Paris-based Qevlar AI has secured funding led by EQT Ventures and ForgePoint Capital, with backing from tech heavyweights Olivier Pomel (Datadog CEO), Florian Douetteau (Dataiku CEO), and Mehdi Ghissassi (former Director of Product at Google DeepMind).
Qevlar's funding comes amid rising investor enthusiasm for AI cybersecurity solutions. According to Crunchbase:
- Venture capital investment in AI cybersecurity startups has surged past $3.1 billion in the past year alone, according to Crunchbase data
- The AI-cybersecurity intersection continues to attract premium valuations, with recent funding rounds showing 30-40% higher valuations compared to traditional cybersecurity startups
-
Early-stage investments have increased by nearly 60% year-over-year, reflecting strong investor confidence in next-generation AI security solutions
Why CEOs and Boards Should Care:
According to EY's latest cybersecurity research, 87% of boards now consider cybersecurity a business risk rather than just an IT issue. With good reason: operational inefficiencies in Security Operations Centers (SOCs) can increase security costs by up to 30%, according to their data. Meanwhile, 42% of organisations report that the lack of skilled cybersecurity personnel is their biggest security challenge.
Market Context:
-
The timing is critical. Research shows that 65% of organisations are already implementing or planning to implement AI in their security operations, but most solutions only augment human analysts rather than providing true autonomy.
-
The global AI in cybersecurity market is projected to grow from $14.9 billion in 2023 to over $46.3 billion by 2028, according to recent industry analysis.
Why this matters: Security teams are drowning. They physically cannot process 67% of daily alerts, with most being false positives. Meanwhile, two-thirds of organisations face critical security skills shortages. Qevlar's approach is mathematically sound-proof – when humans can't scale, replace routine investigations with autonomous agents that complete the same work in seconds rather than hours. With cyberattacks growing in sophistication and frequency, enterprises are increasingly turning to AI solutions that can adapt and respond in real-time.
The Qevlar Difference:
While most vendors offer "AI assistants" that still require significant human oversight, Qevlar AI has developed what they call a "truly autonomous security engine" that can independently identify, investigate, and respond to threats – representing a fundamental shift in how security operations are conducted.
The founders have built something genuinely interesting – not just automating simple tasks but creating AI agents capable of conducting entire investigations that rival or exceed human capabilities. ForgePoint Capital's Damien Henault joining the board adds serious cybersecurity credibility to an already impressive technical team.
Qevlar AI will also be exhibiting at the upcoming RSA Conference in San Francisco (April 28th - May 1st) just in case you are planning on attending and wishing to meet the Founders? Qevlar AI will be on booth ESE 16 in the Early Stage Expo, and can discuss:
-
Qevlar's leadership on the technical breakthrough enabling autonomous security
- CISOs from early customers on measurable business impact