We are pleased to share more on our investment in Mycroft, an agentic AI security platform redefining how modern companies manage cybersecurity, compliance, and security operations. As businesses face intensifying threats and increasingly complex regulatory requirements, Mycroft offers a unified, AI-native approach built for speed, orchestration, and scale.
This investment reflects our ongoing commitment to backing founders with deep experience in the challenges they are solving. Mycroft’s founding team brings deep experience with compliance, security and data management and is focused on delivering a more integrated and efficient platform.
Highlights
- Founded: 2024
- HQ: Toronto, ON
- Funding: June 2025 | C$1.6M Financing
- Investors: Brightspark Ventures, Luge Capital and Graphite Ventures
The Story So Far
Cybersecurity has become one of the most pressing challenges for growing organizations especially those in software and financial services. Given the complexity of modern systems and the various regulatory frameworks, cybersecurity is often managed manually. A small organization may deploy several endpoint and compliance solutions, hire multiple consultants and still feel exposed to the evolving threat landscape. It is not unusual to see security budgets reach hundreds of thousands of dollars a year without achieving a clear sense of security or operational efficiency.
This reality is what prompted Mycroft to take shape.
Mike Kim, the company’s CEO, spent years in data security and saw firsthand how teams were overwhelmed by redundant tools, complex audits and manual compliance work. In both his consulting roles and his time at PartnerStack, Mike saw how even well resourced teams struggled to stay ahead of their security requirements.
While exploring a solution, he reconnected with former PartnerStack colleague Jon Mendes. Their discussions quickly progressed, and Jon joined as co-founder and Head of Product. Soon after, Jan Jedrasik came on board, and together they brought deep shared experience in high compliance environments and a clear vision for what a modern all-in-one security platform should be.
Mycroft launched commercially in late 2024 and quickly saw early traction.
Our Thesis
As modern companies become more complex and start to introduce AI into their tech stacks, coupled with increasingly sophisticated threats, we are entering a period where AI-powered security solutions will become foundational. Rising pressures and a fragmented, costly security landscape make the need for a unified platform like Mycroft clear.
The founding team brings a depth of experience that aligns well with the needs of this market. Their shared experience across high growth environments and their firsthand understanding of security and compliance challenges give them a distinct advantage in building a platform that reflects the realities of modern risk management.
The investment
We are thrilled to have invested in Mycroft alongside Luge Capital and Graphite Ventures. This funding will support team growth across engineering, product, customer success and go-to-market operations, enabling Mycroft to scale its platform and expand its reach through both direct and channel driven strategies.
To learn more about Mycroft, visit their website.
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