Mycroft, a Toronto, Canada-based AI-native security and compliance platform, has raised $3.5 million in Seed funding.
Investors
The round was led by Luge Capital, with participation from Brightspark Ventures, Graphite Ventures, Ripple Ventures, Developer Capital, Antler, BoxOne Ventures, and strategic angel investors.
Luge Capital is an early-stage venture capital fund that focuses on investing in financial technology companies and AI solutions for financial services. The fund is headquartered in Montreal, Quebec, Canada, with an additional office in Toronto. It invests in seed and Series A rounds.
Mycroft Use of Funds
The company will use the funds to advance its AI agent technology, enhance security and compliance automation, and expand its customer base.
About Mycroft
Mycroft is an AI-native security and compliance platform purpose-built for modern companies. The platform continuously monitors cloud infrastructure, secures devices, enforces policies, manages incidents, and prepares companies for audits, all from a single interface. Its flagship product, the autonomous AI agent, AI Security and Compliance Officer, is designed to manage and operate the full security and IT stack. Headquartered in Toronto, Canada, Mycroft serves over 50 customers, including Superwhisper, Evolo, CoVet, Unified, Willful, Wisedocs, and Weave (YC25).
Funding Details
Company: Mycroft Technologies, Inc.
Raised: $3.5M
Round: Seed
Funding Date: September 2025
Lead Investor: Luge Capital
Additional Investors: Brightspark Ventures, Graphite Ventures, Ripple Ventures, Developer Capital, Antler, BoxOne Ventures
Company Website: https://www.mycroft.io/
Software Category: Security & Compliance / Agentic AI
Source: https://www.prnewswire.com/news-releases/mycroft-emerges-from-stealth-with-3-5mm-seed-round-with-its-ai-security-and-compliance-officer-302562597.html