Stefano Fratepietro, CEO and Co-Founder of Cyberating Srl, commented on the agreement, saying, “This is the first fundamental step in building a channel that puts the Partner at the center in a market where value selling is increasingly needed. We are very proud of this partnership with a distributor such as ICOS, whose strong focus on cybersecurity will enable us to achieve part of our goals.”
According to Paolo Ballanti, Head of Sales and Co-Founder of Cyberating Srl, “The growing focus on cyber risk management makes access to solutions that provide objective and continuous visibility into organizations’ exposure increasingly strategic. Through this agreement with ICOS, we aim to accelerate the adoption of cyber rating in Italy by leveraging a partner that combines technical expertise, business vision and deep knowledge of the cybersecurity ecosystem.”
]]>Gianni & Origoni, the international law firm based in Bologna, acted as transaction counsel on behalf of Cyberating and its investors, with a team comprising partners Rodrigo Boccioletti, Federico Dettori, and senior associate Matteo Canonico, within the Gop4Venture practice area.
This significant pre-seed funding supports Cyberating’s ambitious vision: to become Europe’s leading cyber rating agency. The capital raised will enable the startup to evolve its current prototype into a finalized version of its platform and launch go‑to‑market operations, with a focus
on marketing and sales. The prototype has already been successfully tested by high‑profile clients in the luxury, automotive, and oil & gas sectors, who immediately recognized its value and potential.
Data from the Global Cybersecurity Outlook 2025 highlights that, amid rising geopolitical tensions and global uncertainty, risk awareness continues to climb. One in three CEOs cites cyber espionage and intellectual property theft among their top concerns, while 45% of cybersecurity leaders fear operational disruptions along with severe financial losses. Another major concern stems from the growing interdependencies within the supply chain: with expanding supplier networks, cybersecurity strategies must be integrated across the entire value chain. Notably, 54% of large organizations identify supply chain management as the primary obstacle to achieving robust cyber resilience.
“Today, companies face complex, inefficient processes that demand technological and procedural innovation to simplify and enhance the effectiveness of cybersecurity evaluation. It is increasingly urgent to improve the understanding and management of cyber risks,” explains Stefano Fratepietro, CEO and President of Cyberating. “Cyberating was founded with this mission: to create Europe’s leading cybersecurity rating agency. Through our rating platform and independent advisory services, we offer an objective and transparent approach to help companies improve their security posture. The pre‑seed funding will enable us to complete development of our platform and begin commercial expansion in Italy and across Europe. The trust of our investors confirms the validity of our vision and the transformative potential of our project: We rate the future.”
Giacomo Manaresi, Partner at FNDX, comments: “We are proud to have supported Cyberating in this important milestone. The growing relevance of cybersecurity on the global stage requires companies to adopt increasingly advanced tools to assess and mitigate cyber risks. The success of this round demonstrates the market’s confidence in Cyberating’s potential to become a benchmark in the sector. At FNDX, we continue to lend our expertise to high-potential ventures, fostering strategic investments in rapidly growing technological and digital areas.”
Cyberating was founded by innovators with over 20 years of experience in cybersecurity: Stefano Fratepietro, Paolo Ballanti, Fabio Cassanelli, Luigi Perrone, and Niccolò Baldi. The startup offers forward-looking cyber security ratings, based on projections of cybersecurity performance across various scenarios. The evaluation process begins when a company requests a cyber risk assessment and may also be initiated unsolicited when sufficient public information is available to provide investors and the market with a clear cybersecurity overview. Through its proprietary
Cyber Risk Platform, Cyberating enables organizations to monitor technical data and information continuously—leveraging multiple sources and contextualizing cyber risks.
FNDX (fndx.vc) is an Investment Banking and Strategic Advisory firm for private market investments. Its Investment Banking team supports high-potential entrepreneurs and founders throughout their fundraising and exit processes. Meanwhile, its Fund Advisory team helps venture
capital and private equity funds identify top investment opportunities, leveraging vertical expertise and entrepreneurial backgrounds to optimize investment strategies and maximize portfolio value.
Founded by visionary innovators, Cyberating Srl positions itself as a genuine data company specializing in cybersecurity, with the ambition to become Europe’s foremost cyber rating agency.
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