Ostendio was founded in 2013 to address the growing digital healthcare market. Founder and CEO, Grant Elliott, knew from his previous roles as the COO and CISO of a successful healthcare IT company that patient privacy, security, and compliance were paramount to the success of healthcare innovation.
Ostendio’s Saas based MyVirtualComplianceManager (MyVCM™) solution helps companies accelerate revenue, reduce costs and mitigate risk by making it simple to track and display compliance in real-time. MyVCM not only tracks the activity and compliance of each employee, but it also allows companies to benchmark their own performance against other companies on the innovative MyVCM Trust Network. As cyber threats continue to increase, MyVCM allows companies to mitigate their risk against such infiltration.
Ostendio has experienced tremendous growth since 2014. The company now has over paying 50 customers, with 2000+ users, who complete nearly 10,000 compliance and risk related activities a month. Several customers have rolled out MyVCM to 300+ users in their organizations. The company is currently growing approximately 140% per year.
Ostendio also has a deep commitment to the concept that everyone deserves to have access to excellent and affordable healthcare. As a result, the platform is offered for free – or for a heavy discount – to non-profits. The company also gives employees paid time off for volunteer opportunities.
Ostendio is developing a reputation as a pioneer in the field of ‘RegTech’ which is driven in part by the thought leadership demonstrated by its founder, Grant Elliott.
How we are different
• Developed an innovative product which builds and manages a robust information security and compliance program with digital healthcare companies, to ensure that the company is always audit ready.
• Ostendio is committed to donating a minimum of 1% of its annual revenue to causes that further access to affordable care for anyone in need.
• In under three years, the company has grown to over 2000 users and more than 50 customers in 4 continents.
About this category: Best Cybersecurity Startup
The Cybersecurity Excellence Awards recognize young cybersecurity companies with early proof that their product or service works. There is no limit on age or funding: any company that considers itself a startup can enter.
An independent jury of security practitioners, analysts and CISOs scores each nomination on leadership, innovation and impact. Each nomination competes in its category against organizations of similar size and region. Entry packages, sponsorship and public votes do not affect the jury's scores.
A separate award decided by public vote, independent of the jury awards. Each completed share of a profile on LinkedIn, Facebook or X counted as one vote.
2027 award season
Nominations closeFebruary 27, 2027
Jury winners announcedWeek of March 22
Community Choice voting closesJuly 10, 2027
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Also nominated in Best Cybersecurity Startup, 2017
