Above Security Bags $50 Million in Funding

by Kay Aloha Villamor in March 24th, 2026

Above Security, a Tel Aviv, Israel-based AI-native agentic managed insider threat platform, has emerged from stealth and announced $50 million in funding. 

Investors 

The round was led by Ballistic Ventures, Merlin Ventures, and Norwest, with participation from Jump Capital and QPV Ventures. 

Merlin Ventures is a venture capital firm headquartered in Tysons Corner, Virginia, and Tel Aviv, Israel, that focuses exclusively on early-stage cybersecurity startups. Functioning as the investment arm of the Merlin Group, the firm leverages its deep ties to the U.S. federal government and a network of over 600 CISOs to provide portfolio companies with an accelerated go-to-market engine. 

Ballistic Ventures is a venture capital firm founded in 2021 that focuses exclusively on early-stage cybersecurity startups. Based in the U.S., it invests in areas such as cloud security, identity protection, and AI-driven threat defense. 

Norwest Venture Partners (NVP) is a global, multi-stage investment firm managing over $15.5 billion in capital. Founded in 1961, the firm invests across the spectrum, from early-stage Seed rounds to large growth equity buyouts ($50M+). Dual-headquartered in Menlo Park and San Francisco, NVP also maintains offices in Mumbai and Tel Aviv. 

Above Security Use of Funds 

The company will use the funds to scale its AI-native insider threat platform and expand adoption among enterprises dealing with both human and AI-driven security risks. 

About Above Security 

Founded in 2025 by Aviv Nahum and Amir Boldo, Above Security is an AI-native managed insider threat platform designed to make insider risk proactive and operational for every organization. The company utilizes agentic AI, a fleet of specialized AI investigators, to monitor and understand human intent across cloud, SaaS, and endpoint environments. Headquartered in San Francisco and Tel Aviv, Above Security targets organizations with 1,000 or more employees operating in SaaS-forward environments. 

Funding Details 

Company: Above Security Inc. 

Raised: $50.0M 

Round: Unknown 

Funding Date: March 2026 

Lead Investors: Ballistic Ventures, Merlin Ventures, Norwest 

Additional Investors: Jump Capital, QPV Ventures 

Company Website: https://www.above.security/  

Software Category: Cybersecurity / Insider Threat Management Platform 

Source: https://www.prnewswire.com/news-releases/above-security-raises-50m-to-solve-insider-risk-in-the-agentic-era-302721984.html

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