Red Piranha Ltd

Consolidated Cyber Security Platform & integrated service offering that protects, detects, & responds to threats (network, endpoint & cloud), meshed with a 24/7 Security Operations Centre ~600 US ARR.

1.9m R 574k ARR up 500% from first launch year in 2021. Forecast 400% ARR growth over the next 24 months to 3,058m.Red Piranha (RP) built our capacity and maturity in the Australian domestic market with a recent launch private subsidiary in India. RP now has 20% revenue from International market with little to no marketing investment. We manufacture our own product both in Australia and India and have recently gained traction into the US and ready for investment to expand boots on ground in the US and other international markets. We are taking market share from Palo Alto / Fortinet and others.

Red Piranha’s CSP is scalable from small business to medium to enterprise, govt. or defence. Red Piranha faces a TAM of $30bn (min just for network security alone), a SAM of $7.3bn, and a SOM of $150mn

Security leaders continue to be asked to do more with less — more demand for service, against a fast-changing threat landscape and insufficient technical talent. Too many cyber tools that focus on one single area, are not integrated, unmanned, across multiple panes of glass. Businesses can not keep up with all the tech.
Security platforms (XDR competitors) fail to effectively share data X control planes; leverage consolidation to define common policies and reduce gaps and vulnerabilities. Complexity has led to increased support/data costs, lower operational efficiency, poor security.

A Consolidated Security Platform (CSP) and integrated service offering comprising of Red Piranhas Crystal Eye XDR (Extended Detection & Response) – proprietary, sovereign-built platform that protects, detects, & responds to threats across a business’ entire attack surface (network, endpoint and cloud), meshed with a 24x7 SOC, intelligence, risk management and consulting capabilities.

More than 44% of the market is controlled by 3 companies – all based out of the US. Palo Alto, Cisco and Fortinet although none have a TRUE Consolidated Security Platform. Other vendors and/or "XDR alliances" where Extended Detection and Reporting (XDR) have taken a legacy approach in a vendor wrapper type model where they have;

Bolted on (through procurement / acquisition) a set of unintegrated or lightly integrated products in a buying package with multiple consoles / dashboards. Little to no integration and synergy.

XDR aggregates security data from multiple sources – when those sources are not integrated in synergy through security architecture then the data fails to capture and query the exploits.

Founded in 2015, Red Piranha has built its Consolidated Security Platform (CSP) from the ground up and our Crystal Eye (CE) propriety product is Australian owned and developed IP.

With International trademarks and patents & with a Defense Export Permit by the Australian Department of Defense, allowing it to export Crystal Eye technology to foreign governments.

With extensive IP building already completed and live testing right up to our commercial launch in 2021.

Red Piranha is ahead of its time with the evolution of our CSP and our CE product driven by architectural forward thinking in its platform leveraging;

Interdependencies and commonalities in meshing adjacent security systems into one ecosystem. Integrating consoles / dashboards for common functions.
Cyber Security Mesh Architecture (CSMA)
- A standardized and responsive security approach
- Distributed architecture that is flexible, scalable, and reliable
- Prevention from hackers exploiting different parts of a network

Online - Automated Sales

B2B - Managed Service Providers
- Partner Sales.
- 365 partners have initiated contracts, and we are now working partners through our training and onboarding process.
- 44 partners actively selling.

Government Defense & Large Enterprise
- Direct to CISO & team

Our product Crystal Eye is scalable with Red Piranha currently expanding its product offering into larger enterprises and government organizations.

With investment to scale Red Piranha’s Target is 0.5% Market share by 2030 end = ~120m – 150m
- Asia Pac (With a focus on Australia & India)
- Global with US as a focus

SaaS or On Prem. - Security Hardware and Software with integrated services. Land and expand with upfront and recurring license fees.
Scale with Channel Partners, Indirect via Consultancy and Online store.
Core Vertices
- Mid-market - Enterprise
- Financial Services
- Defense
- Health
- Government
Current core Market is Australia, India and APAC. Expanding US / Global.

Capital to fund GTM strategy and accelerate growth; Further product R&D, Partnerships, integrations; Increase BDM support / International sales coverage and customer success.

Crystal Eye is scalable with Red Piranha currently expanding its product offering into larger enterprises and government organizations.

IDC’s analysis - growth in the Asia Pacific network security market, is set to hit US$7.32 billion by 2025. The fastest growing region.

With investment to scale Red Piranha’s Target is 0.5% Market share by 2030 end = ~120m – 150m
- Asia Pac (With a focus on Australia & India)
- US & Others

Ordinary Shares - Valuation TBD

Capital is our main risk.

D. Start - D. Start is an initiative under Next Generation Technologies Fund’s Defense Research Accelerator program in Australia. Red Piranha is a member of Team Defense Australia.
DISP - Defense Industry Security Program (DISP). The Program supports Australian entities to understand and meet their security obligations when engaging in Defense tenders, contracts and projects.

Most recently during this year’s RSA Conference in San Francisco at the 12th annual Global InfoSec Awards Red Piranha won three awards - Next Gen Extended Detection and Response Award, Advanced Persistent Threat Detection and Response Award, and SOC-as-a-Service Award.

We previously won RSA's Global InfoSec Awards - Next Gen Extended Detection and Response Award, 2023, 2022 and 2021 (the year we launched our product to market) competing against $BN market cap companies i.e. Palo Alto / CISCO / Fortinet etc.

Red Piranha proudly holds numerous awards (please see our pitch deck), is a member of Team Defense Australia, and is the first Oceanic member and the top contributor to the Cyber Threat Alliance out of Washington.

Red Piranha solely owns or has agreement with its consortium partners. 

Our trademarked Crystal Eye SOAR and XDR platform incorporates a next-generation Intrusion Detection System (IDS) and Intrusion Protection System (IPS), working alongside Patented and Licensed IP owned by Red Piranha.

Advanced packet inspection capabilities with gateway anti-virus, anti-phishing, full packet decryption and network security monitoring. Integrated risk management and Security Operations Centre (SOC) software IP is all solely owned and developed by Red Piranha.

Holds Australian, USA and Europe Patents held on Advanced Encrypted Network Traffic Protections.

Integrated and solely owned Cyber Treat Intelligence ecosystem, first company in APAC to be invited to join the global Cyber Threat Alliance based out of Washington US.