IriusRisk is a technology company.
IriusRisk is an AI threat modeling tool designed for secure software development, helping organizations to integrate security into their software development lifecycle.
IriusRisk has raised $38.0M across 3 funding rounds.
IriusRisk has raised $38.0M in total across 3 funding rounds.
IriusRisk has raised $38.0M in total across 3 funding rounds.
IriusRisk's investors include btov Partners, Nauta Capital, Paladin Capital Group, Swanlaab Venture Factory, Kushagra Vaid, 33N Ventures, Atlantic Bridge, Bright Pixel Capital.
IriusRisk is a Spain-based technology company that builds an AI-powered threat modeling platform to embed security into software development from the design stage. It serves enterprises in sectors like financial services, operational technology, medical devices, public services, and technology, helping development and security teams identify risks, generate countermeasures, and comply with regulations[1][2][3][5][6]. The platform integrates seamlessly into existing software development lifecycles (SDLC), automating threat models for architectures like AWS SaaS apps, reducing remediation costs by addressing 50% of vulnerabilities that occur at design—where fixes are 100x cheaper than in production—and enabling "secure by design" practices[2][3][4]. Trusted by global enterprises like Axway and Pearson, it drives growth through partnerships, such as with Toreon for training, and community initiatives, scaling secure software development faster[1][2][3].
IriusRisk was founded in 2015 by Stephen de Vries (CEO) and Cristina Bentué in Huesca, Spain, with a mission to deliver secure technology by design for busy teams—originally under the name Continuum Security, rebranded later[1][5]. Driven by a passion to prevent cyberattacks in everything from electric cars to medical devices, the founders aimed to make proactive security standard across industries, starting before code is written, fueled by humble origins and a unique story involving a chicken named Chica[5]. Early traction came from addressing the shift to automated tools amid rising IT complexity, evolving into an AI-enhanced platform with global adoption by over 100 clients, including launches like the Threat Modeling Connect community in 2022 to foster practitioners worldwide[2][5].
IriusRisk rides the DevSecOps and secure-by-design wave, capitalizing on modern architectures' exploding attack vectors and the untenability of manual threat modeling amid AI/ML proliferation and regulatory pressures in critical sectors[2][3][5]. Timing is ideal as 50% of vulnerabilities stem from design flaws, costing 100x more in production, while tools like IriusRisk enable "start left" security in SDLCs, democratizing it for non-experts and aligning with trends like Infrastructure as Code and cloud-native development[2][4][6]. It influences the ecosystem by fostering a global threat modeling community, partnering for training, and powering enterprises to build safer faster, reducing risks in embedded software across automotive, healthcare, finance, and beyond—pushing proactive security as an industry imperative[1][5].
IriusRisk is positioned for expansion as AI security demands grow, with agentic AI enhancements and integrations accelerating adoption in regulated industries. Trends like generative AI risks, zero-trust architectures, and global compliance (e.g., for medical devices and finance) will propel it, potentially through deeper AWS/enterprise partnerships and community-driven innovations. Its influence may evolve into the de facto standard for threat modeling, empowering more teams to "build-safer-faster" and scaling from 100+ clients to broader ecosystem dominance—turning secure design from niche to norm, just as its founders envisioned from those humble Spanish beginnings.
IriusRisk has raised $38.0M across 3 funding rounds. Most recently, it raised $29.0M Series B in October 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2022 | $29.0M Series B | btov Partners, Nauta Capital, Paladin Capital Group, Swanlaab Venture Factory, Kushagra Vaid | |
| Sep 1, 2020 | $7.0M Series A | 33N Ventures, Atlantic Bridge, Bright Pixel Capital, Nauta Capital, Paladin Capital Group, Swanlaab Venture Factory | |
| Nov 1, 2017 | $2.0M Venture Round | 33N Ventures, Nauta Capital, Swanlaab Venture Factory |