Lagos-based cybersecurity startup Cybervergent has secured $3 million in seed funding to enhance its AI-driven compliance platform throughout Africa, where cyber incidents have cost businesses and governments over $3 billion since 2019.
Ventures Platform and Atlantica Ventures jointly led a funding round for Cybervergent, a company founded by Adetokunbo Omotosho and Ayomide Daniels.
The funding was announced on Wednesday, with Cybervergent highlighting its role as Africa’s first AI-native platform designed to manage compliance, risk, audit, and data security across enterprise environments.
The investment comes as cybersecurity becomes a critical need across the continent.
According to INTERPOL’s Africa Cyberthreat Assessment Report 2025, financial services and government sectors suffered the worst losses from cyber incidents between 2019 and 2025, with damages exceeding $3 billion.
Building for Africa’s complex regulatory landscape
Cybervergent is designed for large companies in highly regulated fields like finance, telecommunications, manufacturing, retail, and healthcare. Unlike tools aimed at startups, it works well for these enterprises.
The platform supports both cloud and on-premise systems, which is important for African markets where many companies use a mix of both types of infrastructure.
Many organizations across West, East, and Southern Africa use Cybervergent’s platform to manage data security and meet regulatory requirements in real time. The system helps reduce manual compliance tasks by over 70% and gives ongoing visibility into an organization’s security status.
“We built Cybervergent to solve real enterprise risk challenges where the cost of failure is significant,” Omotosho said. “This capital allows us to scale a model that already works, helping enterprises demonstrate trust continuously every day, not just during audit seasons.”
In 2025, the World Economic Forum acknowledged Cybervergent’s work by naming it a Technology Pioneer. This designation is awarded to 100 global startups that use AI to drive significant change in their industries.
Scaling into a $21 billion market
The Middle East and Africa cybersecurity market reached $21.1 billion in 2024 and is projected to grow at 16.1% annually through 2033, according to market research cited in Cybervergent’s announcement.
The $3 million will be allocated to two main priorities: expanding into high-growth African markets to meet localized data residency requirements, and enhancing the platform’s AI capabilities to provide real-time visibility across multi-cloud environments and third-party ecosystems.
Cybervergent changes the usual way companies check compliance. Instead of doing audits once or twice a year, their platform continuously monitors systems. It flags issues as they come up, allowing organizations to show they are compliant with regulators, executives, and customers at any time.
The company previously operated as Infoprive before rebranding to Cybervergent in 2023 to reflect its shift from advisory services to an AI-native technology platform.
For Ventures Platform, this marks the first investment from its new Pan-African Fund II, signalling growing investor confidence in Africa’s cybersecurity infrastructure market as digital transformation accelerates across the continent.
