🏆 Deal of the Week · CW 40/2022
IriusRisk raised EUR 29 million in a Series B round in October 2022; the post-money valuation was not disclosed. The round was backed by 360 Capital, Bright Pixel, Inveready, Paladin Capital Group, and Swanlaab Venture Factory.
IriusRisk — key deal facts
| Company | IriusRisk |
| Founded | 2015 |
| Headquarters | Cuarte, Spain |
| Amount raised | EUR 29M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series B |
| Investors | 360 Capital (https://www.360cap.vc/) Bright Pixel (https://brpx.com/) Inveready (https://inveready.com/) Paladin Capital Group (https://www.paladincapgroup.com/) Swanlaab Venture Factory |
| Sectors | Cyber Security |
Who invested in IriusRisk?
The syndicate combines European venture specialists — 360 Capital, Bright Pixel, Inveready, and Swanlaab Venture Factory — with Paladin Capital Group, a Washington DC-based firm focused on cybersecurity and national-security technology. That transatlantic mix reflects growing institutional demand for threat-modeling solutions on both sides of the Atlantic.
What does IriusRisk do?
IriusRisk was founded in 2015 by Stephen de Vries and Cristina Bentué and is headquartered in Cuarte, Huesca, Spain. The company develops an AI-enhanced threat modeling platform that automates the creation of secure-by-design application architectures, generating threat lists and countermeasures before any code is written. The platform integrates automated threat detection, compliance monitoring, and collaborative security design, enabling enterprise teams to embed security earlier in the software development lifecycle.
IriusRisk valuation & multiples
Explore the benchmarks: Series B Cyber Security.
Frequently asked questions
How much did IriusRisk raise in its Series B?
IriusRisk raised EUR 29 million in its Series B round in October 2022.
What is IriusRisk's valuation?
IriusRisk's post-money valuation was not disclosed as part of this Series B announcement.
Who invested in IriusRisk?
The Series B was backed by 360 Capital, Bright Pixel, Inveready, Paladin Capital Group, and Swanlaab Venture Factory.
When was IriusRisk founded and where is it based?
IriusRisk was founded in 2015 and is headquartered in Cuarte, Huesca, Spain.
Source: original announcement — read the full report.