Stoïk Secures €20m To Scale AI-Driven Cyber Insurance And Incident Response

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Stoïk, a Paris-based cyber MGA, raised €20 million ($23.4 USD) in Series C funding as demand grows for cyber liability insurance combined with hands-on security support. The round was co-led by Impala (Veyrat family-owned) and Opera Tech Ventures. Alven and Andreessen Horowitz also participated.

“This new capital injection will enable us to accelerate a model that already works and supports a sustainable growth trajectory, while investing further in proprietary AI agents that sit at the core of our prevention, detection and incident-response capabilities,” said Stoïk CEO and co-founder Jules Veyrat.

Stoïk logo linked to cyber liability insurance, cyber insurance, and European cyber risk coverage

Funding Backers Bet On A Cyber Risk Platform

Stoïk sells cyber insurance bundled with prevention, monitoring, and incident response. It targets firms with revenue up to €1 billion and says it has protected over 10,000 companies in Europe in under five years.

Stoïk works with over 2,000 broker partners and adds about 600 new companies monthly. It operates in France, Germany, Spain, Belgium, Austria, and Luxembourg.

AI And Expansion Drive The Next Phase

Stoïk plans to invest more in proprietary AI agents used for prevention, detection, and incident response. Veyrat framed the goal as becoming the “CISO of Europe through a single, integrated, portfolio-wide approach.”

Opera Tech Ventures Managing Director Marinus Oosterbeek said Stoïk is building “essential infrastructure” for Europe, adding, “The robustness of its economic model and the team’s excellence in execution across all markets reinforce our long-term commitment.”

Stoïk reported net revenue growth of over 200% year over year in 2025. It also cited about €50 million in gross written premiums.

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Hiring And Product Build-Out

The company aims to grow from 130 to 200 employees in the next year, focusing on Central and Southern Europe. Stoïk positions its package as cyber risk insurance plus operational support. clients face incidents or need expert guidance.

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

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