Amsterdam-founded cybersecurity company Hadrian announced a $40 million funding round on October 6, 2026, bringing its reported total funding to $65 million. The company says it will use the capital to expand across Europe, the Middle East and Africa (EMEA) and the United States, while increasing investment in engineering and research. Its platform combines continuous external attack-surface mapping with on-demand penetration testing.
Who invested in Hadrian’s $40 million round?
Forgepoint Capital International and SmartFin co-led the financing. Existing investors HV Capital, Motive Partners, Picus Capital and Oetker Ventures also participated. Hadrian reported the round and its resulting $65 million total funding on October 6, 2026; those figures are company-reported. Hadrian’s announcement
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Forgepoint separately explained its investment on the announcement date. It described Hadrian as an AI-native offensive-security platform and cited product maturity, validated findings and attack-surface coverage as strengths. Those are the investor’s assessments, not independent product-test results. Forgepoint Capital International’s investment post
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Founded in Amsterdam in 2021 by Rogier Fischer, Olivier Beg and Maurice Clin, Hadrian sells security software to organizations seeking to understand and test their exposure to external attackers. Fischer is the company’s co-founder and CEO. Hadrian identifies security operations teams and CISOs at medium and large enterprises as its intended customers, particularly those managing asset inventories, validating alerts and prioritizing risks. Hadrian company information
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The offering links two products: Atlas for ongoing visibility and Nova for deeper, on-demand testing. Hadrian says the products share context, allowing a team to investigate an exposure without restarting the assessment from scratch.
Atlas: continuous external attack-surface mapping
Atlas is described by Hadrian as a tool that continuously maps an organization’s external attack surface and checks whether exposures are exploitable. In practical terms, its role is breadth and cadence: maintaining a continuing view of internet-facing assets and potential weaknesses rather than producing only a periodic assessment.
Nova: on-demand agentic penetration testing
Nova is Hadrian’s on-demand penetration-testing product. The company says it uses agentic AI to emulate hackers’ attack paths and investigate risks in greater depth. Its intended role is depth: testing selected exposures when a team needs a more focused assessment.
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Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Clear out junk files and repair common Windows errorsFree Scan →Scan for outdated or missing drivers - takes under a minuteDriver Scan →Hadrian’s CEO Rogier Fischer said the company built its platform to help customers understand key risks and prioritize security resources, arguing that AI can work faster than human offensive-security teams. That is the company’s description of its approach, not evidence that every assessment will be faster or more complete than a human-led test.
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What the funding is meant to support
Hadrian says it plans to use the new capital to expand in EMEA and the United States and to invest further in engineering and research. The announcement does not specify a timetable, hiring target or country-by-country expansion plan, so the round signals intended growth rather than a detailed rollout schedule.
What Hadrian’s performance figures do—and do not—show
In its announcement, Hadrian cited customer outcomes of 10x greater visibility into critical exposures, 80% faster time to resolution and 5x ROI compared with manual penetration testing. These are company-reported results; the announcement does not provide the study design or comparative methodology needed to treat them as independently verified or universal outcomes. Hadrian’s announcement
The same announcement said 87% of organizations still run manual penetration tests, more than 70% of security teams struggle to identify exploitable exposures, and just 0.47% of vulnerability-scanner findings proved genuinely exploitable. Hadrian did not identify the underlying study or methodology for these market statistics in the announcement. They should therefore be read as figures cited by the company, not as independently established industry-wide measurements.
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Continuous exposure mapping and penetration testing address related but different needs. A scanner or asset inventory can offer breadth and frequent updates; penetration testing investigates whether a weakness can be used along an attack path. Hadrian’s stated proposition is to link those activities, carrying context from Atlas into Nova. Whether that is useful for a particular organization depends on the evidence behind findings, the scope and cadence of testing, and how results fit its existing security workflow. Hadrian’s product claims are not a substitute for evaluating those factors in a customer’s environment.
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