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Empirical Security

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Custom AI models for enterprise vulnerability management

Chicago, United StatesFounded 2024Cybersecurity
Valuation $100–250M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Empirical Security

Empirical Security is a cybersecurity intelligence company that develops artificial intelligence models tailored to an enterprise's specific infrastructure and threat landscape. Founded in 2024 by Michael Roytman and Jay Jacobs, the Chicago-based firm emerged from stealth in July 2025 with $12 million in seed funding. The founding team was joined by Ed Bellis, who assumed the role of CEO, reuniting the leadership trio from Kenna Security, a risk-based vulnerability management pioneer acquired by Cisco in 2021. Roytman, now CTO, and Jacobs, Chief Data Scientist, were instrumental in creating the Exploit Prediction Scoring System (EPSS), an open-source standard for predicting vulnerability exploitation.

The company's core offering is a dual-model AI architecture designed to provide more precise threat prioritization than generic, one-size-fits-all security tools. This system combines global models, which are trained on millions of daily exploitation events from internet-wide datasets, with local models. These local models are trained on an organization's unique data, systems, and technical stack, creating a customized defense that adapts to the specific environment. This approach enables security teams and CISOs to make more accurate, evidence-based decisions on which vulnerabilities to address first, reducing alert noise and focusing resources on the most critical threats.

The business model targets enterprise security teams, offering a platform to enhance their vulnerability management programs. The recent seed round, led by Costanoa Ventures with participation from DNX Ventures, Sixty Degree Capital, and HPA, will be used to accelerate product development and go-to-market efforts. The involvement of notable angel investors from companies like Google/Mandiant and Qualys underscores confidence in the company's approach to personalized AI in cybersecurity.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2024
Headquarters
Chicago, United States
Employees
29
Open positions
6
Dealroom signal
87.8/100
Industry
Security
Sub-industry
Cloud & Infrastructure
Sector
Core AI, Cybersecurity, Generative AI, genAI Model Maker, genAI Applications, AI Applications, DT and LS
Technology
Artificial Intelligence, Machine Learning, Mobile app
Business model
SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jul 2026 $25M $100M Hyde Park Angels · Costanoa Ventures · Brightmind Partners ↗
SEED✓Equity / VC Jul 2025 $12M $48M Sixty Degree Capital · Jonathan Cran · Wade Baker · Costanoa Ventures ↗
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Growth signals

Empirical Security website traffic

Latest recorded traffic for Empirical Security is 2.7K monthly website visits, up 125% over the last three months.

Latest monthly visits2.7K 3-month web change+125%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

  • Costanoa Ventures
  • Sixty Degree Capital
  • Jonathan Cran
  • Wade Baker
  • Gerhard Eschelbeck
  • DNX Ventures
  • HPA Holdings

Series A2 investors entered at this stage

  • Brightmind Partners
  • Hyde Park Angels
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Empirical Security on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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