Riptides has raised $3.3 million in pre-seed funding, marking Hungary's largest pre-seed round ever. Led by PortfoLion Capital Partners and Kaya VC, the funding will enhance secure non-human identity management.
Amount Raised
$3.3 Million
Round Type
Pre-Seed
BudapestArtificial IntelligenceSecurityInvestors
Description
Riptides has secured $3.3 million in a record pre-seed funding round to launch its platform focused on secure non-human identity management. The funding, led by PortfoLion Capital Partners and Kaya VC, will support product development and research. Cloudbreak also contributed $500K to the round, with participation from various angel investors. The founding team boasts significant security expertise with previous successes at Banzai Cloud and other tech companies.
Quick answer
Riptides raised $3.3 Million in a Pre-Seed round, dated April 23, 2025. Investors: Cloudbreak, Kaya VC and PortfoLion Capital Partners. Riptides is based in Budapest, Budapest, Hungary.
- How much did Riptides raise?
- Riptides raised $3.3 Million in a Pre-Seed round on April 23, 2025.
- Who invested in Riptides?
- Cloudbreak, Kaya VC and PortfoLion Capital Partners are named as investors in this round.
- What does Riptides do?
- Riptides is a startup focused on securing machine-to-machine trust by launching a platform for secure non-human identity management.
- Where is Riptides based and how big is it?
- Riptides is based in Budapest, Budapest, Hungary. Fundz records about 7 employees.
Source: Fundz verified event record.
Who else raised in Security and Artificial Intelligence around the same time
Companies in the same sectors as Riptides that raised within 45 days of this round, from Fundz verified event records.
- Pixee raised $15M (Seed) on May 22, 2025.
- Kovr.ai raised $3.6M (Seed) on May 14, 2025.
- Reco raised $25M (Funding Round) on April 25, 2025.
- VanishID raised $10M (Funding Round) on April 23, 2025.
- Kenzo Security raised $4.5M (Seed) on April 22, 2025.
- Cursor raised an undisclosed amount (Funding Round) on April 21, 2025.
Who to call at Riptides, and when
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- An alert the day Riptides raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Riptides, from your own LinkedIn network
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