Flare raised $30M in a Series B funding round led by Base10 Partners to accelerate growth in Security Intelligence and Threat Exposure Management markets.
Amount Raised
$30 Million
Round Type
Series B
MontrealSoftwareSecuritycomputer & network securityInvestors
Description
Today, Flare announced a $30 million Series B round led by Base10 Partners, with participation from Inovia Capital, White Star Capital, and Fonds de solidarité FTQ. The funding will support Flare's expansion in Europe and enhance its cybersecurity capabilities.
Quick answer
Flare raised $30 Million in a Series B round, dated December 11, 2024. Investors: Inovia Capital, White Star Capital, Fonds De Solidarité Ftq and Base10 Partners. Flare is based in Montreal, Quebec, Canada.
- How much did Flare raise?
- Flare raised $30 Million in a Series B round on December 11, 2024.
- Who invested in Flare?
- Inovia Capital, White Star Capital, Fonds De Solidarité Ftq and Base10 Partners are named as investors in this round.
- What does Flare do?
- Flare is a leading Digital Footprint Monitoring provider based in Montreal, Canada.
- Where is Flare based and how big is it?
- Flare is based in Montreal, Quebec, Canada. Fundz records about 140 employees.
- Who are the decision-makers at Flare?
- Fundz holds 3 contacts at Flare, including the Chief Marketing Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and computer & network security around the same time
Companies in the same sectors as Flare that raised within 45 days of this round, from Fundz verified event records.
- Noma raised $32M (Series A) on October 31, 2024.
- Armis Security raised $200M (Series D) on October 28, 2024.
- Passbolt raised $8M (Series A) on January 23, 2025.
- Axoflow raised $7M (Seed) on January 22, 2025.
- DryRun Security raised $8.7M (Seed) on January 22, 2025.
- Edera raised $15M on January 22, 2025.
Who to call at Flare, and when
A new round usually means Flare is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Flare raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Flare, from your own LinkedIn network
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Funding Insights
What this usually meansFlare 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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