TrustSpace develops software-as-a-service that protects SMEs from the growing threat of cybersecurity attacks.

TrustSpace

A 400-person manufacturer in Baden-Württemberg has the same attackers as a Berlin SaaS company, the same regulators, and the same certificates to earn. What it doesn't have is everything in the cloud. It has machines on the shop floor, servers in the basement, a two-person IT team, and thirty years of systems that were never designed to be audited. New requirements like NIS2 pull tens of thousands of companies into scope that have never been audited before. While VC-funded players chased startups and enterprises already in the cloud, Trustspace built for the typical Hidden Champion. It gets companies compliant, then gives them the tools to stay compliant with almost no ongoing effort. The audits get passed. More importantly the protection is real, as attacks get more sophisticated and requirements keep getting heavier. The backbone of the German economy is not cloud native. It's essential and absolutely worth protecting it. Trustspace is leading the charge.

Founders:

Julius Gerhard, Masih Sediquian

Launched:

2021

Industry:

Cybersecurity

Applied Tech:

AI, Cloud

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Introduction

TrustSpace is a compliance automation tool trusted by clients and partners from over 10 countries. The solution enables companies of all sizes to protect their systems, processes and assets against cyberthreats. This helps them to comply with industry standards and receive important certifications without going through lengthy inspection and consulting services. 

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Identification of specific corporate risks

By systematically and continuously scanning for risk factors, companies can identify potential threat scenarios early and proactively address them.

Proactive compliance with industry standards

Rather than reactively implementing minimum requirements, TrustSpace proactively aligns with business-specific security standards and regulatory changes.

Reducing liability and business risks

TrustSpace significantly minimizes liability risks for executives as well as company-specific risks. This leads to lower insurance premiums and improved credit ratings.

Easier trust building with prospects

Comprehensive IT security systems enhance trust with potential customers and partners. They also accelerate sales processes through effortless and fast verification of IT security standards.

Optimizing processes and reducing costs

By managing IT security through a single tool with comprehensive workflow automation, maintenance and improvement processes are streamlined, resulting in significant cost reductions.

No matter whether you are a 15-person startup or an international medium-sized company, information security and certification requirements impact businesses of all sizes and industries.

Increasing cyberattacks are driving stricter security requirements across all sectors. In Germany alone, the cost of cybercrime reached €220 billion in 2021—nearly double the figure from the previous year.

Keeping up with cybersecurity remains a complex, highly fragmented, and under-digitized challenge. TrustSpace is on a mission to automate and radically simplify information security processes through a modern SaaS solution.

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Limited funding, lots of impact

TrustSpace was able to achieve a significant market position in the European SME sector with maximum ressource efficiency.

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Radical simplification as key to success
As a first-mover, TrustSpace team around its founders Julius Gerhard and Masih Sediquian (pictured) was maneuvering unchartered territory. Among the key challenges were integrations into varying legacy systems and heterogenous documentation levels while providing customers with a transparent fixed-quote pricing. TrustSpace customers can now obtain the desired ISO certification in five simple steps. On average, they need 12 weeks for the introduction of a holistic Information Security Management System (ISMS).

With the ISO 27001 certification standard, one can easily demonstrate a globally recognized IT security standard that is now required by an increasing number of companies. The TISAX certificate is the applicable standard for information and cyber security in the automotive industry.

TrustSpace has chosen this certification as an efficient go-to-market and is now one of the leading certifiers in this segment.

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Julius Gerhard

Co-Founder & Managing Director at Trustspace

What our partners say:
"With the support of GoTeams, we were able to build one of Germany’s leading cybersecurity platforms within just a few years. Today, we protect the German Mittelstand – thanks to GoTeams’ outstanding work. Here's to a continued great partnership.
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