A Frankfurt-based cybersecurity company specializing in threat intelligence has secured €7.3 million in a Series A funding round. QuoIntelligence focuses on Unified Risk Intelligence solutions tailored for EU compliance. The investment will fund market expansion, product upgrades, and team scaling.
The round was led by Elevator Ventures, the venture arm of Raiffeisen Bank International. BMH Beteiligungs-Managementgesellschaft Hessen (BMH) co-led the round. Additional participants included undisclosed investors. The company did not disclose valuation details.
QuoIntelligence’s platform integrates real-time threat data with regulatory requirements. It serves sectors like finance, energy, and critical infrastructure. The EU’s evolving cybersecurity laws drive demand for such services.
Funding will accelerate hiring in sales and research. Product development will expand into new compliance modules. The company plans to open offices in Brussels and Madrid by 2025.
Founded in 2018, QuoIntelligence has 45 employees. It claims over 50 clients across Europe. The fresh capital follows a €2 million seed round in 2022.
Source: eu-startups.com