Qevlar wants to cut out human vulnerability in cybersecurity using AI. It just raised $5 million with this 10-slide pitch deck.
- Qevlar, a cybersecurity startup, has raised $5 million in seed funding.
- The Paris-based company uses AI to help identify and manage security risks.
- EQT Ventures led the round alongside angel investors including DeepMind’s Mehdi Ghissassi.
Qevlar, a cybersecurity startup powered by AI, has raised $5 million in seed funding.
The Paris-based company allows businesses to integrate the Qevlar platform, which then continuously monitors operations, assisting in the identification and monitoring of security risks.
The startup aims to address issues such as alert fatigue in security teams and skill shortages in the industry. Its goal is to “nullify human vulnerability in security operations.”
“The cybersecurity industry currently faces several critical challenges,” Qevlar CEO Ahmed Achchak told Insider.
“First and foremost, there is a significant hiring shortage, making it difficult to find the right talent.” Second, the prevalence of time-consuming, manual tasks in cybersecurity is a significant issue.”
Qevlar has received seed funding from EQT Ventures, as well as angel investors such as Olivier Pomel, CEO of Datadog, Florian Douetteau, CEO of Dataiku, and Mehdi Ghissassi, Director of Product at Google’s DeepMind.
“Raising funds in the current climate, especially with the buzz around AI startups, was both thrilling and intense,” he said.
“The fact we had existing customers and a real market pull helped us move swiftly, capturing the attention of international investors.”