What Happened

ZeroRisk, a Dublin-based cybersecurity firm, announced a $10M Series A funding round led by MiddleGame Ventures, with existing investor Elkstone participating. The company previously raised $4M in late 2024. ZeroRisk expects to triple revenue this year as contracted programs move into deployment and its international customer base grows.

Who Is Affected

ZeroRisk serves acquiring banks, payment service providers, digital sellers, and other financial institutions. Current clients include Bank of America, Global Payments, Checkout.com, and Trust Payments. The company has offices in Dublin, Longford, and Atlanta, and plans to expand its team globally.

Market Impact

The funding validates demand for real-time merchant cybersecurity and compliance solutions. ZeroRisk’s technology streamlines PCI compliance and provides portfolio visibility, addressing growing threats like scams, credential theft, and website vulnerabilities.

• Payment providers are shifting from annual compliance to continuous monitoring.
• ZeroRisk’s 3x revenue growth target indicates strong market traction.
• Global expansion plans suggest increased competition in the cybersecurity space.

What to Watch

ZeroRisk will use the capital to deepen its platform and increase operational capacity for large portfolio deployments. Watch for new customer announcements, especially in Europe and the US, as the company scales. Competitors may respond with similar funding rounds or product updates.

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