Elevate Security named to top 40 intelligent application list

SAN FRANCISCO – Elevate Security’s name has been added to the 2023 Intelligent Applications Top 40 (#IA40) list.

This industry-driven list (sponsored by Madrona Ventures, Microsoft, AWS for Startups, McKinsey, and PitchBook) identifies top companies at different stages of growth that are building applications with AI and GenAI. For the 2023 IA40 list, Madrona said it solicited the top venture investors in AI for nominations of the private companies they believe will transform and define the next generation of technology. Out of those 350 nominated companies, 60 venture investors at 50 firms voted on their top choices which Madrona then worked with PitchBook to apply its AI-driven algorithm that predicts outcomes for private companies to create the final list.

“We’re thrilled to be included in this prestigious list of innovative companies. Elevate Security is helping customers reduce workforce risk, the primary source of workforce related cyber incidents, by up to 70%. today. Our research proves that 8% of users generate 80% of cyber-attacks,” said Robert Fly, CEO of Elevate.

Elevate Security is a cybersecurity company that said it works to address human risk in enterprises by helping them proactively identify and safeguard their riskiest users.

“AI and GenAI are changing the landscape of the software and hardware industry today, and we expect the companies recognized as top IA40 companies will lead the way in helping information workers more quickly understand complex data, creatives build amazing experiences, developers become more productive, and consumers experience magical moments — and frankly things we haven’t thought of yet,” Madrona Managing Director Matt McIlwain said. “As a decades-long investor in this space, we are excited to see the incredible pace of innovation and congratulate the team at Elevate Security. We look forward to tracking your progress.”

The full top 40 list is available online at www.ia40.com.