Searchlight Cyber is acquiring the cyber risk management company Intangic, enhancing Searchlight’s ability to help organizations measure, monitor, and mitigate cyber risk across their external environments and further broadening its unified platform for external threat visibility.
Intangic has been working with Searchlight for the last five years, using its dark web data as one of the core datasets in its cyber risk models. The acquisition brings Intangic into Searchlight, providing enterprises with one company to both assess their cybersecurity risk and mitigate at a technical level, Searchlight said. Its risk models will also enhance the Third-Party Risk Management capabilities of Searchlight Cyber’s platform.
“I am very pleased that the Intangic team will be joining Searchlight, a company we have worked in close collaboration for years. Bringing our tools together will allow enterprises to assess their cybersecurity risk based on attacker behavior and then immediately take action to mitigate it, a hugely powerful combination for both security and business leaders. I’m excited to continue our journey as part of Searchlight and to see how together we can deliver even greater impact for our customers,” said Ryan Dodd, co-founder and CEO of Intangic.
The acquisition of Intangic continues the growth strategy outlined by Searchlight following the 2024 investment from Charlesbank Capital Partners, to accelerate the company’s expansion through a combination of organic growth and strategic acquisition of complementary, best in class technologies. It marks Searchlight’s second acquisition of 2025, following the purchase of Attack Surface Management leader Assetnote in January, the company said.
Founded in 2021, Intangic is a pioneer in cyber risk management, using proprietary data science techniques to assess the probability of cybersecurity incidents and technology-related losses.
Its platform is used by enterprises to benchmark their cybersecurity risk against their peers, accurately estimate potential financial fallout, and identify the areas in which they are most exposed. By translating external threats into the language of risk and financial impact, Intangic elevates cybersecurity to a business issue, helping security professionals to justify and secure board level backing for their cybersecurity efforts, according to the company.
“The acquisition of Intangic is a natural fit for Searchlight, having worked closely with their team since 2019. Both companies share a data-driven, technology-focussed approach and a commitment to delivering measurable value to customers. Intangic’s unique model for quantifying cyber risk—combined with Searchlight’s dark web intelligence and attack surface management capabilities—will allow us to deliver even deeper, more actionable insights to our users. Ryan and his team will be a great addition to the Searchlight family,” said Ben Jones, co-founder and CEO of Searchlight Cyber.
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