{"id":10307,"date":"2026-07-09T19:34:27","date_gmt":"2026-07-09T14:04:27","guid":{"rendered":"https:\/\/mitigata.com\/blog\/?p=10307"},"modified":"2026-07-09T19:41:51","modified_gmt":"2026-07-09T14:11:51","slug":"mitigatas-15-million-series-b-advancing-ai-powered-cyber-resilience","status":"publish","type":"post","link":"https:\/\/mitigata.com\/blog\/mitigatas-15-million-series-b-advancing-ai-powered-cyber-resilience\/","title":{"rendered":"Mitigata’s $15 Million Series B: Advancing AI-Powered Cyber Resilience"},"content":{"rendered":"\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Not too long ago, cybersecurity was largely about building stronger walls to keep attackers out. Today, that approach is no longer enough. As AI accelerates the speed and sophistication of cyberattacks, organisations are realising that resilience is just as important as prevention. This shift is reshaping how companies approach cybersecurity, compliance, and cyber insurance, creating demand for platforms that bring these capabilities together instead of treating them as separate functions.<\/p>

Against this backdrop, Mitigata has closed a $15 million<\/b> Series B funding round led by Bessemer Venture Partners, with participation from Nexus Venture Partners, Titan Capital, and WEH Ventures. The round strengthens Mitigata’s position as it builds India’s AI-native cyber resilience platform, one that brings cyber insurance, security operations, and compliance automation into a single system instead of three disconnected ones.<\/p>

Mitigata was founded in 2023 by Mohit Anand, Sarthak Dubey, Mayank Morya, and Akshit Kaushik on a simple conviction: cybersecurity could no longer stop at prevention. As attacks grow more sophisticated and increasingly AI-driven, enterprises need more than detection alone. They need the ability to withstand an attack, respond to it in real time, and recover from it without lasting damage to the business.<\/p>

Series B at a Glance<\/b><\/h3>

The following table summarises the key highlights of Mitigata’s Series B funding round.<\/p>
Detail<\/th>Information<\/th><\/tr><\/thead>
Amount raised<\/td>$15 million<\/td><\/tr>
Lead investor<\/td>Bessemer Venture Partners<\/td><\/tr>
Participating investors<\/td>Nexus Venture Partners, Titan Capital, WEH Ventures<\/td><\/tr>
Company founded<\/td>2023<\/td><\/tr><\/tbody><\/table>

Why Cyber Resilience Matters More Than Ever<\/b><\/h2>

Cyberattacks today look very different from the opportunistic break-ins of a decade ago. Attackers now use AI to draft convincing phishing emails, automate reconnaissance, and adjust their approach mid-attack. Security teams that once focused mainly on keeping intruders out are learning that prevention alone cannot account for every scenario.<\/p>

This is why cybersecurity insurance and structured incident response now sit alongside firewalls and endpoint protection as core parts of a security program. Detection, response, recovery, and ongoing risk management have become just as important as prevention. A single serious breach can disrupt operations for weeks, invite regulatory scrutiny, and dent customer trust long after the affected systems are back online.<\/p>

That shift explains why cyber resilience has moved from an IT concern to a boardroom priority. An outage at a bank, hospital, or logistics company rarely stays contained to that one organisation; it can ripple through supply chains, partners, and customers. Cybersecurity and insurance are increasingly discussed alongside business continuity and, in some sectors, national infrastructure planning.<\/p>

“Security, insurance, and compliance should work as one, so when something happens, the response doesn’t have to start with three phone calls.”<\/p>

– Akshit Kaushik, Co-Founder & CBO, Mitigata<\/strong><\/p><\/blockquote>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

\n\t\t\t\t\t
\n\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Attackers Evolved. \n\n So Did We. <\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Mitigata unifies security, compliance, and insurance to stay ahead of modern threats.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tTalk to Our Experts today!<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

The Journey So Far: Building India’s First AI-Native Cyber Resilience Platform<\/b><\/h2>

Mitigata built its platform on a different premise: insurance and security operations work better together than apart. Its operating framework, “Insure. Detect. Defend. Recover.”, combines AI-powered security operations, cyber risk intelligence, compliance automation, digital forensics, incident response, and cyber insurance within one environment.<\/p>

Gordon AI, Mitigata’s compliance and cyber resilience platform, sits at the centre of that framework. It automates much of the work that once required manual audits and spreadsheets, spanning 30+ pre-mapped compliance frameworks and cutting manual compliance effort by roughly 80% for the organisations using it. Just as importantly, it connects that visibility directly to the insurance and incident response side of the business, rather than leaving each function to operate in isolation.<\/p>

“We almost didn’t make it. More than once. What the Series B tells me isn’t that we were right all along. It’s that we kept going long enough to prove it.”


