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xorlab secures €5M in Series A+ financing led by Spicehaus Partners to expand its email security platform across Europe.

PRIVATESep 01, 20267 days ago

Amount Raised

€5 Million

Round Type

Series A

SecurityCyber SecurityEmail

Investors

Zkb Start Up FinanceEquity Pitcher VenturesGrapha HoldingSpicehaus Partners

Description

European email security company xorlab has raised €5 million in a Series A+ financing round to support its expansion across Europe and further develop its email security platform. The financing comes as European organisations increasingly look to reduce their reliance on US-based cybersecurity providers. xorlab develops an email security platform that uses behavioural AI to analyze messages within the context of an organisation's normal communication patterns. The platform is designed to support requirements under DORA, NIS2 and GDPR.

Company Information

Company

xorlab

About

xorlab is a European email security company that develops an email security platform using behavioural AI to analyze messages within the context of an organization's normal communication patterns. The platform aims to protect against email threats such as phishing and business email compromise (BEC) by identifying anomalies. It can be deployed on-premises, in a hybrid configuration, or in the cloud, with processing managed in European data centers. xorlab serves various sectors including financial institutions, healthcare organizations, and public-sector entities.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

xorlab 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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