Key Takeaways
- • Amsterdam-based Hadrian raised $40 million in a round co-led by Forgepoint Capital International and SmartFin, lifting its total capital raised to $65 million.
- • Existing backers HV Capital, Motive Partners, Picus Capital, and Oetker Ventures also participated in the round.
- • Hadrian operates an AI-driven SaaS platform that simulates cyberattacks and surfaces exposures, and claims to be the only vendor combining continuous exposure management with agentic penetration testing in one platform.
- • The company serves more than 300 customers, including NBC Universal, Francisco Partners, and Amadeus, and will use the capital to expand across EMEA and the US and to invest in engineering and research.
Summary
Dutch cybersecurity company Hadrian has raised $40 million in a funding round co-led by Forgepoint Capital International and SmartFin, according to FinTech Futures. The capital will be used to scale the company's agentic AI security platform and fund expansion across Europe, the Middle East and Africa (EMEA) and the United States, alongside investment in its engineering and research teams. Existing investors HV Capital, Motive Partners, Picus Capital and Oetker Ventures also participated in the round.
The raise brings Hadrian's total capital to $65 million. The company's earlier funding included a €10.5 million seed round led by HV Capital in 2022. Hadrian was founded in 2021 by chief business development officer Maurice Clin, chief hacking officer Olivier Beg and CEO Rogier Fischer, who previously co-founded early European crypto exchange Litebit.
Hadrian sells a Software-as-a-Service platform that uses AI to simulate cyberattacks and identify potential exposures for enterprise clients. The company describes itself as the only vendor combining "continuous exposure management and agentic penetration testing into a single platform." It reports more than 300 customers, including NBC Universal, Francisco Partners and Amadeus.
Coverage from other outlets describes the round as a Series B and frames the platform as a tool for automating offensive security testing with AI agents. Industry reporting also characterizes the funding as addressing growing risks from AI-enabled hacking, though the specific valuation of the round was not disclosed in the available sources.
The raise brings Hadrian's total capital to $65 million. The company's earlier funding included a €10.5 million seed round led by HV Capital in 2022. Hadrian was founded in 2021 by chief business development officer Maurice Clin, chief hacking officer Olivier Beg and CEO Rogier Fischer, who previously co-founded early European crypto exchange Litebit.
Hadrian sells a Software-as-a-Service platform that uses AI to simulate cyberattacks and identify potential exposures for enterprise clients. The company describes itself as the only vendor combining "continuous exposure management and agentic penetration testing into a single platform." It reports more than 300 customers, including NBC Universal, Francisco Partners and Amadeus.
Coverage from other outlets describes the round as a Series B and frames the platform as a tool for automating offensive security testing with AI agents. Industry reporting also characterizes the funding as addressing growing risks from AI-enabled hacking, though the specific valuation of the round was not disclosed in the available sources.
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