– Sarthak Dubey, Co-Founder & COO, Mitigata<\/strong><\/p><\/blockquote>

Impact That Powers Progress <\/b><\/h2>

Our journey is defined by measurable outcomes that strengthen cyber resilience for organisations across industries<\/p>

Supporting 800+ organisations<\/b><\/h3>

Mitigata now works with more than 800 organisations across BFSI, healthcare, manufacturing, automotive, technology, retail, and e-commerce. That range matters. A bank, a hospital, and a manufacturing plant each face different threats and compliance obligations, and serving all three well requires a platform built to adapt rather than a single rigid product.<\/p>

One Million Security Incidents Triaged<\/b><\/h3>

Mitigata’s security operations centre has triaged more than one million security incidents to date. At that scale, manual triage stops being realistic, which is exactly why AI-driven automation sits at the core of how the SOC runs. Every incident processed sharpens the models that help the platform recognise patterns faster the next time around.<\/p>

12x Year-on-Year Growth<\/b><\/h3>

Mitigata’s business has grown 12 times year on year, a pace that reflects rising demand for corporate cyber insurance and growing enterprise trust in a platform that combines coverage with active security operations. That growth spans company sizes, from SMEs buying their first cyber risk insurance policy to large enterprises consolidating fragmented vendor relationships into one resilience partner.<\/p>

Impact by the Numbers<\/b><\/h3>

The following figures illustrate how Mitigata has grown while helping organisations strengthen their cyber resilience.<\/p>
Metric<\/th>Figure<\/th><\/tr><\/thead>
Organisations supported<\/td>800+<\/td><\/tr>
Security incidents triaged<\/td>1,000,000+<\/td><\/tr>
Year-on-year growth<\/td>12\u00d7<\/td><\/tr>
Compliance frameworks mapped<\/td>30+<\/td><\/tr>
Reduction in manual compliance work<\/td>80%<\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t\t
\n\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Cyber Risk \n\n\n Never Stands Still<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Neither does Mitigata’s AI-powered cyber resilience platform.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tTalk to Our Experts today!<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

What Makes Mitigata Different?<\/b><\/h2>\n

AI-Powered Security Operations<\/b><\/h3>\nAt the centre of Mitigata’s platform is a 24×7 AI-powered security operations centre, supported by Gordon AI as an intelligent security co-pilot. Rather than replacing analysts, Gordon AI helps them work faster by flagging genuine threats, cutting through noise, and giving teams the context they need to respond without switching between multiple dashboards.\n

Unified Cyber Resilience<\/b><\/h3>\nMost companies buy detection tools, risk intelligence, incident response, and insurance from separate vendors that rarely talk to one another. Mitigata brings these functions into a single operating framework, so a risk flagged during monitoring can inform incident response and insurance coverage without weeks of back-and-forth between providers.\n

Cyber Insurance Built Into Security<\/b><\/h3>\nMitigata operates as India’s first IRDAI-regulated cyber insurance broker built specifically around cyber risk. This lets the company align insurance coverage with a customer’s actual risk profile in something close to real time, rather than relying on a static questionnaire filled out once a year. As threats evolve, the relevance of the policy evolves with them, which is a meaningful departure from how cyber liability insurance has traditionally been sold and managed in India.\n\n
\n“The integration problem is not a UX problem. It is a structural one. And structural problems do not get fixed by dashboards.”\n

\n– Mayank Morya, Co-Founder & CTO, Mitigata<\/strong>\n<\/blockquote>

What the Series B Funding Will Accelerate<\/b><\/h2>\n

Expanding AI-Native Technologies<\/b><\/h3>\nA share of the new capital will go directly into Gordon AI’s underlying models, improving detection accuracy and reducing the time it takes to triage and respond to incidents.\n

Scaling One of India’s Largest AI-Powered SOCs<\/b><\/h3>\nMitigata plans to expand its security operations centre further, adding capacity to support more organisations without stretching response times.\n

Growing Our Engineering and AI Teams<\/b><\/h3>\nThe company intends to grow its engineering and AI talent pool, a necessary step for a platform that depends on continuously improving models rather than static software.\n

Accelerating International Expansion<\/b><\/h3>\nBeyond India, Mitigata is looking to extend its cyber resilience and insurance model to new markets, building on lessons learned from serving 800+ organisations domestically.\n

Voices Behind the Vision<\/b><\/h2>\nMohit Anand, Mitigata’s co-founder, has spoken about the opportunity to build sovereign, AI-native cyber resilience infrastructure from India, one that reflects local regulatory needs such as the DPDP Act while holding up against global security standards.\n
“India needs cyber resilience infrastructure that understands its regulatory landscape as well as it understands the threat landscape. This funding lets us build both at once.”\n\n