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Hadrian announced a $40 million funding round on October 6, 2026, co-led by Forgepoint Capital International and SmartFin. The round brings the company’s total funding to $65 million and will support engineering and research, alongside expansion in the United States and across EMEA.
What Hadrian’s $40 million round funds
Hadrian said the new capital will go toward engineering and research and expanding its business across EMEA and the United States. CEO Rogier Fischer said most of the funds are intended for research and development, with a significant portion allocated to US expansion. The company did not disclose a valuation or revenue figures.
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Who invested, and how the total reached $65 million
Forgepoint Capital International and SmartFin co-led the latest round. Existing investors HV Capital, Motive Partners, Picus Capital and Oetker Ventures also participated.
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| Round | Amount | Details |
|---|---|---|
| Pre-seed | €2.5 million | Raised in 2021 |
| Seed | €10.5 million | Raised in 2022; led by HV Capital |
| Latest round | $40 million | Announced October 6, 2026; co-led by Forgepoint Capital International and SmartFin |
Hadrian reports total funding of $65 million. The earlier rounds were reported in euros; those amounts are shown in their original currencies rather than converted.
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What Hadrian’s offensive security platform does
Hadrian combines continuous exposure management with automated penetration testing. Its two components address related but distinct security tasks:
Atlas: mapping and validating exposure
Atlas maps an organization’s external attack surface and uses AI agents to investigate flagged weaknesses, helping determine which may be genuinely exploitable. That focus on exploitability is different from simply presenting a list of detected vulnerabilities: it aims to help security teams distinguish actionable exposure from findings that may not represent a practical attack path.
Nova: on-request penetration testing
Nova runs automated penetration tests when requested. Together, Atlas and Nova span ongoing visibility into external exposure and testing initiated for a particular need; they do not make human security judgment unnecessary.
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How Hadrian describes its AI safety controls
Hadrian says humans set objectives and make key decisions, while agents carry out tasks in between. It also says a second agent checks each agent action and that the system operates under strict limits. These are the company’s descriptions of its safeguards; they do not amount to independent validation of the platform’s security or performance.
What is known about customers and performance claims
Hadrian names McKesson, NBCUniversal, Francisco Partners, TotalEnergies, Amadeus, Leroy Merlin and Damen Shipyards as customers. It also reports customer claims of 10x greater visibility into critical risks, 5x ROI compared with manual penetration testing, and 80% faster time to resolution. These figures are vendor-reported customer claims, not independently validated benchmarks; the announcement details provided no measurement methods or comparison conditions.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the funding announcement does—and does not—establish
The round signals investor backing for Hadrian’s plan to develop its platform and expand in the US and EMEA. The announcement does not disclose valuation or revenue, and the performance figures should be treated as company-reported claims rather than proof that results will generalize to other organizations. The company was founded by CEO Rogier Fischer, Olivier Beg and Maurice Clin.
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