Seed Investment Round Closed!

Equixly Secures €1.5 Million in Seed Round Funding, to bring an AI-Powered Hacker to Secure your API

Florence, Italy - November 8th, 2023.

Equixly, the pioneering AI-driven API Penetration Testing Platform, is proud to announce the successful completion of its seed round funding, securing 1.5 million EURO.

The funding round was led by 360 Capital through Nader Sabbaghian, with participation from Nana Bianca Startup Studio and Stephen De Vries, Co-founder and CEO of IriusRisk.

A Seed Fundraising to Enhance AI-driven Cybersecurity

Equixly was established in 2022 by cybersecurity professionals Alessio and Mattia Dalla Piazza, who have over 15 years of experience in managing enterprise-level penetration tests, including government and law enforcement projects. As cyber-attacks continue to worsen, companies must increasingly equip themselves to counter them. Our studies revealed it typically takes over 154 hours to test 40% of an API system.

Equixly employs an advanced ML algorithm trained on numerous security tests to automate API attacks and deliver results with actionable remediation plans for developers. The platform ensures organizations remain resilient against cyber threats and also allows them to continuously test their security before releasing new code or features to the public.

Mattia Dalla Piazza, Co-Founder and CEO of Equixly, expressed his enthusiasm about the funding round, saying, “This investment allows us to enhance our AI-driven cybersecurity solution further and expand our reach. With the support of our investors, Equixly is well-positioned to strengthen data protection in the most sensitive industries with innovative technologies 100% made in Italy”.

“Equixly is at the exciting crossroad of cybersecurity/AI applied to the increasingly critical world of API-driven software development. We are firm believers in the importance of cybersecurity tools for DevSecOps, supporting the development of products that are secure by design. The need for Equixly’s pioneering AI-based automated API testing solution is clear and the market potential extremely promising.” Nader Sabbaghian, General Partner at 360 Capital.

A Funding Round to Launch a SaaS Platform

Equixly allows you to test 100% of your API Systems within hours, with near-real-time reporting, speeding up the work for penetration testing teams. For developers, it operates as an unobtrusive security auditor, ensuring system robustness, and for security leader roles, Equixly presents a holistic snapshot of security health and potential vulnerabilities.

The funding will be used to develop the machine learning algorithms further, expand Equixly’s global reach, hire top-tier security experts, and refine the SaaS platform for an even more seamless user experience.

By 2024, Equixly’s goal is to obtain a 10% market share in the API security testing sector through significant investments in research and development, established partnerships with key industry players, and continuous education of clients on the importance of API security.

Equixly invites organizations and professionals to join them on their journey to the forefront of cybersecurity technology. With Equixly as their trusted partner, they can experience tangible results that ensure robust protection against cyber threats.

About Equixly

Equixly was established in 2022 by cybersecurity professionals Alessio and Mattia Dalla Piazza, who have over 15 years of experience in managing enterprise-level penetration tests, including government and law enforcement projects. Equixly helps penetration testing companies verify new security issues quickly, and provides corporate security teams with tools that are up-to-date with today’s threat landscape. Software engineers can also harness Equixly’s platform to test their programs’ security frequently during development, before releasing new features to the public.

For more information about Equixly and its groundbreaking AI-driven cybersecurity solutions, please visit www.equixly.com.

About 360 Capital: European Early Stage Investor

360 Capital is an early-stage venture capital firm (pre-seed, seed and Series A) investing in Europe and focusing on business process automation, deep technologies and mass consumption disruption. For 25 years, they have supported talented entrepreneurs in the creation of high-growth technology companies. Led by an experienced team based in Paris, London and Milan, 360 Capital manages €500 million in assets and a portfolio of over 60 holdings.

For more information: www.360cap.vc

Press contact email: [email protected]

Mattia Dalla Piazza

CEO & FOUNDER

Mattia's fascination with cybersecurity began in the early 2000s during his school days when he discovered vulnerabilities in school systems. With over 15 years in the Information Technology domain, he has built a notable career that includes leadership roles, such as heading a System Engineering Centre of Excellence for UniCredit Bank and being an International IT Manager at IBM. Mattia's expertise also extended to a NASDAQ-listed company, where he oversaw the management of its data centers as a System Engineer. Mattia is well-known for his ability in information network design, security, and infrastructure architecture. His robust problem-solving skills and forward-thinking vision underscore his commitment to enhancing service efficiency and fortifying his clients' security posture.

Carlo De Micheli

Director of Product Marketing

Carlo is a versatile professional with extensive international experience. His enthusiasm for innovation extends across cybersecurity, automotive, and aerospace, where he actively engages in pioneering projects. Holding a technical background in aerospace engineering and supplementing it with independent studies in programming and security, Carlo has organized and presented at international conferences and established tech startups related to the sharing economy and fashion before embracing marketing and sales.