QuoIntelligence closes €7.3M Series A to bring institutional-grade threat intelligence to the European mid-market

NIS2 brought roughly 160,000 EU entities into scope for proactive cyber risk management, up from around 10,000 under the original directive, while DORA added a parallel layer for some 22,000 financial firms with a four-hour initial incident-reporting window. However, the capacity to produce actionable threat intelligence on this scale does not yet exist: the teams of analysts who produce it have always been concentrated in a handful of large firms, while most of the 160,000 newly in-scope entities are mid-market companies that have never had such a team.

QuoIntelligence, founded in Frankfurt in 2020 by Marco Riccardi as a spin-off from QuoScient's intelligence team, was built to fill this gap. Its Unified Risk Intelligence model pairs an AI-powered platform, Mercury, with a team of European analysts who provide intelligence briefs in the correct language and sectoral context for each customer. A conversational AI analyst called KARLA then makes those briefs queryable from the board down to the SOC. The product is delivered as fully processed intelligence that customers can act on. No internal team is needed, and all data is held inside the EU.

The company has just closed a €7.3 million Series A, led by Elevator Ventures and co-led by BMH. Returning investors eCAPITAL and Mercurius Private Equity also participated in the round, which brings the company's total capital raised to roughly €12.3 million. Proceeds will go towards European expansion, R&D and hiring, with a channel-led route to market in the financial services, government, industrial manufacturing, retail and transport sectors.

The key point is sovereignty. QuoIntelligence is incorporated under German law, runs additional entities in Spain and Italy, and keeps all intelligence data inside the EU. For a regulated mid-market firm, this distinction is between a procurement question and a compliance one.

Sources: QuoIntelligence | Tech.eu

Founder: Marco Riccardi