CybaVerse, a cybersecurity group that works with SMEs and managed service providers (MSPs), has raised £5m in a Series A funding round.
Founded in 2018, initially as a boutique cyber consultancy, the firm offers businesses an all-in-one platform called CybaOps which includes certification compliance, continuous system monitoring, incident response, and AI-based data analysis.
The new funding will allow the firm to expand its team, currently consisting of 40 staff, and support further product development.
“Having such a high calibre of investors onboard validates our vision to design and deliver innovative solutions that empower MSPs and SMEs,” said Oliver Spence, chief executive of CybaVerse.
“With this investment, we will accelerate CybaOps development, enhance AI-driven features, and expand our team to bring smarter, more scalable security to MSPs and SMEs, all while staying true to our mission of simplifying cyber security for everyone.”
The funding round was led by Pembroke Investment Managers and Airbridge Equity Partners and included participation from Haatch.
“Cybersecurity has become an arms race that most small businesses simply can’t afford to fight. CybaVerse levels the playing field – giving SMEs and their IT partners enterprise-grade protection through automation, not armies of analysts,” said Fred Ursell head of investments at Pembroke Investment Managers.
“Ollie’s background in military-grade cyber operations, combined with a clear commercial instinct, has built a platform that turns complex security into something simple, scalable, and effective.
“It’s a smart UK company solving a global problem, and we’re proud to back their next phase of growth.”