BlackSwan Technologies

Company Overview

Snapshot

Founded in January 2014 by Michael Ouliel and Elinoar Ouliel, BlackSwan Technologies operated with 51–200 employees. The company secured funding across 2 rounds from 3 investors, with Prytek Ventures participating as a lead investor. In January 2025, the company was acquired by HUB Cyber Security.

Business overview

BlackSwan Technologies is an AI-based cognitive operating system provider focused on digital transformation for enterprises. The company's core product, ELEMENT, is a SaaS enterprise AI operating system designed to unlock data value by combining information sources with artificial intelligence, cognitive computing, and contextual analytics. This technology generates insights and enhances decision-making for data-intensive organizations, serving markets including global banks, fintech firms, and governments within the business software sector.

Strategic signal

In January 2025, HUB Cyber Security completed its acquisition of BlackSwan Technologies. This strategic move is intended to bolster HUB's cybersecurity and data fabric offerings, particularly for financial institutions, and is projected to generate over $25 million in additional bookings for HUB in 2025, signaling a significant expansion in AI-powered data solutions for the enterprise market.

Company Intelligence Q&A

What was the most significant recent corporate development for BlackSwan Technologies?

In January 2025, BlackSwan Technologies was acquired by HUB Cyber Security Ltd. This acquisition is expected to enhance HUB's capabilities in cybersecurity and data fabric technology, particularly for banks and financial institutions.

When did BlackSwan Technologies raise its last disclosed funding round?

In October 2020, BlackSwan Technologies raised a funding round with participation from.

What is BlackSwan Technologies' flagship product?

BlackSwan Technologies' flagship product is ELEMENT, a SaaS enterprise AI operating system that leverages artificial intelligence, cognitive computing, and contextual analytics to generate insights and improve decision-making for enterprises.

What was the strategic importance of the acquisition by HUB Cyber Security?

The acquisition by HUB Cyber Security in January 2025 aimed to strengthen HUB's position in the cybersecurity and data fabric technology sectors, enhancing its offerings in secured data management and compliance solutions for the financial sector. The combined operations are projected to address a market opportunity exceeding $12.91 billion.

What was the impact of BlackSwan Technologies' KYC on Demand platform?

In May 2020, BlackSwan Technologies launched KYC on Demand, a high-performance SaaS platform enabling financial institutions to onboard new customers and meet compliance regulations. This platform utilizes cognitive computing, AI, and Knowledge Graph technologies, leading to significant effort reductions and increased productivity for its users.