What is IriusRisk?
IriusRisk operates as an industry leader in automated threat modeling and secure software design. By integrating security protocols directly into the architectural phase of the software development lifecycle, the firm enables organizations to identify and mitigate potential flaws before a single line of code is written. This design-first approach is essential for modern enterprises navigating an era of sophisticated cyber-attacks, effectively shifting security left to reduce long-term remediation costs and enhance overall system resilience.
How much funding has IriusRisk raised?
IriusRisk has raised a total of $35.7M across 2 funding rounds:
Series A
$6.7M
Series B
$29M
Series A (2020): $6.7M with participation from Sonae Investment Management, Swanlaab Venture Factory, 360 Capital Partners, Paladin Capital Group, and JME Ventures
Series B (2022): $29M led by Paladin Capital Group, 360 Capital Partners, BrightPixel Capital, Inveready, and SwanLab Venture Factory
Key Investors in IriusRisk
Paladin Capital Group
A global multi-stage investment firm specializing in venture capital and growth financing, with a deep focus on scaling companies through operational acumen and strategic industry relationships.
360 Capital Partners
A European-focused venture capital firm that invests in innovation at scale, leveraging over 60 years of collective experience to support high-growth technology companies.
Sonae Investment Management
The technology investment arm of Sonae Group, focusing on cybersecurity and retail technology with a portfolio spanning early to growth-stage ventures.
What's next for IriusRisk?
With the backing of major institutional investors, IriusRisk is well-positioned to scale its operations and expand its global footprint. The recent capital injection will likely be directed toward enhancing its automated threat modeling platform, deepening its integration capabilities with existing DevOps pipelines, and scaling its go-to-market strategy. As software continues to underpin the global economy, IriusRisk is poised to capitalize on the growing necessity for secure-by-design methodologies, ensuring that enterprise-level security remains robust against evolving threat vectors.
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