Kikimora.io is an AI-driven platform that prioritizes and measures critical software vulnerabilities by combining threat intelligence, business-context risk scoring, and exposure to help security teams focus remediation. The product is currently at MVP stage and is used by several enterprise customers on subscription plans priced between $159 and $740. The company reports subscription revenues from a few clients and expects 2024 revenue to exceed BGN 350k, with a five-year projection to surpass BGN 18M (CAGR 166%). Kikimora.io targets firms with more than 500 employees—software, energy, healthcare, finance/fintech and transport—and is developing features to serve smaller companies via an Integrated Consulting tool. The roadmap calls for the platform to become fully AI-based and for international expansion, prioritizing the UK, Germany, and Bulgaria. The product is developed by SoCyber; the whole group has about 15 employees, half working on Kikimora.io, with six new positions planned. SoCyber is a Bulgarian cybersecurity firm founded in 2018 by Krasimir Kocev, specialising in application and network security testing and providing Security-as-a-Service. It is developing Kikimora, a vulnerability-management product that centralises access and management of vulnerabilities, integrates with scanners and solutions, and generates tailored reports. The main version is expected in August–September and already has subscribers testing it; the product was verified with businesses in the gas and electricity sectors for data‑breach checks. Funds from the recent financing will be used to complete product functionality, support marketing and sales, present at specialised conferences, and may enable expansion of the current 15-person team. SoCyber reported revenues of 651k BGN in 2021, has achieved 137% sales growth over the past three years, and plans to exceed 2M BGN by 2025. The roadmap includes adding machine learning to automate risk recognition and remediation, with primary target markets in the U.S. and secondary markets in the U.K. and Western Europe.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Dec 2023