Hadrian has raised $40 million in funding to expand its agentic AI offensive cybersecurity platform across Europe and the U.S., bringing total capital raised to $65 million. Forgepoint Capital International and SmartFin co-led the round. Existing investors HV Capital, Motive Partners, Picus Capital and Oetker Ventures also participated.
Hadrian plans to use the financing to expand across EMEA and the U.S. while increasing investment in engineering and research.
The company’s platform applies AI to offensive cybersecurity, with the goal of continuously identifying external attack paths that could be exploited rather than relying only on periodic penetration testing.
Hadrian combines continuous exposure management with agentic penetration testing.
Its Atlas product maps an organization’s external attack surface and uses AI agents to determine which identified exposures are actually exploitable.
Nova provides agentic penetration testing on demand.
Because the two products share context, organizations can transition from continuous monitoring into deeper testing without recreating their understanding of the environment.
Hadrian said customers have achieved 10 times greater visibility into critical exposures, an 80% faster time to resolution and five times the return on investment compared with manual penetration testing.
Customers include McKesson, NBC Universal, Francisco Partners, TotalEnergies, Amadeus, Leroy Merlin and Damen Shipyards.
Hadrian was founded by Rogier Fischer, Olivier Beg and Maurice Clin.
Fischer and Beg previously worked as ethical hackers before becoming entrepreneurs, and the company was developed around the idea that AI could allow offensive security testing to operate continuously at greater scale.
KEY QUOTES:
“Everyone can see that AI is changing the threat landscape. It might also hold the answer, but most people are focused on automating the wrong bits. 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. So we built a platform that emulates hackers’ attack paths, helping our customers to understand their key risks and prioritise their security resources appropriately.”
Rogier Fischer, CEO of Hadrian
“There are too many vulnerabilities and noise out there for teams to manage, so they need tools that can help them see clearly and think like AI-armed hackers. Hadrian’s AI native always-on solution delivers both depth and breadth and helps its customers to focus on genuine issues and risks, and the companies using its platform are testament to both its innovative approach and the strength of its team, both aspects which make them a natural choice for us to back.”
Damien Henault, Managing Director and Partner at Forgepoint Capital International
“Rogier and his team have built an agentic hacking platform that truly stands apart in the offensive cybersecurity space. Hadrian’s growing enterprise contract values, global customer base and exceptional enterprise retention rates demonstrate both the strength of its product and the team’s ability to execute and win against the largest cybersecurity incumbents. This funding comes at a pivotal moment, accelerating Hadrian’s next phase of growth as we support its ambition to become a global cybersecurity leader and build a nine-figure revenue business.”
Saumitra Dubey, Partner at SmartFin
“Leroy Merlin runs large omnichannel operations, and every new solution and digital integration adds to what we have to protect. Hadrian helps us to find exposed assets when they run out our control and test them the way an attacker would. That gave our team clear priorities. We’re glad to see Hadrian raise this round and keep building.”
Alessio Setaro, Digital Solutions Leader at Leroy Merlin
“Hadrian has changed the way we look at our external attack surface. Instead of relying on periodic assessments and a known inventory, we now have continuous visibility into what an attacker can actually see and potentially exploit. For a global organisation like Damen, that ability to discover unknown exposures and focus our teams on the risks that really matter is where Hadrian delivers its value.”
Hans Quivooij, CISO at Damen Shipyards
