Fundz

Coimbra-based cybersecurity startup ETHIACK raised €4 million in seed funding led by Explorer Investments to enhance its AI-driven cybersecurity solutions and expand internationally.

PRIVATEDec 12, 2024

Amount Raised

€4 Million

Round Type

Seed

CoimbraInformation TechnologySecurityCyber SecurityNetwork Security

Investors

CoreAngelsPaulo MarquesStart VenturesAmena VenturesAralabStartup Wise GuysExplorer Investments

Description

ETHIACK secured €4 million in seed funding to accelerate the development of its AI-driven cybersecurity solutions. The funding will help ETHIACK launch the next generation of its Automated Continuous Pentesting technology.

Quick answer

ETHIACK raised €4 Million in a Seed round, dated December 12, 2024. Investors: CoreAngels, Paulo Marques, Start Ventures, Amena Ventures, Aralab, Startup Wise Guys and Explorer Investments. ETHIACK is based in Coimbra, Coimbra, Portugal.

How much did ETHIACK raise?
ETHIACK raised €4 Million in a Seed round on December 12, 2024.
Who invested in ETHIACK?
CoreAngels, Paulo Marques, Start Ventures, Amena Ventures, Aralab, Startup Wise Guys and Explorer Investments are named as investors in this round.
What does ETHIACK do?
Ethiack is the Ethical Hacking platform for the digital age.
Where is ETHIACK based and how big is it?
ETHIACK is based in Coimbra, Coimbra, Portugal. Fundz records about 26 employees.
Who are the decision-makers at ETHIACK?
Fundz holds 2 contacts at ETHIACK. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

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

  • Frenos raised $4.9M (Seed) on January 17, 2025.
  • SCATR raised $1.4M (Seed) on January 15, 2025.
  • Wultra raised $3.1M (Seed) on January 15, 2025.
  • Vault Cloud raised $23M (Series B) on December 20, 2024.
  • Tuskira raised $29M (Funding Round) on December 4, 2024.
  • AI Spera raised $9M on November 26, 2024.

Who to call at ETHIACK, and when

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

  • An alert the day ETHIACK raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ETHIACK, from your own LinkedIn network

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Company Information

Company

ETHIACK

Location

Coimbra, Coimbra, Portugal

About

Ethiack is the Ethical Hacking platform for the digital age. Our autonomous offensive security powered by hackers and AI identifies vulnerabilities instantly, allowing tech teams to focus on building.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment ETHIACK raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Predictive Intelligence
Strategic

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

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.