Actfore, a leader in AI/ML-powered data mining for cyber breach incident response, announced it has officially spun off from ActiveNav to establish itself as an independent company. The move enables Actfore to focus exclusively on providing legal counsel, insurance carriers, and corporations with rapid on-shore data analysis and to continue delivering actionable insights on compromised information such as personally identifiable information (PII), protected health information (PHI), business partner critical information, and corporate crown jewels.
Actfore’s on-premises U.S.-based approach combines AI/ML tools with deep expertise in sensitive data discovery, disrupting an industry long plagued by pricing uncertainties, delayed timelines, and inaccurate results. And the company’s technology-first methodology ensures rapid, accurate assessments of compromised information, allowing organizations to navigate complex breach notification timelines and quickly determine how to respond to ransomware payment demands.
Since being founded in November 2022, Actfore has delivered over $27 million in revenue through completing 1,000 engagements globally. Trusted by over 25 insurance carriers and 35 law firms, including top Am Law 100 firms, Actfore delivers accurate and timely results. Actfore’s U.S.-based data scientists and analysts ensure the highest levels of security and accuracy, processing client data exclusively on-shore in the company’s secure facilities. Plus, clients retain full control of their data, choosing between Actfore’s secure forensics lab in Virginia or local on-premises deployment behind their firewall.
Actfore’s new independent status comes on the heels of an $8 million investment from Gresham House Ventures (the growth capital and private equity arm of Gresham House, the specialist alternative asset management group that manages £8.8 billion in assets under management). And Gresham House Venture’s Managing Director & Chief Investment Officer, Trevor Hope, has joined Actfore’s Board of Directors, further strengthening the company’s leadership as it expands in the incident response marketplace.
As a proven leader driving revenue growth and scaling organizations, Geyer brings more than 18 years of experience as a seasoned operator strategically transforming organizations in cyber, defense, and data governance. Before founding Actfore, he served as Global CFO and COO at ActiveNav, supporting the company as they transitioned to a cloud-based platform, launching ActiveNav Cloud as their new primary market offering and guiding the organization through two successful funding rounds.
KEY QUOTES:
“This spin-off allows us to focus entirely on the unique challenges faced by organizations dealing with cyber incidents. As part of the agreement with ActiveNav, we have secured the right to use its Discovery Center software so we can enhance it for incident response and continue delivering the accuracy, speed, and flexible pricing our clients need to mitigate cyber risks.”
“Our vision at Actfore is to revolutionize data mining for breach notifications, ensuring sensitive information remains secure and never needs to be sent overseas for manual processing. With our industry-leading speed and accuracy, we offer stronger protection and more reliable outcomes. Having demonstrated our capabilities and delivered consistently strong results, we now need to shift our focus to embedding these advancements into every cyber engagement.”
-Christian Geyer, CEO and Founder of Actfore
“We are proud to have seeded Actfore within ActiveNav, and we look forward to watching it expand its specialized incident response offerings as an independent entity.”
-Peter Baumann
