Wouldn’t it be amazing if a company, government or brand could predict risks, such as fires, strikes or protests and act to prevent or manage them?
Cytora is a risk-analysis platform, focusing on supply chains and corporate risk, collecting data from 80,000 sources around the web, cleaning it and putting it into context. Customers can then assess the short-, medium- and long-term risks of sourcing products or components from particular regions, viewing risks on a dashboard.
Founded by Andrzej Czapiewski, Richard Hartley, Joshua Wallace and Aeneas Wiener in 2012, Cytora closed a second funding round led by the University of Cambridge in October 2015, saying it was “oversubscribed”, but not disclosing how much was invested. Wiener says: “We push alerts within minutes of an event breaking online, giving our clients the opportunity to mitigate risk early and keep costs low.”