Frankfurt-based cybersecurity startup QuoIntelligence has secured €7.3 million in Series A funding led by Elevator Ventures with support from BMH Beteiligungs-Managementgesellschaft Hessen, eCAPITAL ENTREPRENEURIAL PARTNERS, and Mercurius Private Equity, as Vestbee was informed.
- Founded in 2020 by Marco Riccardi, QuoIntelligence provides threat and risk intelligence services designed for organizations that do not have in-house analyst teams. It operates in Germany, Italy, and Spain.
- It combines an AI-driven platform called Mercury with human analysts to collect, process, and contextualize information on digital threats, geopolitical developments, and supply chain risks.
- This information is transformed into tailored intelligence outputs such as alerts, reports, and scenario-based assessments adapted to each client’s sector and risk exposure.
- The services are intended to support decision-making in areas such as risk management, incident response, and compliance with European frameworks including NIS2 and DORA.
"We built QuoIntelligence to prove that wrong: our vision is Unified Risk Intelligence - cyber threats, physical risks, and geopolitical signals converging into decisions, not just alerts, for any organization, within hours of onboarding, under European law," claims Marco Riccardi, CEO and Founder of QuoIntelligence.
Details of the deal
- The new capital will enable QuoIntelligence to expand its market presence across Europe, accelerate development of its Unified Risk Intelligence platform and AI capabilities, and grow its team to support scaling operations, with a strong focus on building partnerships and establishing itself as a leading provider in the region.
“In today’s global landscape, accelerating the growth of homegrown cybersecurity leaders like QuoIntelligence is essential to safeguarding European digital infrastructure and sovereignty. QuoIntelligence is revolutionising the threat intelligence market while being fully compliant with EU regulations and we are proud to support its team as they drive their mission forward," explains Magdalena Chalas, Senior Investment Manager at Elevator Ventures.
