What happened
Stoïk closes €20M Series C to strengthen European cyber risk leadership was announced on January 21, 2026, after Stoïk, a Paris-based cyber risk insurtech, secured €20 million in a Series C funding round co-led by Opera Tech Ventures and Impala, with participation from existing investors Alven and Andreessen Horowitz. The capital will support scaling Stoïk’s integrated cyber risk protection model, which blends cyber insurance with proactive prevention, detection, and incident response underpinned by proprietary AI agents. Founded in 2021 by Jules Veyrat, Alexandre Andreini, Nicolas Sayer, and Philippe Mangematin, Stoïk operates in multiple European markets and serves over 10,000 companies via more than 2,000 broker partners. The funding aims to expand offerings across Central and Southern Europe, further develop AI capabilities, and grow the workforce from around 130 to 200 employees.
Who is affected
Small and medium-sized enterprises across Europe that use or consider cyber risk protection solutions from Stoïk are indirectly affected by this funding round, as are broker partners and regional markets where Stoïk plans to expand operations and services.
Why CISOs should care
This funding round signals continued investment in integrated cyber risk and insurance solutions combining AI-enabled prevention, detection, and response. CISOs should note the growing role of hybrid cyber protection models in managing risk and consider how such offerings could complement internal security strategies or influence vendor landscapes in Europe.
3 practical actions
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Reevaluate vendor portfolio strategy: Review how hybrid cyber risk and insurance solutions like Stoïk’s align with your organisation’s risk financing and resilience strategies.
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Assess ecosystem impact: Identify dependencies and integration points with third-party platforms, especially those incorporating proprietary AI for risk detection and response.
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Monitor regional regulatory changes: Track European cybersecurity and insurance regulations that may affect adoption or compliance requirements for integrated risk products.