Cybersecurity startup ThreatMate on Thursday announced raising $3.2 million in a seed funding round led by Top Down Ventures’ Founders Fund I, with additional support from Blu Ventures and Runtime Ventures.
Founded in 2021, the Delaware-based startup built an AI-powered attack surface management platform for managed service providers (MSPs) looking to keep their customers protected.
Tailored for small to medium-sized businesses, the platform relies on AI to provide enterprise-grade cyber protections against threats and to deliver comprehensive visibility into an organization’s attack surface.
According to ThreatMate, its platform incorporates analytics, continuous monitoring, and a multi-tenant design to help MSPs monitor, manage, and secure customers’ internal, external, and cloud environments from a single dashboard.
It can be used to identify, prioritize, and mitigate vulnerabilities before attacks can happen, delivering proactive security at lower complexity and costs compared to those of traditional enterprise solutions.
ThreatMate also provides automated penetration testing, risk scoring, dark web monitoring and alerting, cybersecurity audits, and asset discovery capabilities.
The new investment will be used to accelerate product development and expand go-to-market operations. ThreatMate will also use the funds to deepen industry partnerships.
“ThreatMate is tackling one of the most pressing challenges in cybersecurity today: giving MSPs the tools to manage and secure their customers’ rapidly expanding attack surfaces. Their approach combines AI, machine learning, and automation into a seamless platform that MSPs can operationalize immediately,” Top Down Ventures founding partner Chris Day said.
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