Achievement recognizes the company’s commitment to transforming cyber incident response
BreachRx, provider of the first intelligent incident response platform designed for the entire enterprise, today announced that it has been named to Fortune Magazine’s2025 Cyber 60 list of the most important venture-backed startups. Fortune editors partnered with Lightspeed Venture Partners on the second annual list to identify the top companies that offer enterprise-grade cybersecurity solutions and have not had an IPO, acquisition, or other significant exit event.
The groundbreaking BreachRx platform transforms how organizations prepare for, respond to, and recover from security incidents. It replaces the reactive status quo of manual processes, wikis, spreadsheets, ticketing systems, and emails with a proactive AI-augmented SaaS solution that maintains ongoing best practices without burdening the security team. The intelligent platform unifies disparate groups to ensure every team involved in the response has better visibility and consistent information for faster, more effective decision-making. Acting like a flight recorder, BreachRx enables quicker incident response, avoiding security downtime and minimizing risk for organizations and their customers. In the case of government legal action, CISOs and CEOs can demonstrate that appropriate and timely actions were taken, effectively managing their own risk.
“The 2024 Cost of a Data Breach Report reveals a stark reality for businesses today – data breaches are more expensive than ever, with the average cost of an average-size incident at nearly $10 million and loss of customer business at a record $1.47 million per breach. These staggering costs should serve as a wake-up call for organizations to prioritize proactive incident and breach preparedness,” said Andy Lunsford, CEO and Co-founder of BreachRx. “At BreachRx, we’re helping companies proactively build resilience against these growing threats and mitigate the financial and reputational damage they can inflict. By automating incident response planning and execution, our platform enables businesses to respond swiftly and effectively when breaches occur, measurably saving millions in incident-related costs. We are very grateful that the expert team at Fortune and Lightspeed Venture Partners recognize this massive issue and BreachRx’s excellence in addressing it.”
To construct the Fortune Cyber 60 list, Lightspeed Venture Partners surveyed more than 300 cybersecurity startups based on market data, including growth rate and ARR, provided by Pitchbook. Lightspeed also nominated companies for consideration based on the investment partners’ research and analysis of the cybersecurity market landscape.
Explore AITechPark for the latest advancements in AI, IOT, Cybersecurity, AITech News, and insightful updates from industry experts!