Human risk management startup OutThink has announced that it has raised USD 10 million in seed funding, bringing the total investment in the company to USD 11.4 million. With the help of Forward Partners, Gapminder, Innovate UK, and TriplePoint Capital, the funding round was co-led by AlbionVC.
The 2019-founded business, which has its headquarters in London, UK, suggests a novel method for teaching security awareness. In order to improve employee behavior, the company’s SaaS solution assists organizations in identifying and managing human risk.
The platform analyzes data from current security systems and human intelligence to find risk patterns throughout an organization. According to OutThink, the new investment will enable it to speed up global distribution.