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Tamara Williams | Managing Director | |
(385) 600-1871 |
OVERVIEW
Buckler, LLC, a Government Risk and Compliance (GRC) SaaS cyber program, is raising $3.5 million of equity to grow its business management platform.
Streamlines compliance by automating policies, procedures, and associated tasks across various cybersecurity domains, including governance, risk management, and business continuity.
Patentable AI-driven methodology called Policy Match to quickly adapt to evolving regulations.
Problem: Most highly regulated organizations struggle to meet stringent requirements and face significant risks, including fines and denied insurance claims when a data breach occurs
Competitive Advantage: Unique policy matching capability, which will be enhanced with AI in 2025 automates compliance and readiness for exams, audits, breaches and cyber insurance claims
Awards: Buckler won the Best New Technology Award in March 2023 at the T3 Conference
Revenue: Currently generating revenue; subscription model
Management Team: A highly capable management team comprised of serial entrepreneurs with extensive experience in both enterprise and startup environments and expertise in financial services cybersecurity compliance
CURRENT PROBLEM
Vincent Guyaux
Founder & Chairman
Apple Sales, Business Consulting, VC-Hired CEO,
Financial Services, Harvard Cyber Risk Mgt Certificate
Expertise in corporate management, sales, and business development in North America, Asia, and Europe. Has built a network of contacts over the years in financial services, high-tech, manufacturing, consumer electronics, advanced materials, and investment communities. Founder and Chairman of the Board at Buckler, a cybersecurity Program management system, business Advisor at Managed Cybersecurity Service Provider FCI, and Advisory Board Member at Open VRM, a free vendor risk management platform. Prior to that, was President & CEO of Metafoam, a metal foam manufacturer offering cooling solutions for computers, President & CEO of Imaginum, a fabless chip manufacturer, President of Embrase Business Consulting, General Manager of Mindready’s Embedded Systems Division (TSX: MNY), Vice President of Sales and Marketing at Locus Dialog (acquired by InfoSpace, NASDAQ: INSP) and Sales Manager at Apple, winning two President Club awards for sales achievements. Was trained by the Chasm Institute and MIT Sloan School of Management. From 2006 to 2019, guest-lectured on creating business plans for McGill University’s MBA students. College Degree in Computer Science and a Cybersecurity Risk Management Certificate from Harvard University.
Scott Smith
CEO
Compliance Firm FactRight CEO, Ameriprise Director Investments,
Licensed Attorney
Over 20 years’ experience developing and growing teams selling to the financial services industry. Prior to joining Buckler, served as CEO of Flatirons Asset Management, a boutique investment firm specializing in alternative assets, leading the organization’s strategic vision, business development, and operational excellence. Over 15 years of experience in the capital markets industry. Proven track record of creating and executing innovative products and solutions around compliance and regulatory needs of financial services firms. Passionate about building and growing relationships, cultivating organizational growth, and designing a collaborative and adaptive business culture. Leveraging expertise in real estate, private equity, and 1031 exchange transactions to identify new market opportunities, source and negotiate complex deals and manage risk and compliance. Empower and mentor a diverse and talented team of professionals, fostering a culture of excellence, integrity, and innovation. BA in Political Science and Economics and a Juris Doctorate from the School of Law, both from the University of Missouri-Columbia. Licensed to practice law in the States of Missouri and Minnesota.
Vahe Kalusyan
CFO
Corporate Finance, Financing, Private Equity, $350 M 2022 Exit
Over 25 years of experience across various company profiles and types – from start-ups to large public global groups & from manufacturing to servicing. Brings an entrepreneurial and structured approach to enable companies to achieve their optimal financial performance. In 2022, was the CFO of a company that sold for $350 MM. With experience in a variety of industries including Pharma, Technology, Cyber, and Fintech, offers a wide range of services including interim CFO, M&A support, ERP implementation, leadership, and coaching. Areas of focus include:
- Supporting growth, business planning, financial modeling, and coaching.
- Supporting strategic transactions (M&A, due diligence, target & project evaluation)
- Providing efficient, pertinent, automated, and simplified financial reports and forecasts.
- Structuring and optimizing financial, accounting, tax, and statutory functions
- Implementing tools (ERP, CRM), processes, and automated dashboards.
- Optimizing business structures & profitability through costing, forecasting, and modeling.
MBA in Finance from HEC Montreal. CPA.
Brent Clark
President
Operations, Accounting, Open VRM
A diverse background across multiple industries in different operational, managerial, and technical roles, has provided depth of understanding in launching and running national and international businesses with teams of great people. This diversity and experience allow to lead operations and execution at Buckler as the company navigates the cybersecurity landscape in highly regulated industries to support enterprises, branches and agencies organizations with strong cyber program management and vendor risk management tools.
Adam Wasserman
CTO
IATA CTO, Business Consulting, Low Code Startup
Brings order to chaos, aligns technology with business, and rallies diverse actors around common goals. Has stronger technical skills than usual for a business leader and has stronger business skills than usual for a technologist. Author of popular articles on the history of programming, and of a book: The Chaos Factory: The Inside Story of Corporate IT Failure. Career has spanned all aspects of information technology from network engineering and server infrastructure to development of computer software, to operations and customer support. Has a track record of success with companies of all sizes. From being CTO at IATA, with 24/7 operations and a staff of hundreds in 80 countries worldwide, to Director of Operations and Technology at Groupe Viva, a small company with an IT team of three experiencing a dramatic growth from 24 customer installations to over 230.
Pamela Rasey
CMO
Telco Product Launch, Business Consultant, Growth Strategist, VC Analyst
Over 30+ years of experience in a range of industries. Has worked with small and large companies and investors to align offerings with markets to drive business and growth results. Background in sales, marketing, business development, and partnerships enabling a quick understanding of ecosystems and drivers that can spark innovative strategies. Sample expertise in:
- Research support for growth, opportunity analysis, mergers and acquisitions, and brainstorming
- Company and product positioning
- Investor marketing due diligence
- Research and validation of current/new market opportunities
- Competitive analysis
- Market research and market mapping
- Ecosystem views
- Gap Analysis and SWOT
- Go-to-market strategy recommendations
- Sales, business development, and partner recommendations
- Voice of the customer surveys
BS in Business and Sports Management from the University of Dayton.
SPECIFIC RISKS
- Insufficient budget to scale quickly, allowing competitors to gain ground
- Indirect competitors that specialize in certification expanding their offerings to include cybersecurity regulations
- Status quo: firms opting to maintain current practices, thus remaining vulnerable to breaches and non-compliance risks
- Potential reversal or stagnation in the progression of cybersecurity regulatory requirements, which may be driven by political pressure
- The comprehensive understanding of regulations and Buckler’s unique “secret sauce” (Policy Match) relies heavily on a single individual
- Uncertainty regarding market fit in future verticals
- Private securities are speculative, illiquid, and carry a high degree of risk – including the loss of the entire investment.