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Mitigata secures $15M in Series B funding led by Bessemer Venture Partners to enhance cybersecurity resilience for India's enterprises.

PRIVATESep 23, 2026about 2 hours ago

Amount Raised

$15 Million

Round Type

Series B

BengaluruCyber SecurityRisk ManagementInsurance

Investors

Bessemer Venture Partners

Description

Mitigata has raised $15 million in a Series B funding round led by Bessemer Venture Partners. The funding will be used to strengthen the company's resilience layer for enterprises amid rising cybersecurity threats in India's growing digital economy. With increasing regulatory requirements, the need for robust cyber risk management has never been more critical. Founded in 2021, Mitigata aims to unify compliance automation, cyber insurance, and security operations for businesses.

Company Information

Company

Mitigata

Location

Bengaluru, Karnataka, India

About

Mitigata is a Bengaluru-based startup focused on cyber resilience, offering a full-stack platform that integrates cybersecurity, compliance, risk management, and cyber insurance into a single AI-powered offering. Founded in 2021, the company aims to provide Indian organizations with tailored solutions for the entire cyber risk lifecycle. Mitigata also claims to be India's first IRDAI-regulated insurance broker dedicated to cyber insurance. The startup currently serves over 500 enterprises across 25 industries.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Mitigata 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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.