Empirical Security Raises $25 Million in Series A Funding

Cybersecurity startup Empirical announced it has raised $25 million in a Series A funding round that brings the total raised by the company to $37 million. The new investment round was led by Brightmind Partners, with additional support from Costanoa Ventures, Hyde Park Angels, and other investors. Founded in 2024, Chicago-based Empirical will use the fresh funding to accelerate the development of its two flagship products that help organizations predict and identify threats in the agentic AI era. Empirical provides organizations with Foundation, a global cybersecurity model that monitors over 18,000 exploited CVEs for threat prediction, and Radiant, a predictive engine that can identify threats relevant to each organization's environment. The predictive models deliver the intelligence that organizations need to discover risks within background noise, according to the company. Empirical was co-founded by CEO Ed Bellis, who co-founded Kenna Security, CTO Michael Roytman, who served as Chief Data Scientist at Kenna, and Chief Data Scientist Jay Jacobs, who co-created the Exploit Prediction Scoring System.