Guardz Emerges From Stealth Mode With $10 Million in Funding

Guardz today emerged from stealth mode with $10 million raised in a seed funding round led by Hanaco Ventures, with additional investment from iAngels, Cyverse Capital, and GKFF Ventures.

Founded in May 2022, the Tel Aviv, Israel-based startup has developed a platform designed to protect small and growing businesses from cyberattacks, and it also helps them obtain cyberinsurance from third parties.

Guardz’s platform covers devices, email, identity, web browsing, and cloud applications, and the company also helps organizations train employees to identify phishing and other types of malicious messages.

The platform continuously monitors an organization’s internal and external digital footprint to provide real-time protection, and allows administrators to immediately take action when necessary, from a single dashboard.

According to Guardz, by providing comprehensive cybersecurity protection, its platform also makes cyberinsurance available to companies that were previously ineligible.

The solution is also offered to managed services providers (MSPs). 

The startup plans to invest the new funding in platform expansion, the cyber insurance line of business, and go-to-market distribution channels.

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