UK-based CyberTech ESProfiler raises £2.8m

UK-based CyberTech ESProfiler raises £2.8m

UK-based cybersecurity startup ESProfiler has secured £2.8m in its seed funding round, which was led by Nauta Capital.

The investment, which builds up an angel investment it received in 2023, will be used to bolster ESProfiler’s commercial growth. Funds have also been earmarked to enhance product development and add new capabilities to its platform.

ESProfiler was founded with the aim to combat the inefficiencies within enterprise cybersecurity investments. Leveraging first-hand experience, the founding team identified critical gaps in the use of cybersecurity tools, such as, them overlapping, being underutilised and misaligned to the methods of adversaries.

The ESProfiler platform was built to ensure the continual alignment on security. Its platform offers a comprehensive view of an enterprise’s security capabilities, identifying gaps and efficacy and providing the vital commercial and financial data to support decision making.

Speaking on the funding round, ESProfiler co-founder and CEO Louis Holt said, “Partnering with Nauta Capital marks a significant step in our journey towards offering continuous security investment validation to enterprises. This funding is not just a financial boost, but a validation of our vision at ESProfiler. It will accelerate out engineering efforts, expanding out platform’s capabilities and reach.”

Adding to this, Nauta Capital partner Pratima Aiyagari said, “ESProfiler has created a new way for CISOs to operate. It provides continuous analysis of security tools and their performance. With this intelligence, any company’s security can be optimised to help teams do more with what they have.

“For the first time, companies can rationalise their security budget on hard data. In today’s economic environment, that’s a huge advantage – and one that positions security as a business driver and competitive advantage for the long term.”

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