Fundz

CultureAI raises €9.1 million in a Series A funding round jointly led by Mercia Ventures and Smedvig Ventures

PRIVATEJul 17, 2024

Amount Raised

€9.1 Million

Round Type

Series A

OtherPrivacy And Security

Investors

SenovoPassion CapitalSmedvig VenturesMercia Ventures

Description

Manchester-based CultureAI has closed a €9.1 million Series A funding round jointly led by Mercia Ventures and Smedvig Ventures, with existing investors Passion Capital and Senovo also continuing their support. CultureAI aims to revolutionize the way organizations manage human cyber risk with its data-driven Human Risk Management Platform.

Who else raised in Privacy And Security around the same time

Companies in the same sectors as CultureAI that raised within 45 days of this round, from Fundz verified event records.

  • Duos Technologies raised $2.2M on July 22, 2024.
  • Zitadel raised $4M on June 28, 2024.
  • Huntress Labs Inc raised $150M (Series D) on June 18, 2024.
  • Huntress Labs Inc raised $180M on June 7, 2024.

Who to call at CultureAI, and when

A new round usually means CultureAI is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at CultureAI, from your own LinkedIn network

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Company Information

Company

CultureAI

About

CultureAI helps organisations move beyond security awareness training to measure and improve human cyber risks and behaviours. Unlike traditional security awareness training, CultureAI continuously quantifies actual human risks and behaviours, turning those insights into two types of interventions - technical and educational. Technical interventions aim to mitigate the immediate risk with powerful human-centric orchestration, whilst educational interventions prevent re-occurrence by coaching employees with individually tailored security education, gamification & security rewards to change behaviour.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

CultureAI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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