NETHERLANDS; UNITED STATES OF AMERICA —Autonomous offensive security developer Hadrian has raised $40 million in a Series B funding round co-led by Forgepoint Capital International and SmartFin, with continued backing from early investors including HV Capital, Motive Partners, Picus Capital, and Oetker Ventures. The transaction raises total funding in the enterprise to $65 million.
Founded by ethical hackers, Hadrian is an Amsterdam-based cybersecurity software company specializing in agentic offensive security solutions. Its platform combines continuous attack surface discovery with autonomous penetration testing tools to help organizations identify, validate, and prioritize critical external vulnerability risks before exploitation occurs.
The cash injection will fund corporate growth across Europe, the Middle East, and Africa (EMEA) and the United States, while expanding engineering and threat research capability. Demand for automated risk validation is accelerating as generative tools enable threat actors to execute cyberattacks at unprecedented scale and speed. Security operations teams face systemic operational bottlenecks caused by high volumes of non-actionable alert noise, with traditional manual penetration testing failing to offer continuous coverage across expanding digital footprints.
Enterprise adoption of autonomous penetration testing reflects a broader shift toward proactive posture validation in global risk management. Organizations across heavily regulated verticals, including healthcare, logistics, retail, energy, and financial services, face heightened compliance burdens and severe exposure to operational disruption. By substituting periodic manual audits with continuous risk validation, enterprises can significantly optimize internal security resources and reduce mean-time-to-remediation.
For technology investors and corporate decision-makers, Hadrian's capital raise underscores the maturing market for agentic security platforms capable of prioritizing real exploitable risks. As attack surfaces grow increasingly dynamic across cloud environments and supply chains, enterprise security spend is shifting rapidly toward continuous exposure management systems that integrate directly into automated remediation workflows.
