teaming, blue teaming, and purple teaming exercises, allowing teams to validate security controls and automate threat exposure management.

The company operates in various geographical markets, including North America, Europe, and Asia, thereby addressing a global need for comprehensive cybersecurity solutions. SCYTHE generates revenue through a subscription-based model for its AEV platform, alongside offering managed services such as purple teaming and cybersecurity exercises. Clients typically engage in annual contracts that provide access to ongoing validation tools, threat emulation scenarios, and customized support for their cybersecurity initiatives. Revenue transactions are structured around B2B partnerships, where organizations subscribe to the platform for continuous security assessment and improvement.

Specific pricing plans are reflective of the comprehensive nature of the services, allowing clients to select options that align with their security needs and operational scale. With a focus on continuous threat exposure management, the company’s offerings are tailored to meet the demands of clients looking to enhance their cybersecurity resilience effectively. Following the Series A funding round in November 2021, SCYTHE Inc. plans to utilize the USD 10.

000 mn to expand its team in engineering, sales and marketing, and customer service operations to enhance its attack emulation platform for the enterprise and cybersecurity consulting market. The company is also looking to design and launch new products aimed at strengthening its service offerings. Additionally, SCYTHE is targeting expansion into new geographic markets, with a focus on increasing its presence in Europe and Asia by the end of 2023.