QuoIntelligence has raised €7.3 million in Series A funding, led by Elevator Ventures, the venture capital arm of Raiffeisen Bank International, with BMH as co-lead. eCAPITAL Entrepreneurial Partners, which led the €5 million seed round in 2023, also joined the round, along with Mercurius Private Equity.
The cybersecurity startup, founded in Frankfurt in 2020 by Marco Riccardi, builds tools to help organisations manage cyber risks. Its platform offers analyst-curated intelligence on cyber threats, physical risks, and geopolitical signals, providing clients with actionable insights without requiring their own internal team.
A team of European analysts reviews and curates the AI platform, working across their clients’ languages and sectors. KARLA, the company’s conversational AI analyst, makes this intelligence easy to access for everyone, from executives to security analysts.
NIS2 and DORA, two major European cyber resilience directives, have made threat intelligence a compliance requirement for more than 160,000 organisations across sectors such as financial services, manufacturing, government, and critical infrastructure.TFN previously reported that these regulations are driving ongoing demand for cybersecurity tools across Europe.
“Threat intelligence is moving from a specialist function into core risk management. As DORA raises the bar for cyber resilience in financial services, the combination of analyst expertise, scalable delivery and a European operating model becomes more valuable,” says Dirk Seewald, managing partner at eCAPITAL.
The company is registered in Germany, has offices in Spain and Italy, and keeps all intelligence data within the EU. This gives QuoIntelligence a compliance advantage over competitors like Recorded Future, Sekoia.io, Silobreaker, and Flashpoint.
The new funding will help QuoIntelligence expand across Europe, develop its products, and grow its team. In the short term, the company expects its channel strategy to drive growth.
