ESProfiler, a cybersecurity startup from Manchester, has secured £2.8 million in seed funding to enhance its platform and boost commercial growth. The firm aims to address inefficiencies in cybersecurity investment. Developed with leading financial institutions in the UK, ESProfiler’s platform merges financial and commercial insights with a threat model to evaluate security investments. The goal is to empower CISOs to concentrate on the most relevant threats and optimize their investments continuously to achieve maximum security returns. Led by Nauta Capital, the funding will accelerate ESProfiler’s engineering initiatives to develop new capabilities.
Louis Holt, CEO and co-founder of ESProfiler, said: “Partnering with Nauta Capital marks a significant step in our journey towards offering continuous security investment validation to enterprises. This funding is not only a financial boost but a validation of our vision.” Pratima Aiyagari, a partner at Nauta, praised the firm, saying: “ESProfiler has created a new way for CISOs to operate…For the first time, companies can rationalize their security budget based on hard data. In today’s economic climate, that’s a significant advantage – and one that positions security as a business driver and competitive advantage for the long term.”
ESProfiler participated in the UK National Cyber Security Centre’s NCSC For Startups program in collaboration with Plexal. It is taking a unique approach to cybersecurity investments that will enable organizations to make informed decisions.
