The Pulse
Hadrian Raises $40 Million for Agentic Cybersecurity
Hadrian raised $40 million in a round co-led by Forgepoint Capital International and SmartFin, bringing its total funding to $65 million. The Amsterdam-based company plans to expand in EMEA and the United States and invest more in engineeri
AI.info Team · Written with AI ·
A $40 million round brings Hadrian to $65 million
Hadrian announced a $40 million funding round on October 6, co-led by Forgepoint Capital International and SmartFin. Existing investors HV Capital, Motive Partners, Picus Capital and Oetker Ventures also participated. The new financing brings the Amsterdam-based company’s total funding to $65 million.
Hadrian says it will use the money to expand across Europe, the Middle East and Africa, and the United States, while adding investment in engineering and research. The announcement does not specify the size of the round’s individual allocations or give a timeline for the expansion.
The company sells offensive security software designed to find exposed digital assets and test whether weaknesses can actually be exploited. Its pitch is that security teams can focus on verified risks rather than treating every scanner alert as equally urgent.
Atlas maps exposures; Nova tests them
Hadrian combines continuous exposure management with agentic penetration testing through two products. Atlas continuously maps an organization’s external attack surface and uses purpose-built AI agents to check which exposures are exploitable. Nova provides on-demand agentic penetration testing, according to the company.
The products share context, Hadrian says, allowing teams to move from ongoing visibility to deeper testing without restarting the investigation. The company describes a division of labor in which people set the mission and make consequential decisions while AI agents handle repeated discovery and testing tasks.
Hadrian reports that customers have seen 10 times greater visibility into critical exposures, an 80% faster time to resolution and a fivefold return on investment compared with manual penetration testing. The release does not provide the underlying study, sample size or measurement method for those figures, so they remain company-reported results rather than independently established benchmarks.
Hadrian frames the raise around exploitable risk
The company says 87% of organizations still conduct manual penetration tests and that more than 70% of security teams struggle to determine which exposures are exploitable. It also cites a figure of 0.47% for vulnerability-scanner findings that proved genuinely exploitable. Those statistics appear in Hadrian’s funding announcement; the release does not detail their methodology.
Chief Executive Rogier Fischer said Hadrian has worked with large language models since before they became mainstream and argued that AI can work faster than human offensive-security teams. He described the product as a way to emulate hacker attack paths and help customers identify key risks.
“We have been working with LLMs since before they went mainstream, and we know that AI can work much faster than any human offensive security team.”
Rogier Fischer, co-founder and chief executive, Hadrian
Enterprise customers are part of the case
Hadrian lists McKesson, NBC Universal, Francisco Partners, Total Energies, Amadeus, Leroy Merlin and Damen Shipyard among its customers. The company says the new round will support its expansion and platform development, but it did not disclose revenue, headcount or specific hiring targets in the announcement.
Hans Quivooij, identified by Hadrian as CISO at Damen Shipyards, said the platform gives the company continuous visibility into what an attacker might see and exploit, replacing reliance on periodic assessments and a known asset inventory. The statement reflects a customer’s account of the product’s value; Hadrian’s release provides no separate customer performance data.