Grace Ashiru
Lagos-based cybersecurity startup Cybervergent has secured $3 million in seed funding to expand its AI-native compliance, risk, audit, and data security platform across Africa. The round was co-led by Ventures Platform — through its newly launched Pan-African Fund II — and Atlantica Ventures.
Founded in 2012 by Adetokunbo Omotosho and Ayomide Daniels, the company spent over fourteen years building without any external capital, originally operating under the name Infoprive before rebranding to Cybervergent in 2023 to signal its transition from cybersecurity advisory services to a full technology platform. Omotosho previously worked on cybersecurity infrastructure at Interswitch, where exposure to PCI DSS compliance gave him firsthand insight into the scale of security gaps across Africa’s expanding digital economy.
The platform currently serves more than 150 enterprise clients across West, East, and Southern Africa — spanning Nigeria, Ghana, Kenya, and Cameroon — in heavily regulated industries including banking, insurance, telecoms, and fintech. It covers more than 100 regulatory frameworks across the Pan-EMEA region and maps over 4,500 regulatory controls. Rather than depending on the periodic manual audits that many African organizations still rely on, Cybervergent’s platform monitors compliance, governance, and data security on a continuous basis, providing real-time visibility across cloud environments and third-party ecosystems.
The new capital will be directed toward two priorities: expanding into additional African markets to meet localized data residency requirements, and deepening the platform’s AI capabilities — including greater automation of governance workflows and more advanced security posture intelligence.
The funding arrives against a challenging backdrop. Cyber incidents have cost African businesses and governments more than $3 billion since 2019, according to INTERPOL’s Africa Cyberthreat Assessment Report 2025, with the financial services and government sectors bearing the heaviest losses. The broader Middle East and Africa cybersecurity market reached $21.1 billion in 2024 and is projected to grow at an annual rate of 16.1% through 2033.
In 2025, the World Economic Forum recognized Cybervergent as a Technology Pioneer, a designation given to 100 global startups using AI to drive meaningful industry change. For Ventures Platform, the investment marks the first deal out of its Pan-African Fund II, reflecting growing conviction that governance, risk, and compliance infrastructure has become a foundational layer for Africa’s digital economy.
