Mycroft secures $3.5 million USD in a seed round led by Luge Capital to enhance its AI-driven security solution for B2B SaaS startups.
Amount Raised
$3.5 Million
Round Type
Seed
TorontoInformation TechnologySoftwareSecurityInvestors
Description
Mycroft recently raised $3.5 million USD to refine its product and expand its reach among growth-stage customers in FinTech and healthtech. The funding round was all-equity and led by Luge Capital, with participation from Brightspark Ventures and Graphite Ventures, among others. Mycroft aims to provide enterprise-grade security without the typical overhead. Co-founded by Mike Kim, the company leverages AI to meet the cybersecurity needs of startups.
Quick answer
Mycroft raised $3.5 Million in a Seed round, dated September 22, 2025. Investors: BoxOne Ventures, Antler, Brightspark Ventures, Graphite Ventures, Ripple Ventures, Developer Capital (Dev Cap) and Luge Capital. Mycroft is based in Toronto, Ontario, Canada.
- How much did Mycroft raise?
- Mycroft raised $3.5 Million in a Seed round on September 22, 2025.
- Who invested in Mycroft?
- BoxOne Ventures, Antler, Brightspark Ventures, Graphite Ventures, Ripple Ventures, Developer Capital (Dev Cap) and Luge Capital are named as investors in this round.
- What does Mycroft do?
- Mycroft is the AI-native security and compliance platform purpose-built for modern companies.
- Where is Mycroft based and how big is it?
- Mycroft is based in Toronto, Ontario, Canada. Fundz records about 24 employees.
- Who are the decision-makers at Mycroft?
- Fundz holds 1 contact at Mycroft. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and Software around the same time
Companies in the same sectors as Mycroft that raised within 45 days of this round, from Fundz verified event records.
- Flare raised $30M (Funding Round) on November 5, 2025.
- Verkada raised $20M on November 5, 2025.
- Rilevera raised $3M (Seed) on November 4, 2025.
- Hoop.dev raised an undisclosed amount (Seed) on October 30, 2025.
- Reflectiz raised $22M (Series B) on October 29, 2025.
- AccessGrid raised $4.4M (Seed) on October 28, 2025.
Who to call at Mycroft, and when
A new round usually means Mycroft is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mycroft raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mycroft, from your own LinkedIn network
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Related People
Mycroft 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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