Fundraising Fox

Empirical Security

Chicago, US · Founded 2024 · Delaware corporation · 30 employees on LinkedIn · 3 known investors

Founders & leadership

Empirical Security was founded in 2024 by Edward Bellis and Michael Roytman.

EB
Edward BellisCo-founder
MRMichael Roytman
Michael RoytmaninCo-Founder, CTOMichael Roytman is Director at Empirical Security, with a background as an advisor in the computer software industry and expertise in security metrics. He holds a Master of Science in Operations Research from the Georgia Institute of Technology.
JJ
Jason JacobsExecutive
SW
Stephen WardNamed on SEC filing

Board

JCJohn Cowgill
John Cowgillin𝕏Board MemberPartner at Costanoa Ventures

Investors · 3

Reported raises · per SEC filings

Form D private placements

$32.8M disclosed across 2 rounds · 2024–2026

$20.8MraisedAug 2026 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Edward BellisExecutive Officer, Director, Promoter
  • Jason JacobsExecutive Officer
  • John CowgillDirector
  • Stephen WardDirector
  • Michael RoytmanDirector
Offering amount
$25M
Amount sold
$20.8M
First sale
Jul 2026
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$11.9MraisedJul 2025 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jason JacobsExecutive Officer
  • John CowgillDirector
  • Edward BellisExecutive Officer, Director
  • Michael RoytmanDirector
Offering amount
$12.4M
Amount sold
$11.9M
First sale
Aug 2024
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 9

by search overlap
Armosec15 shared keywordsARMO provides a runtime behavioral Cloud Application Detection and Response (CADR) platform that protects cloud applications against zero-day and ongoing threats across the cloud technology stack. It offers explainable and traceable runtime security for cloud-native environments.
Safe Security14 shared keywordsSAFE Security provides an AI-driven platform for cyber risk management, covering third-party risk management (TPRM), continuous threat exposure management (CTEM), AI security posture management (AI-SPM), and cyber risk quantification (CRQ). It uses an agentic workflow engine with native integrations to serve enterprise organizations, including a portion of the Fortune 500.
Apiiro13 shared keywordsApiiro provides application security tools for agentic AI development, including API security, secrets management, supply chain security, and code scanning capabilities built on an AppSec Data Fabric platform.
Mend12 shared keywordsMend.io provides visibility and governance tools for identifying and managing shadow AI and software supply chain risks in organizations. The platform helps development teams and security practitioners secure AI and software dependencies across their systems.
Nucleus Security11 shared keywordsNucleus Security offers a unified exposure management platform that consolidates security data from 200+ sources, prioritizes vulnerabilities with threat intelligence, and automates remediation workflows. It serves large enterprises, federal, state, and local government agencies, and government contractors in the cybersecurity industry.
BitSight Technologies11 shared keywordsBitsight provides a cyber risk intelligence platform that monitors entities across the internet to identify vulnerabilities and emerging threats in real time. The platform serves security, risk, and governance teams with threat context, vulnerability prioritization, and compromised credential detection to help organizations remediate exposures before attacks occur.
Picus Security9 shared keywordsPicus operates a security validation platform that uses AI agents to combine automated penetration testing, exposure validation, and breach and attack simulation, testing whether real exploit chains would succeed against a customer's EDR, SIEM, firewall, and WAF controls. It serves enterprise security teams and CISOs to prioritize vulnerabilities and produce evidence for leadership and regulators.
Filo9 shared keywordsFilo offers personalized, goal-based online tutoring through live 1-on-1 sessions with expert tutors, covering K-12 subjects, college courses, and competitive exams such as JEE, NEET, SSC, Banking, and Railways. Its programs include structured private courses with progress tracking, assignments, doubt-clearing, and AI-powered learning tools for students.
Fossa9 shared keywordsFOSSA provides audit-grade open source license compliance software that scans codebases with full-text analysis to detect licenses, enforce policies, and automatically generate attribution documents. It serves both developer and legal teams by integrating license scanning into CI/CD pipelines and development workflows.

Companies competing with Empirical Security for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

Who founded Empirical Security?
Empirical Security was founded by Edward Bellis, Michael Roytman in 2024.
Who are Empirical Security's investors?
Empirical Security's investors include Sixty Degree Capital, Costanoa Ventures, Hyde Park Angels.
How much funding has Empirical Security raised?
Empirical Security has disclosed $32.8M raised across 2 rounds.
Where is Empirical Security headquartered?
Empirical Security is headquartered in Chicago, US.