Copenhagen’s Moxso raises €4.7 million to bring adaptive, AI-powered security awareness to global markets

Moxso, a Danish cybersecurity company turning human behavior into real-time risk intelligence, today announced a €4.7 million Seed funding round to fuel global expansion.

The round was led by Seed Capital, with participation from Ugly Duckling Ventures and D2 Fund. The raise follows a year of notable growth where Moxso quadrupled headcount and reportedly tripled revenue to double-digit millions.

“Companies don’t need more security training. They need systems that adapt as quickly as attackers do,” said Rune Boye Knudsen, CEO of Moxso. “This investment gives us the resources to accelerate development and expand across Europe. The demand is clear: organizations want measurable, automated resilience, not another compliance checkbox.”

Founded in 2021, Moxso is a cybersecurity company that turns human behavior into risk intelligence. By analysing live signals, building evolving risk profiles, and delivering adaptive interventions, Moxso looks to transform employees into active defenders.

As part of the round, Geeta Schmidt, former CEO of Humio and one of Denmark’s most successful cybersecurity entrepreneurs, is joining Moxso as investor and board member. Humio was acquired by CrowdStrike in 2021 in one of Denmark’s largest cybersecurity exits.

The company says cybersecurity training has long been static-generic templates, infrequent modules, and little to no measurement of impact. Moxso’s platform aims to replace that with a real-time model:

• Analyses behavior to turn every human action into live intelligence.
• Builds evolving risk profiles that adapt as employee behavior shifts.
• Delivers targeted interventions only where risk actually exists.

“Moxso has developed a unique AI-driven approach that makes companies and their employees stronger against cyberattacks. On top of that, they are winning customers as a first-class solution against both established and emerging competitors. I am very impressed with the founders, Rune and Mikkel, and I am convinced they have the right mindset to make Moxso a world-class leader in this segment,” said Schmidt.

With this funding, Moxso will accelerate product innovation in AI-driven risk intelligence, expand into new European markets, and grow its team across engineering, product, and go-to-market.

“Every attack starts with a human decision. Moxso ensures those decisions tilt the odds back in the company’s favor,” added Rune Boye Knudsen.

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