Essert

Essert is a declarative AI-based platform that generates apps for regulatory cyber compliance. We generated enterprise apps for SEC cyber rules compliance and AI governance.

We closed $4.75 Million in partner revenue commitments. We have several customers paying, many 3 large logo customers piloting.

Recently the MGM cyber attack led to $100 million loss. MGM made an 8-K disclosure. SEC's new rules make this disclosure mandatory starting Dec 2023.

Navigating SEC compliance is complex & hard. Too many cyber incidents and too little time to process them for materiality and disclosure.

Companies must comply or risk fines and shareholder lawsuits. Too many delays may result in revocation. The risk of delisting has just increased slightly.

Essert is a SaaS solution for the new SEC cyber rules. Essert automates incident materiality, identifies the risks, triggers security assessments, and more. We started demonstrations in the middle of September and have a few pilots, in motion.

Our business model is B2B, SaaS.

The distinct model is Partner-led; which implies partners are enabled to sell to enterprises. We expect customers to pay $50-$100K in Annual recurring revenue.

Tampa Bay Wave Cyber Accelerator program.