📝 Mycroft raises $3.5M

News of the Day

Toronto-based Mycroft has raised a $3.5 million USD seed round, led by Luge Capital with participation from Brightspark Ventures, Graphite Ventures, and existing backers Ripple Ventures, DevCap, Antler, and BoxOne, to bring enterprise-grade security to SaaS startups without the overhead. Founded in 2024 by former PartnerStack leaders Mike Kim, Jonathan Mendes, and Jan Jedrasik, the company is building what it calls a “Goldilocks tool” — an AI-powered security and compliance officer designed to replace scattered tools, manual workflows, and spreadsheet-driven processes. With over 50 customers already, including Superwhisper, Willful, and Wisedocs, Mycroft helps growth-stage SaaS companies in regulated industries secure devices, monitor cloud infrastructure, enforce policies, manage incidents, and prepare for audits — tasks that traditionally require costly, under-resourced teams. The new capital, which brings total funding to $4.7 million, will expand its 15-person team and accelerate go-to-market efforts as the company positions itself as the lean but capable “teammate” startups need to stay safe while scaling.

If you have tweets you want to submit to be featured here (from you or someone you like), reply to this email with a link!

Chart of the Day

Sponsored by: