Styx Intelligence, a Vancouver, Canada-based cybersecurity company specializing in digital risk protection, has secured $2.7 million CAD in seed funding.
Investors
The round was led by BDC’s Seed Venture Fund, with participation from Framework Venture Partners, Top Down Ventures, and Sprout Fund.
The BDC Seed Venture Fund is a venture capital initiative by BDC Capital, the investment arm of the Business Development Bank of Canada (BDC). The fund primarily targets pre-seed and seed-stage software companies across Canada, focusing on sectors such as enterprise software-as-a-service (SaaS), digital health, fintech, artificial intelligence (AI), and proptech.
Styx Intelligence Use of Funds
The company will use the funding to accelerate product development, grow its team, enhance customer experience, and expand its market presence—especially through the MSP channel.
About Styx Intelligence
Founded by Karim Ladha and Santosh Nair, Styx Intelligence provides AI-powered digital risk protection solutions. It helps organizations monitor, detect, and respond to external threats that impact their digital presence, brand reputation, and data security. Styx offers solutions, including brand monitoring, external data leakage detection, external exposure management, social and news monitoring, and third-party vendor risk assessment. Its clients include Coca-Cola Canada, GreenShield, KPMG, and Reitmans.
Funding Details
Company: Styx Intelligence, Inc.
Raised: CAD 2.7M
Round: Seed
Funding Date: March 2025
Lead Investor: BDC Capital (Seed Venture Fund)
Additional Investors: Framework Venture Partners, Top Down Ventures, Sprout Fund
Company Website: https://styxintel.com/
Software Category: Cybersecurity
Source: https://styxintel.com/news/seed-round/