# Empirical Security funding: rounds and investors

> Empirical Security has raised $37M across 2 rounds since 2025. Investors include Costanoa Ventures and DNX Ventures. Every round with its source.

Source: https://millionrounds.com/company/empirical-security (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Empirical Security*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$37M** raised across 2 rounds since 2025, from 2 sources

**$12M** Seed **$25M** Series A

- **Latest round:** Series A, $25M Jul 2026
- **Step-up i:** 2.1×
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$12M** Seed

**$25M** Series A

- **First round:** Seed, $12M
- **Biggest round:** $25M
- **Between rounds:** 12 months

## The rounds

- **Jul 2026** Series A **$25M** *2 returning* [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) Source recorded SEC filing: $21M sold
- **Jul 2025** Seed **$12M** *2 new* [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) Source recorded SEC filing: $12M sold, first sale Aug 2024

## Founders and team

From Empirical Security's own website: 3 on the team.

- **Ed Bellis** CEO
- **Jay Jacobs** Chief Data Scientist
- **Michael Roytman** CTO

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2025 **Series A** 2026 [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us)

## Everyone who backed them

[Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) VC firm **2** rounds

[DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us) VC firm **2** rounds

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=empirical-security).

## Also claim to have backed them

These 2 firms list Empirical Security as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Hyde Park Angels](https://millionrounds.com/fund/hyde-park-angels) Angel network Per its own site

[HPA](https://millionrounds.com/fund/hpa) VC firm Per its own site

## Quick answers about Empirical Security

### Who invested in Empirical Security?

Empirical Security's investors include Costanoa Ventures and DNX Ventures.

### How much has Empirical Security raised?

Empirical Security has raised $37M across 2 rounds since 2025.

### When did Empirical Security last raise?

Empirical Security's most recent round was a Series A of $25M in Jul 2026.

### What was Empirical Security's biggest round?

Its most recent round, $25M in Jul 2026, is also its largest on record.

### Who backed Empirical Security first?

Empirical Security's first round on record, in Jul 2025, was backed by Costanoa Ventures and DNX Ventures.

### What stage is Empirical Security at?

Empirical Security's latest named round is a Series A, in Jul 2026.

### Where is Empirical Security based?

Empirical Security is based in the United States.

## Companies like Empirical Security

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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