Paris-based startup Qevlar AI, which leverages AI to enhance SOC efficiency, has raised $14 million in funding led by EQT Ventures. The fresh capital will help develop its AI-powered threat investigation platform and expand its autonomous security operations capabilities.
- Founded in 2023 by Ahmed Achchak and Hamza Sayah, Qevlar AI develops an autonomous platform that enhances Security Operations Centers (SOCs) by automating threat investigation and response.
- Unlike traditional solutions, Qevlar AI operates autonomously, pulling and enriching data from your existing security tools without the need for prebuilt playbooks, scripts, or vendor lock-in.
- Qevlar’s AI agents proactively handle all types of attacks and attack vectors, such as malware, privilege escalation, and SQL injections, providing 24/7 dynamic protection.
"Our autonomous agents don't just assist analysts; they recalibrate what's possible in security operations by conducting complete investigations that previously consumed hours in just seconds, with greater consistency and accuracy. As a result, SOCs can shift from being reactive alert factories to proactive threat hunters," claims Ahmed Achchak, co-founder and CEO of Qevlar AI.
- The firm reports a 50% reduction in analyst time, 99.8% classification accuracy, and a 30% faster response to critical alerts.
Details of the deal
- The fresh funding was led by EQT Ventures, a Stockholm-based multi-stage VC fund with a portfolio of 91 startups, 204 investments, and 29 exits, including companies like Onramper, Luko, Siilo, and AirKit.
"When I met the founders Ahmed and Hamza, I was struck by their energy, technical depth, and relentless customer obsession. Their vision clicked immediately: not another SIEM wrapper or dashboard UX, but a true AI agent to solve a hard, high-value problem," Partner at EQT Ventures, Julien Hobeika, stated.
- Forgepoint Capital International, a VC managing over $1 billion in AUM, invests in transformative cybersecurity, artificial intelligence, and infrastructure software companies. World-class operators from Datadog, DeepMind, and Dataiku also participated in the round.
- Qevlar AI will use the funding to enhance its platform's AI capabilities, improve automation, and expand integrations with existing security tools. The funds will also support product development, team growth, and customer expansion.
