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Drivesec is a technology company based in Turin, Italy, that develops specialized cybersecurity products and consulting solutions designed to secure Internet of Things and automotive devices. The organization focuses on embedding security protocols during the early design phases of product development to mitigate future risks. To support this mission, the business provides comprehensive risk assessment, vulnerability analysis, and secure software development, alongside remote penetration testing executed through its proprietary Weseth platform. Drivesec primarily serves automotive original equipment manufacturers and Tier 1 suppliers, helping these enterprise clients achieve compliance with stringent industry regulations including ISO/SAE 21434, UNECE 155, and UNECE 156. Operating with a workforce of between 21 and 50 employees, the enterprise has successfully raised €3 million in venture capital funding to expand its operations. The company was founded in 2017 by an executive with extensive automotive cybersecurity experience.
Drivesec has raised $3.0M across 1 funding round.
Drivesec has raised $3.0M in total across 1 funding round.
Drivesec has raised $3.0M in total across 1 funding round.
Drivesec's investors include LIFTT.
Drivesec has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Series A in February 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2025 | $3M Series A | — | LIFTT | Announced |
Drivesec is a cybersecurity company founded in 2017 and headquartered in Turin, Italy, specializing in security solutions for IoT and automotive markets.[1][3][4][6] It develops methodologies, products, and the Weseth® platform to test, validate, and certify cybersecurity requirements for connected systems, helping customers comply with standards like ISO 21434 and UNECE 155/156.[2][3][5] Drivesec serves automotive OEMs, Tier1 suppliers, and IoT developers by addressing vulnerabilities in connected devices through risk assessment, secure software development (e.g., Secure Boot, HSM), and remote testing, with reported revenue around $2 million and a team of about 18 employees.[3] Its growth includes partnerships like TUV Sud for certification marketing and ongoing platform development for automated, remote validation to reduce costs, time, and logistics.[2]
Drivesec was founded in 2017 in Turin, Italy, by an experienced automotive executive with over 30 years in electronic systems development, including roles as R&D Director for infotainment and Head of Vehicle Cybersecurity at an international OEM.[3][6] The idea emerged from his expertise in introducing digital protection countermeasures to vehicles, aiming to create a strategic partner for cybersecurity compliance in IoT and automotive sectors via a "secure-by-design" approach.[6] Early traction came from developing a product/certification process aligned with ISO 21434, leading to a key partnership with TUV Sud for marketing, and evolving into the Weseth® platform (initially proof-of-concept for remote testing via HW KITs and servers, now advancing to automated software tools).[2][5]
Drivesec rides the surge in connected vehicle and IoT security mandates, where regulations like UNECE 155/156 require cybersecurity for type approvals, and ISO 21434 standardizes automotive/IoT processes amid rising cyber threats to smart mobility.[2][3] Timing aligns with exploding IoT adoption in automotive (e.g., infotainment, connectivity) and smart cities, where physical access limitations hinder testing—Drivesec's remote platform addresses this gap.[1][2][5] Market forces favoring it include regulatory pressures on OEMs/Tier1s for compliance, demand for cost-effective tools over manual specialist testing, and no direct competitors for its HW/SW remote certification ecosystem.[2] It influences the ecosystem by accelerating secure-by-design adoption, enabling faster market entry for compliant products, and partnering with certifiers to scale validation globally.[2][6]
Drivesec is poised to expand Weseth® from proof-of-concept remote access to fully automated software tools, targeting broader IoT beyond automotive while deepening UNECE/ISO compliance services.[2][5] Trends like AI-driven attack simulations, stricter global regs, and smart city growth will propel demand, potentially scaling its 18-person team and $2M revenue through TUV Sud partnerships and new sectors.[2][3] Its influence may evolve from niche automotive enabler to IoT security standard-setter, as remote/automated testing becomes essential—positioning Drivesec as a resilient player in a market where cybersecurity non-compliance blocks innovation.[1][3][5] This builds on its founder-led mission to transform testing into autonomous, efficient processes.[6]
