Viewpoint
Elemendar is a startup that exhibited at this year’s Connected Britain, in our bigger than ever startup village! Find out more about them below
1. Tell us about your startup
Elemendar is a cybersecurity startup based in the UK, co-founded by Lior Arbel and Giorgos Georgopoulos. We use advanced AI technology to help organisations stay protected from cyber threats. Our mission is to enable security leadership to make informed security decisions effortlessly. Our key products, READ and Compass, assist analysts in comprehending complex threat reports and provide a comprehensive overview of an organisation’s threat landscape, guiding security leadership in prioritising and mitigating risks effectively.
2. What is your unique selling proposition (USP)?
Our unique selling proposition is our sophisticated AI technology that automates cyber threat analysis. This significantly reduces the time spent manually processing data, allowing our AI to perform this task quickly and accurately. Both our READ and Compass products exemplify this advantage. READ provides security analysts with rapid access to critical information, facilitating the protection of their organisations from potential threats. Meanwhile, Compass delivers a strategic overview, aiding security leadership in prioritising their responses to various threats and ensuring they make well-informed security decisions.
3. What is your relationship with telecommunications and connectivity?
The telecommunications industry is critical for businesses around the world, making it a frequent target for cyber threats. Elemendar collaborates with telecommunications and connectivity providers to enhance the security of their networks. Our AI-driven solutions offer better and faster insights into the threat landscape, allowing these providers to prioritise their efforts to protect their networks effectively.
4. How have you reached your current stage of development?
Our progress has been driven by innovative research, strategic partnerships, and continuous client feedback. From participating in the first NCSC (National Cyber Security Centre, UK) for Startups Accelerator in 2017, we have refined our algorithms and expanded our product offerings. Our journey has also involved leveraging IBM’s Hyper Protect Accelerator, which provided us with top-tier security and data privacy solutions, enabling us to access opportunities that might otherwise have been out of reach for a startup.
5. Why did you establish the business?
We founded Elemendar because we recognised an increasing need for smarter, automated cybersecurity solutions. Traditional methods were struggling to keep pace with rapidly evolving threats. We aimed to equip organisations with tools to stay ahead of cyber adversaries, ensuring their assets are protected and maintaining trust with their clients.
6. What does the future hold for your business?
The future for Elemendar is promising. We plan to enhance our AI capabilities, expand our product range, and enter new markets. Under the leadership of our new CEO, Lior Arbel, we are poised for growth and innovation. We are particularly excited about further developing our READ and Compass products. READ will continue to enable analysts to extract actionable intelligence from threat reports efficiently, while Compass will provide security leadership with an even more strategic and comprehensive view of their threat landscape. Our goal is to make cybersecurity simpler and more effective for everyone.