Bryan, Garnier & Co acts as Sole Financial Advisor to Cyber Guru and its shareholders on an investment round led by Riverside Acceleration Capital

Founded in 2017, Cyber Guru provides an AI/ML based cybersecurity awareness SaaS solution.

The company helps its clients address human risk as the main root cause of security breaches using a scientifically-proven learning methodology, real-life scenarios and proprietary behavioural reporting metrics. The company serves a large portfolio of European clients in both private and public sectors. Today, over 1 million active users in more than 90 countries are continuously trained by the platform’s automated training paths.

Backed by P101 and Adara Ventures since June 2021, Cyber Guru has managed to establish itself as a leading player in the Italian cybersecurity awareness market and has begun strategic expansion into France and Spain.

Bryan, Garnier & Co acts as Sole Financial Advisor to Cyber Guru and its shareholders.

Bryan, Garnier & Co conducted a competitive private placement process involving Tier-1 international Venture Capital and Private Equity investors.

Following private debt investment in 2023, Riverside Acceleration Capital, a US-based VC fund, led the company’s Series B round, thus demonstrating their conviction in the future of the company. The largest European Impact VC fund backing tech entrepreneurs shaping the future of education and work – Educapital joined the round as a follower. In addition, the company received continued support from existing shareholders including leading Italian VC fund P101 and Madrid-based deep-tech investment firm Adara Ventures.

Through its partnership with Riverside Acceleration Capital and Educapital, Cyber Guru intends to continue driving product innovation with AI-developments and grow its international footprint.

This marks another landmark transaction for Bryan, Garnier & Co’s industrial technology for cybersecurity practice and is a further demonstration of its expertise in VC-led transactions. Other notable transactions in the space include the investment of Intera Partners in Halon, Summa Equity in NetGuardians, Seven2 in Mailinblack, Tikehau ACE Capital and Bpifrance in Vade, and the investment of Parquest in Advens.

"This new investment is a major milestone in Cyber Guru's growth journey. Our platform has already empowered hundreds of clients to address human risk as part of their cybersecurity strategies and this partnership will enable us to extend our reach and impact even further. Bryan Garnier’s team provided instrumental guidance throughout the fundraising process, helping us secure partners who understand our mission and share our long-term vision and ambitions."

— Gianni Baroni, CEO at Cyber Guru

Founded in 2017, Cyber Guru provides an AI/ML based cybersecurity awareness SaaS solution. The company helps its clients address human risk as the main root cause of security breaches using a scientifically-proven learning methodology, real-life scenarios and proprietary behavioural reporting metrics.

Cyber Guru’s platform incorporates three distinct training programs that are designed to effectively affect user behaviour. These programs target the development of the main defensive attributes of each individual: knowledge, perception of danger, and readiness.

Cyber Guru is headquartered in Rome and has offices in Milan, Paris and Madrid serving a large portfolio of clients through a diversified network of resellers and partnerships.

Riverside Acceleration Capital (RAC) is a growth-focused investment platform designed to support B2B software companies. It primarily supports European and North American companies with a strong momentum, a proven business model and with a desire to invest in further expansion. RAC offers both non-dilutive lending solutions and growth equity investment, typically providing $5 to $15 million tickets.

Alongside capital, RAC supports its portfolio companies through its Growth Advisory Program, leveraging deep expertise in software and access to a vast global network of resources to accelerate their development

As part of The Riverside Company, RAC benefits from over 30 years of experience across a diverse set of investment strategies and an expanded network of 12 offices in 4 different continents.

Educapital is the largest European venture fund dedicated to Edtech and the Future of Work. With more than €200 million under management, Educapital invests from Seed to Series B, and has partnered with over 35 companies.