CyberSmart secures $10m Series A funding from IQ Capital, Eos Venture Partners, and Winton Ventures
The round was backed by IQ Capital, Eos Venture Partners, and Winton Ventures to enhance product capabilities and expand internationally.
CyberSmart provides simple and accessible automated cybersecurity technology designed to protect small and medium enterprises. The platform offers continuous device assessment, compliance support, and integrated insurance coverage.
CyberSmart has successfully completed an oversubscribed Series A funding round to support its ongoing international expansion and product enhancement. The investment was backed by IQ Capital, alongside participation from Eos Venture Partners and Winton Ventures.
The company provides automated security and insurance solutions tailored for small and medium enterprises, addressing a significant protection gap in the market. The fresh capital will be directed towards scaling operations and developing channel partnerships across the UK and international markets.
Existing backers and angel investors also contributed to the raise, demonstrating continued commitment to the firm's growth trajectory.
From the founder
"The amount of support we have received thus far is humbling, and just goes to show the gap there is in the market for our offering. Cybersecurity solutions are often tailored to large enterprises with extensive teams and resources, whilst SMEs are left behind. With the help of our investors, we are challenging this mentality,"
Jamie Akhtar
CEO and co-founder at CyberSmart
Investor perspective
"We also think that CyberSmart can play a key role in developing the SME cyber insurance space."
Antoine Pechin
Vice President, Winton Ventures
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
CyberSmart
CyberSmart provides automated cybersecurity and compliance technology for small businesses.