Copenhagen-based cybersecurity startup Moxso has secured €4.7 million in seed funding to advance its AI-driven platform that transforms employee behavior into actionable risk intelligence.
The round was led by Seed Capital, with participation from Ugly Duckling Ventures and D2 Fund. The investment marks Seed Capital’s first move into cybersecurity as part of its new strategy to back Denmark’s next generation of tech leaders. As part of the deal, Geeta Schmidt, former CEO of Humio (acquired by CrowdStrike in 2021), joins Moxso’s board.
“Moxso is tackling one of the hardest problems in cybersecurity,” said Schmidt. “With the ambition and technology to become a global category leader, they’re the right company for our first cybersecurity investment.”
The fresh capital follows a €1.5 million round in 2024 and comes on the heels of strong momentum: Moxso was recently selected for Google’s Growth Academy for Cybersecurity, has quadrupled its headcount, and tripled revenue to reach double-digit millions.
With the new funding, the company plans to:
• Accelerate innovation in AI-powered risk intelligence
• Expand into additional European markets
• Scale its engineering, product, and go-to-market teams
“Organisations don’t want another compliance checkbox,” said Rune Boye Knudsen, co-founder and CEO. “They want measurable, automated resilience — and this investment gives us the resources to deliver that at scale.”
Founded by Knudsen and Mikkel Lindblom, Moxso addresses the rise of personalised cyberattacks, which often exploit individual vulnerabilities that generic awareness training misses.
Instead of static templates, Moxso’s platform analyses live employee signals, builds dynamic risk profiles, and delivers targeted interventions — adapting as quickly as attackers evolve.
“Every attack starts with a human decision,” Knudsen said. “Moxso ensures those decisions tilt the odds back in the company’s favour.”
Already active in Denmark, Sweden, Norway, and Finland, the startup now aims to expand its reach across Europe.
