Funding round
Horizon3.ai Seed
Horizon3.ai, which works in autonomous penetration testing services in Dover, raised $3.5M in a Seed round announced on 23 Jan 2020, led by SignalFire. 2 firms took part. It is Horizon3.ai's first venture round on record.
$3.5M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Horizon3.ai did not disclose a valuation in this round. It is Horizon3.ai's first venture round on record, 1 year after it was founded in 2019. It is under 1% of the $429M Horizon3.ai has raised in the venture rounds on record. Horizon3.ai raised again 13 months later: a Series A round of $5.0M in Feb 2021, at $50M post-money.
Horizon3.ai's funding rounds
Horizon3.ai has 6 venture rounds on record. This one is highlighted.
- Seed this round 23 Jan 2020, led by SignalFire $3.5M
- Series A 1 Feb 2021, led by SignalFire $5.0M$50M post-money
- Series B 2 Nov 2021, led by SignalFire $30M
- Series C 8 Aug 2023, led by Craft Ventures $40M
- Series D 10 Jun 2025, led by New Enterprise Associates $100M
- Series E 3 Aug 2026, led by NightDragon and New Enterprise Associates $250M$2.00B post-money
Investors
Who put money in
SignalFire led the round with 1 other firm.
Lead investor
- backs 121 venture-backed companies new investor
Also in the round
- backs 44 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations, acquisitions and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
1,137 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.5M, and this round was 1.4 times the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 8 Jan 2020 | $15M | not disclosed | not named |
| Tech Companies | 1 Jan 2020 | $8.0M | not disclosed | not named |
| Tech Companies | 15 Jan 2020 | $7.5M | not disclosed | not named |
| Tech Companies | 7 Jan 2020 | $6.2M | not disclosed | Activate Venture Partners |
| Tech Companies | 1 Jan 2020 | $6.0M | not disclosed | not named |
| Tech Companies | 28 Jan 2020 | $6.0M | not disclosed | not named |
| Tech Companies | 1 Jan 2020 | $5.0M | not disclosed | not named |
| Tech Companies | 1 Jan 2020 | $5.0M | not disclosed | not named |
Questions
Frequently asked
How much did Horizon3.ai raise in its Seed round?
Horizon3.ai raised $3.5M in its Seed round, announced in Jan 2020.
Who led Horizon3.ai's Seed round?
SignalFire led it, with Ridge Ventures.
What was Horizon3.ai's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
1,137 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.5M, and this round was 1.4 times the median.
Did Horizon3.ai raise again after this round?
Yes: a Series A round in Feb 2021 of $5.0M at $50M post-money.