- The round was co-led by Impala, an investment firm owned by the Veyrat family, and Opera Tech Ventures, a long-standing investor of Stoïk, with the participation of existing investors Alven and Andreessen Horowitz.
- Stoïk, a French-founded company specialising in cyber risk, has surpassed 10,000 insured and protected companies in Europe in less than five years.
- The funding round will enable the company to invest further in proprietary AI capabilities at the core of its offering, accelerate its expansion across the continent, and strengthen its ambition to become the Chief Information Security Officer (CISO) of Europe.
Paris, 20 January 2026 – Stoïk, Europe’s first insurtech specialising in cyber risk for companies with revenues of up to €1bn, announces the closing of a €20m Series C funding round. The round was co-led by Impala, owned by the Veyrat family, which joins the company as a new investor, and Opera Tech Ventures, a long-standing investor of Stoïk, with the participation of existing investors Alven and Andreessen Horowitz. This capital injection not only consolidates the confidence of existing shareholders but also highlights the strong family-backed commitment to Stoïk’s vision and growth, reflecting a strategic and long-term investment in the project.
“Over the past few years, we have delivered strong performance, supported by a robust underlying business model and a high level of financial discipline. Among the many options available to us, we deliberately chose a funding round calibrated to support our next phase of growth, without exceeding our actual needs” said Jules Veyrat, CEO and co-founder of Stoïk. “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. Our ambition is clear: to be the CISO of Europe through a single, integrated, portfolio-wide approach”.
Marinus Oosterbeek, Managing Director at Opera Tech Ventures, added: “We invest in European leaders building essential infrastructure for the future of the continent, and Stoïk is one of them. The robustness of its economic model and the team’s excellence in execution across all markets reinforce our long-term commitment.”
A validated and fast-growing 360° cybersecurity model, entering a new AI-driven phase
Nearly five years after its creation, Stoïk has established itself in Europe with an integrated cyber risk protection model that today protects more than 10,000 companies, works with over 2,000 broker partners, and covers around 600 new companies each month. The company operates in markets including France, Germany, Spain, Belgium, Austria and Luxembourg, and closed 2025 with year-on-year growth of over 200% in net revenues. It also reached around €50m in gross written premium (GWP).
Stoïk supports small and medium-sized enterprises before, during and after a cyberattack, at a time when cyber risk has become systemic and many organisations lack the internal resources to address it. Its innovative and unique market proposition is based on an AI-powered 360° model that increasingly integrates proprietary AI agents, combining cyber insurance, active risk prevention and detection, and in-house incident response teams.
This new funding round will allow Stoïk to further strengthen its cybersecurity and insurance offerings, continue its international expansion with a particular focus on Central and Southern Europe, and invest further in the development of proprietary AI capabilities. The company also plans to grow its workforce from 130 to 200 employees over the next twelve months, reinforcing its expertise across prevention, detection and incident response.
About Stoïk
Stoïk is Europe’s first cyber MGA, protecting SMEs and mid-sized organizations with an integrated AI-powered model that combines cyber insurance, active risk prevention and in-house incident response.
Founded in 2021 by Jules Veyrat, Alexandre Andreini, Nicolas Sayer and Philippe Mangematin, Stoïk works with more than 2,000 broker partners, protects over 10,000 companies and employs more than 130 specialists across six European countries.
As cyber risk becomes a systemic challenge, it is Stoïk’s mission to be the CISO of Europe and build sustainable cyber resilience for European businesses. Stoïk supports companies before, during and after an attack, helping them maintain operations, limit financial losses and recover with confidence.