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AI Security Firm Hadrian Raises $40M Led by Forgepoint and SmartFin

AI security company Hadrian has raised $40 million in a funding round co-led by Forgepoint Capital International and SmartFin, with existing investors HV Capital, Motive Partners, Picus Capital and Oetker Ventures also participating. The company combines continuous exposure management with AI-agent penetration testing to simulate an attacker’s view for enterprises, helping them find external attack surfaces, validate real risk and prioritize remediation.

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AI take

The raise signals that venture money is still flowing to security tooling that treats AI agents as both a defensive instrument and part of the attack surface enterprises must map. It matters most to CISOs and security teams already juggling exposure management with limited headcount, since automated attacker-view simulation is pitched as a way to validate real risk rather than just enumerate findings. The open question is whether this category consolidates around a few platforms or stays crowded, and whether the participating backers' continued support translates into enterprise adoption beyond early buyers.

Generated by AI for reference only.

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