Cybersecurity Market Review
2elXGia
2elXGia
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Raises $27.5M In Venture Round.<br />
Company Overview<br />
Product Overview<br />
Description<br />
ID Experts, provides software and services to organizations for managing cyber risks and<br />
data breaches, and to consumers to protect and restore their identities from identity theft. It<br />
offers a Data Breach Response that provides digital forensics investigation, data breach<br />
notification and crisis communications, credit monitoring, identity monitoring, and health<br />
monitoring services for the U.S. organizations, attorneys, and insurers.<br />
YourResponse<br />
Data Breach Response<br />
YourResponse is a proprietary, patented<br />
methodology for analyzing and<br />
responding to a data breach incident<br />
that results in the most positive<br />
outcomes.<br />
Complete Identity Protection<br />
MyIDCare is the most complete<br />
solution for protecting privacy,<br />
bringing victims peace of mind and<br />
protecting your organization’s good<br />
name.<br />
Medical Identity Monitoring<br />
MIDAS is our innovative medical ID<br />
alert system. This technology serves two<br />
purposes. It protects individuals from<br />
medical ID theft while also helping<br />
health insurers address fraud & abuse.<br />
Founders /<br />
Management<br />
Founded 2003<br />
HQ<br />
Amount Raised<br />
Portland, Oregon<br />
$32.5M<br />
Bob Gregg<br />
CEO<br />
Rick Kam<br />
President &<br />
Co-Founder<br />
Chris Kane<br />
COO / CIO<br />
Paul O’Mara<br />
Sr. VP, Sales &<br />
Professional Services<br />
Trusted Partners For Data Breach & Identity Protection<br />
Doug Pollack<br />
Chief Strategy &<br />
<strong>Market</strong>ing Officer<br />
ID Experts serve all sizes and industries but specializes in healthcare and government<br />
Government<br />
Largest provider of identity protection services<br />
to the federal government--Tier 1 status on the<br />
GSA Blanket Purchase Agreement for Identity<br />
Protection Services<br />
Health Plans<br />
Increasingly at risk from cyber intrusions,<br />
health plans are becoming proactive in<br />
protecting their members from fraud-ID Experts<br />
solutions are unmatched<br />
Your Response services include:<br />
§ Digital Forensics- analysis on data<br />
breaches<br />
§ Data Breach Notification-quick and<br />
exact notifications of breach<br />
Breach Products Include:<br />
§ Credit Monitoring-credit reports<br />
from all 3 credit bureaus<br />
§ Identity Monitoring- covers all<br />
aspects of a person’s identity<br />
§ Health Monitoring-monitors all<br />
aspects of patient medical records<br />
§ Cyberscan- 24/7 internet<br />
surveillance<br />
Date Stage Amount Raised ($M) Selected Investors<br />
Aug 2016<br />
Venture<br />
MyIDCare is split into two categories:<br />
§ Monitoring-includes credit, cyber,<br />
identity, and healthcare monitoring<br />
§ Recovery-identities are restored to<br />
pre-theft status<br />
MyIDCare includes:<br />
§ Single/Tri Credit Monitoring<br />
§ MIDAS: Medical Identity Monitoring<br />
§ Cyber & Identity Monitoring<br />
§ ID Theft Insurance<br />
§ Recovery Superhero<br />
§ Member Services<br />
Funding Summary: $32.5M<br />
27.5<br />
Midas services include:<br />
§ Protects from Medical Identity Theftmembers<br />
can review claims, keeping<br />
medical records secure<br />
§ Detects Healthcare Fraud- alert<br />
driven model engages members as<br />
first line of defense to identify fraud<br />
§ Engages Members for ACA<br />
Compliance- involves patients more<br />
closely in their care<br />
§ Lowers Healthcare Cost- helps you<br />
identify and respond to fraud much<br />
earlier, thus lowering costs<br />
Trusted By:<br />
Jan 2016<br />
Series A<br />
5.0<br />
31
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