RiskQ
Cyber risk quantification platform that translates security posture into financial and insurance-aligned risk terms for board and executive reporting.
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RiskQ (formerly Cyber Innovative Technologies) provides cyber risk quantification software that translates technical security findings into financial terms, expressed in the same business and insurance language used to price cyber policies and pay claims, rather than the qualitative red/yellow/green heat maps common in older GRC tooling. The platform ingests data from an organization’s existing security tools and benchmarks inherent cyber risk, control effectiveness, and third-party vendor risk on a dollars-and-cents basis intended to support prioritization and budget conversations with non-technical executives and boards.
Founded in October 2018 by M. Ariel Evans and Yoav Intrator and headquartered in Miami, Florida, RiskQ has raised roughly $3.2 million across three funding rounds and operates with a small team of roughly 11-50 employees. That is modest scale relative to more heavily funded cyber risk quantification competitors in the same space, such as Kovrr or Axio, both of which have raised substantially larger rounds.
Cyber risk quantification as a discipline has gained real traction as boards demand financially grounded risk reporting, but RiskQ’s own scale, funding, and customer base are comparatively small and not independently documented beyond aggregator databases, making it a smaller, less-proven player in a category with more heavily capitalized incumbents.
Innovation Matrix Assessment
No recent product announcements or roadmap updates beyond the company's own blog were found; pace of visible innovation appears modest relative to better-funded cyber risk quantification peers.
Ingests data from existing security tools to produce financially expressed risk benchmarking and third-party vendor risk scoring, a reasonably complete workflow for its specific niche.
Has raised only about $3.2 million across three rounds and operates with roughly 11-50 employees, modest scale next to better-capitalized cyber risk quantification competitors such as Kovrr and Axio.
Financially expressed, insurance-aligned cyber risk quantification is a real and meaningfully different framing from older qualitative GRC heat-map tools, though it is not unique to RiskQ within its category.
No independent case study, named enterprise customer, or third-party validation of its risk quantification accuracy was found beyond aggregator database listings.
Board-level demand for financially grounded cyber risk reporting continues to grow, keeping the underlying category relevant even though RiskQ itself is a smaller player within it.
Why CISOs Should Care
Offers a way to translate technical risk findings into the financial and insurance-aligned language executives and boards actually use to make budget and risk-transfer decisions.
What Makes It Different
Frames risk output in the same terms insurers use to price and pay cyber claims, rather than generic qualitative risk scores.
The Matrix Verdict
43/100 — EMERGING / UNRANKED
A smaller, less-capitalized player in the growing cyber risk quantification category; the underlying approach is sound and relevant, but RiskQ's own scale and independent validation are limited compared with better-funded peers.
Editorial Note: Claims vs. Verified Findings
Company scale, funding total, and founding details are drawn from third-party aggregator databases (Crunchbase, PitchBook) rather than independent press coverage; no independently verified customer names or performance benchmarks were found.
Sources
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