Mitigata Secures $15 Million Series B Funding for Cyber Resilience Expansion

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Mitigata Secures $15 Million Series B Funding for Cyber Resilience Expansion

First seen 23 Jun 2026, 05:23 UTC • •24.9

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ThreatCluster •June 24, 2026 at 04:15 UTC

•Mitigata raised $15 million in Series B funding to enhance its AI-driven cyber resilience platform.
•The startup serves over 800 organizations and has triaged over one million security incidents in the past year.
•Cyber insurance adoption in India remains low, presenting a significant growth opportunity for Mitigata.

Bengaluru-based cyber resilience startup Mitigata has raised $15 million in a Series B funding round led by Bessemer Venture Partners. The funds will support international expansion and the development of AI-driven security tools. Founded in 2023, Mitigata combines cybersecurity, compliance, and cyber insurance into a unified platform. The company currently serves over 800 organizations and has triaged more than one million security incidents in the past year. Mitigata aims to enhance its Security Operations Centre capabilities and expand its talent pool. The startup's revenue has reportedly grown from ₹3 crore to nearly ₹40 crore in two years. Despite the growth, cyber insurance adoption remains low in India, indicating a significant market opportunity. Mitigata's approach is to treat cyber risk as a financial issue rather than just a technology problem.

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Timeline

2023-01-01

Mitigata founded

Mitigata was established by Mohit Anand and others to address cybersecurity and insurance needs.

2025-08-01

Series A funding raised

Mitigata secured $5.9 million in Series A funding led by Nexus Venture Partners.

2026-06-23

Series B funding announced

Mitigata announced it raised $15 million in Series B funding to expand its international presence and AI capabilities.

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Threat Graph

4 entities, 3 inferred relationships (STIX 2.1).

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Organization (3)

CrowdStrike
Palo Alto Networks
SentinelOne

Affected Platform (1)

Gordon AI

Relationships

Gordon AI related to CrowdStrike
Gordon AI related to Palo Alto Networks
Gordon AI related to SentinelOne

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