# Blackpanda

> Blackpanda is a Singapore-based cybersecurity company that treats a cyberattack like a 911 emergency. Founded by former US Army Special Forces officers, it delivers rapid digital forensics and incident response across Asia and packages it into a subscription platform, IR-1, that bundles fixed-cost 24/7 response, weekly attack-surface and dark-web scans, and cyber insurance underwritten in-house through its own Lloyd's of London coverholder. The pitch: enterprise-grade breach response and coverage for small and mid-sized businesses at a fraction of the traditional cost.

- **Founded:** 2015
- **Headquarters:** Singapore, Singapore
- **Founders:** Gene Yu (Co-Founder & CEO), Matt Pecot (Co-Founder), Kevin McCaffrey (Co-Founder)
- **Team size:** ~61 employees
- **Products:** IR-1, IR-X, Attack Surface Readiness (ASR), Cyber Insurance (Blackpanda Underwriting), Emergency Incident Response & Digital Forensics
- **Notable:** Became Asia's first and only pure-cyber Lloyd's of London insurance coverholder via underwriting authority from Chaucer., Raised US$21.7M total, including a US$15M Series A (2023) and a US$6.7M strategic round (2024)., Signed a strategic partnership with the Cyber Security Agency of Singapore.

## Products & services

- **IR-1** — Fixed-cost incident response subscription with 24/7 emergency dispatch and a 4-hour SLA, bundling attack surface scans, dark web monitoring and automated access to cyber insurance.
- **IR-X** — IR-1 plus flexible consulting hours for preparation services such as playbooks, tabletop exercises and purple teaming.
- **Attack Surface Readiness (ASR)** — Weekly external vulnerability scans and dark web monitoring that surface security gaps before attackers exploit them.
- **Cyber Insurance (Blackpanda Underwriting)** — Lloyd's of London-backed cyber policies underwritten in-house, covering up to US$10M per policy, with pricing informed by ASR and readiness posture.
- **Emergency Incident Response & Digital Forensics** — Rapid breach containment, forensic investigation, compromise assessments and threat hunting delivered by local responders across Asia.

## Achievements

- Became Asia's first and only pure-cyber Lloyd's of London insurance coverholder via underwriting authority from Chaucer.
- Raised US$21.7M total, including a US$15M Series A (2023) and a US$6.7M strategic round (2024).
- Signed a strategic partnership with the Cyber Security Agency of Singapore.
- Reported ~140% year-over-year revenue growth in Hong Kong in H1 2024.
- Built regional response coverage with offices in Singapore, Hong Kong, Tokyo, Manila and San Francisco.

## Latest updates

- **2026-01** — CNBC and Tech Startups profile Gene Yu's journey from Green Beret to CEO of a cybersecurity company that has raised over $21M.
- **2024-11** — Blackpanda and the Cyber Security Agency of Singapore ink a strategic partnership on emergency response and insurance.
- **2024-09** — Closes US$6.7M strategic round co-led by Singtel Innov8 and Gaw Capital, bringing Series A total to US$21.7M.
- **2023-01** — Closes US$15M Series A co-led by Primavera Venture Partners and Gaw Capital Partners.

## Links

- Website: https://blackpanda.com
- LinkedIn: https://www.linkedin.com/company/blackpanda
- Twitter/X: https://twitter.com/BlackpandaJapan
- Facebook: https://www.facebook.com/BlackpandaPteLtd/

---

Profile page: https://yespress.io/blackpanda
Published by YesPress — https://yespress.io
Last updated: 2026-08-05