Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Mycroft Raises $3.5 Million in Seed Round

Mycroft, a Toronto, Canada-based AI-native security and compliance platform, has raised $3.5 million in Seed funding.

Ben Murray profile image
by Ben Murray
Mycroft Raises $3.5 Million in Seed Round

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 

Ben Murray profile image
by Ben Murray

Subscribe to New Posts

Learn what companies and software categories are raising!

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More