Stoïk Raises €20 Million in a Series C to Strengthen its European Leadership in Cyber Risk

Stoik, combining insurance and cybersecurity to help companies control their exposure to cyber risk, led by Jules Veyrat, Alexandre Andreini, Nicolas Sayer, Franziska Geier, and Philippe Mangematin, has announced the closing of a €20 Million Series C funding round co-led by Impala, owned by the Veyrat family, which joins the company as a new investor, and Opera Tech Ventures, a long-standing investor of Stoïk, with the participation of existing investors Alven and Andreessen Horowitz.

The capital injection reinforces shareholder confidence and underscores a strong family-backed, long-term commitment to Stoïk’s vision and growth.

Stoïk has delivered a strong performance through a disciplined business model and deliberately raised capital aligned with its next growth phase. The new funding supports sustainable expansion and continued investment in proprietary AI agents at the core of its prevention, detection, and incident-response platform, reinforcing its ambition to become Europe’s integrated cybersecurity leader.

Opera Tech Ventures highlighted Stoïk as a European infrastructure leader, citing the strength of its economic model, execution capabilities, and long-term strategic importance.

Nearly five years after launch, Stoïk has built a pan-European cyber risk protection platform serving over 10,000 companies through 2,000+ broker partners, adding around 600 new clients each month. The company operates across multiple European markets and closed 2025 with over 200% year-on-year net revenue growth and approximately €50 million in gross written premium.

Stoïk provides end-to-end cyber risk protection for small and medium-sized enterprises through an AI-powered 360° model that combines cyber insurance, proactive risk prevention and detection, and in-house incident response capabilities.

This new funding round will allow Stoïk to further strengthen its cybersecurity and insurance offerings, continue its international expansion with a particular focus on Central and Southern Europe, and invest further in the development of proprietary AI capabilities. The company also plans to grow its workforce from 130 to 200 employees over the next twelve months, reinforcing its expertise across prevention, detection, and incident response.