Lithuanian cybersecurity startup Cyber Upgrade has secured €2.5 million in a Seed funding round. Investors include Superhero Capital, Specialist VC, FIRSTPICK, NGL Ventures, and prominent angels such as Marios S. Kalochoritis and Sergei Anikin, former CEO of Pipedrive.

This funding comes just 12 months after the company’s €650,000 Pre-Seed round in February 2024.

Cyber Upgrade plans to use the investment to further develop its AI-powered system, with the ultimate goal of achieving full autonomy, requiring zero human intervention.

At the core of Cyber Upgrade’s offering is its “copilot” tool—an automated system designed to guide companies through cyber audits and compliance readiness using popular communication platforms like Slack or Microsoft Teams. By answering structured questions, businesses can quickly evaluate their cybersecurity posture, even without dedicated in-house cybersecurity teams.

Delivered as a subscription service, Cyber Upgrade’s tool makes enterprise-level cyber protection and compliance accessible for organizations of all sizes.

Aurimas Bakas, CEO of Cyber Upgrade, emphasized the mission: “Our goal is to provide businesses with Fortune 500-level cybersecurity capabilities without the need for expensive, large-scale teams. With rising cyber threats and increasing regulations, we’re offering a practical solution to ease the burden on overworked CISOs and CTOs.”

Bakas noted that today’s cyber leaders face responsibilities extending far beyond internal system security. Automating smaller, repetitive tasks enables teams to focus on higher-level governance and strategy.

Looking ahead, Cyber Upgrade plans to evolve its AI system into a fully autonomous solution. While the current focus is on cyber governance, Bakas envisions the technology’s potential as a comprehensive compliance management platform, positioning Cyber Upgrade as a pioneer in deep tech solutions for businesses worldwide.

At NGL we invest in startups via investment syndicates because there are many benefits of sharing competences, risks, and costs when investing in startups. First of all, it helps attract more and better deal flow due to the combined larger ticket. It also allows angels to invest smaller sums per startup, making more deals, building a portfolio, and diversifying. We also make collective analysis and decisions leveraging the expertise of our investor group.