Infiniqo Company Profile

Background

Overview

Infiniqo, Inc. is a privately held technology company specializing in cyber risk management and decision intelligence services. Established in December 2017 and headquartered in Princeton, New Jersey, the company focuses on enhancing cyber risk readiness through innovative, immersive training solutions.

Mission and Vision

Infiniqo's mission is to empower individuals, organizations, and communities to effectively manage various risks—including situational, financial, cyber, and health—by providing highly engaging and virtually stimulating experiences. The company's vision is to create immersive learning environments that significantly enhance intuitive responses to real-life situations, thereby improving overall risk mitigation and preparedness.

Primary Area of Focus

The company's primary focus is on cyber risk readiness, offering gamified tabletop exercises and immersive simulations designed to improve awareness, preparedness, and responsiveness to cyber threats. These solutions cater to a diverse clientele, including risk managers, insurance carriers, brokers, attorneys, and organizations seeking to bolster their cyber resilience.

Industry Significance

In an era where cyber threats are increasingly sophisticated, Infiniqo's innovative approach to cyber risk training addresses a critical need for effective, engaging, and scalable solutions. By integrating advanced technologies such as artificial intelligence and immersive simulations, the company contributes significantly to enhancing the cybersecurity posture of its clients.

Key Strategic Focus

Core Objectives

Enhancing Cyber Preparedness: Developing and delivering immersive training solutions that enable organizations to effectively prepare for and respond to cyber incidents.

Innovative Training Methods: Utilizing gamified tabletop exercises and virtual simulations to create engaging and memorable learning experiences.

Scalability and Accessibility: Providing solutions that are adaptable to various organizational sizes and accessible across different platforms.

Specific Areas of Specialization

Cyber Risk Readiness: Offering pre-breach cyber tabletop exercises that improve organizational awareness and responsiveness to cyber threats.

Immersive Training Platforms: Developing virtual situation rooms and gamified tabletop exercises to simulate real-world cyber attack scenarios.

Key Technologies Utilized

Artificial Intelligence (AI): Leveraging AI to create adaptive and responsive training scenarios that evolve based on user interactions.

Immersive Simulations: Employing 2D/3D animations, voice integration, and interactive mobile applications to enhance user engagement.

Gamification: Incorporating game design elements such as scoring, decision points, and adaptive branching to make training more engaging and effective.

Primary Markets Targeted

Cyber Insurance Industry: Collaborating with insurance carriers, brokers, and policyholders to enhance cyber risk preparedness.

Corporate Sector: Providing training solutions to organizations across various industries to improve their cyber resilience.

Government and Municipalities: Offering training programs to public sector entities to bolster their response capabilities to cyber incidents.

Financials and Funding

Funding History

As of the latest available information, Infiniqo has not publicly disclosed details regarding its funding history, total funds raised, or specific funding rounds. The company remains privately held, and financial specifics are not readily accessible.

Notable Investors

Information about individual investors or venture capital firms backing Infiniqo is not publicly available.

Intended Utilization of Capital

While specific details are not disclosed, it is reasonable to infer that any capital raised would be allocated towards:

Product Development: Enhancing and expanding the suite of immersive training solutions.

Technology Infrastructure: Investing in advanced technologies to support scalable and secure training platforms.

Market Expansion: Broadening the company's reach to new markets and industries.

Pipeline Development

Key Pipeline Candidates

Infiniqo's primary offerings include:

Axon Platform: An immersive interaction platform designed to enhance cyber risk readiness through gamified tabletop exercises.

Traverse Platform: A solution aimed at improving understanding of cyber insurance policies among underwriters, agents, and policyholders.

Stages of Development

Both platforms are actively developed and deployed, with ongoing enhancements to incorporate the latest advancements in AI and immersive technologies.

Target Conditions

The platforms are designed to address various cyber risk scenarios, including data breaches, ransomware attacks, and other cyber incidents that organizations may face.

Anticipated Milestones

Specific timelines for future milestones are not publicly disclosed. However, the company continues to refine its offerings and expand its client base.

Technological Platform and Innovation

Proprietary Technologies

Axon Platform: An immersive interaction platform that combines gamified tabletop exercises with advanced AI to simulate real-world cyber attack scenarios.

Traverse Platform: A solution that utilizes interactive simulations to help users better understand cyber insurance policies and their coverage.

Significant Scientific Methods

Adaptive Learning Algorithms: Employing machine learning to adapt training scenarios based on user decisions, enhancing the realism and effectiveness of simulations.

Immersive Simulation Techniques: Utilizing 2D/3D animations, voice integration, and interactive mobile applications to create engaging and realistic training environments.

Leadership Team

Key Executives

Ramki Duriseti: Co-Founder & CEO

Professional Background: Over 29 years of leadership and executive experience in the IT industry, providing strategy, solutions, and services for global Fortune 100 clients across insurance and risk management sectors.

Education: Master's in Computer Science & Engineering; Bachelor's in Mechanical Engineering.

Jamie “Jae” McKinney: Co-Founder & Chief AI Officer (CAIO)

Professional Background: 30 years of experience in Property & Casualty (P&C) underwriting, operations, IT, InsureTechs, AI strategy, governance, risk management, compliance (GRC), and AI product management.

Education: Master's in Computer Information Systems; Bachelor's in Business Finance.

Leadership Changes

As of the latest available information, there have been no publicly disclosed significant changes or appointments within Infiniqo's leadership team.

Competitor Profile

Market Insights and Dynamics

The market for cyber risk management and immersive training solutions is experiencing significant growth, driven by the increasing frequency and sophistication of cyber threats. Organizations across various sectors are investing in advanced training programs to enhance their cyber resilience.

Competitor Analysis

Infiniqo operates in a competitive landscape with several key players offering similar solutions:

Living Security: Provides human-centric security awareness training and simulated phishing attacks to improve employee security behaviors.

Doppel: Offers cybersecurity training and awareness programs with a focus on behavioral change and risk reduction.

Cloud Range: Delivers virtual cyber range training environments for organizations to practice and enhance their cybersecurity skills.

Strategic Collaborations and Partnerships

In June 2019, Infiniqo formed a strategic alliance with NetDiligence, a leading provider of cyber risk readiness and response services. This partnership aimed to integrate Infiniqo's Digital Engagement and Empowering Platform (DEEP™) with NetDiligence's offerings, enhancing cyber risk training for insurance partners and policyholders.

Operational Insights

Infiniqo differentiates itself through its innovative use of immersive simulations and gamification in cyber risk training. This approach enhances user engagement and retention, setting the company apart from competitors that may rely on traditional training methods.

Strategic Opportunities and Future Directions

Infiniqo is well-positioned to capitalize on the growing demand for effective cyber risk training solutions. Future opportunities include expanding its product offerings to address a broader range of cyber threats, enhancing AI capabilities for more adaptive training scenarios, and exploring new markets and industries to extend its reach.