Stiki Information Security

Stiki Information Security specializes in information security, data protection, and consulting services, focusing on compliance with global standards such as ISO 27001 and GDPR, catering primarily to European businesses. Stiki Information Security, based in Reykjavik, Iceland, was founded in 1992 and provides expertise in information security solutions. The company has a history of focusing on developing tailored software solutions for businesses. In January 2008, Stiki Information Security raised an undisclosed amount in venture funding from NSA Ventures.

Stiki offers a comprehensive suite of products and services specializing in information security, data protection, quality management, and consulting, with a strong emphasis on ISO 27001, GDPR compliance, and ISO 9001 standards. Their core offerings include tailored software solutions that integrate expertise and consultancy, addressing the evolving needs of clients to enhance operational efficiency and regulatory compliance. Stiki's services cater primarily to businesses and organizations seeking robust frameworks for managing information security and privacy, enabling them to meet customer expectations and regulatory requirements effectively. Their client base spans various sectors, including healthcare, finance, and technology, with a focus on the European market, where they have developed a reputation for delivering reliable services.

In the most recent financial year, Stiki Information Security reported a revenue of USD 427,532. 70 and an EBITDA of USD 189,314. 70. The company's revenue model is structured around providing consulting services and software solutions on a B2B basis, targeting enterprises that require specialized assistance in information security and quality management.

Transactions typically involve service contracts that may include subscription-based pricing for software and bespoke consulting fees based on project scope and client requirements. Flagship services, such as the ISO management system and equal pay certification, are significant contributors to the firm's income. Stiki Information Security plans to leverage its recent funding received in January 2008 to enhance its service offerings and expand its market presence. Strategies include the development of new products focused on advanced compliance solutions and extending operations into additional European markets by 2025.

The funding will support these initiatives by facilitating research and development activities, enhancing marketing efforts, and investing in new technology to better serve clients.