As cyber threats escalate and European companies seek stronger protection against rising digital risks, Paris based Stoïk has stepped forward with a fresh wave of funding to scale its integrated cyber insurance and security platform. With demand for comprehensive cyber resilience solutions increasing across the continent, the company’s newest investment round aims to push its AI powered model deeper into European markets.
A Significant Series C Raise
Stoïk has completed a twenty million euro Series C funding round co led by Impala, which joins as a new investor, and Opera Tech Ventures, an existing backer. Current investors Alven and Andreessen Horowitz also participated, demonstrating sustained confidence in the company’s direction and expanding influence in the cyber insurtech sector.
The funding round will help Stoïk amplify its model across Europe as it builds toward becoming a foundational player in protecting businesses from cyber incidents.
A Comprehensive Model for Cyber Resilience
Founded in 2021 by Jules Veyrat, Alexandre Andreini, Nicolas Sayer and Philippe Mangematin, Stoïk operates using a complete three part model that blends cyber insurance, proactive protection and incident response. This 360 degree approach is supported by increasingly sophisticated proprietary AI agents designed to detect risks, prevent attacks and respond quickly when incidents occur.
Stoïk focuses on organisations with up to one billion euro in revenue and supports them before, during and after cyber events. This includes helping companies reduce exposure, maintain operations during disruptions and recover effectively while limiting financial impact.
Growing European Footprint
The company has expanded steadily across Europe. Stoïk currently operates in France, Germany, Spain, Belgium, Austria and Luxembourg. Nearly five years after launch, Stoïk works with more than two thousand broker partners and protects more than ten thousand businesses across the continent.
Its workforce has grown to more than one hundred thirty specialists based in six European countries. This expansion reflects both the rising demand for cyber risk solutions and Stoïk’s ability to build a trusted presence in the insurance and cybersecurity landscape.
Focus on Precision and Sustainable Growth
CEO and co founder Jules Veyrat emphasises that Stoïk’s recent success is rooted in disciplined operations and careful financial management. He notes that the amount raised in the Series C round was intentionally aligned with the company’s next phase of growth, ensuring that capital is matched to operational needs rather than exceeding them.
According to Veyrat, the new funding will allow Stoïk to scale its current model while accelerating investments in proprietary AI agents that support prevention, detection and rapid incident response. The continued evolution of these AI systems is central to the company’s strategy as cyber threats grow more frequent and more sophisticated.
Building Toward the Future of Cyber Insurance
The Series C investment will support further development of Stoïk’s cybersecurity and insurance products, deepening the integration of AI into every stage of the customer journey. The company plans to expand its international footprint with a focus on Central and Southern Europe where demand for comprehensive cyber coverage is rising quickly.
Stoïk also intends to continue developing its advanced AI technology stack. These tools will play an increasingly important role in identifying vulnerabilities, monitoring threats and automatically initiating response measures to protect client businesses.
A Strengthening Position in the European Market
With its latest funding round, a growing network of broker partners and a rapidly evolving AI driven platform, Stoïk is solidifying its position as a major European player in cyber insurance and risk protection. As digital threats intensify, the company aims to meet them with a combination of intelligent technology, in house expertise and the financial stability required to support organisations across Europe.
Stoïk’s continued growth signals a broader shift in how companies approach cyber resilience, highlighting the rising demand for integrated solutions that combine insurance and real time protection powered by advanced artificial intelligence.