
LN capital
Capital Management Software for Routing Nodes.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Seed | |
Total Funding | 000k |
NOK | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Torq AI, Inc., operating as Torq, is a cybersecurity firm providing an AI-first security hyperautomation platform. The company was founded in 2020 by Ofer Smadari (CEO), Leonid Belkind (CTO), and Eldad Livni (CINO), a team of serial entrepreneurs who previously founded Luminate Security, which was sold to Symantec. Their collective experience in enterprise security, including roles at Adallom (acquired by Microsoft) and Check Point, informed the company's direction. The founders identified a critical need to address the burnout and talent shortage in cybersecurity by automating security operations.
Torq operates on a Software-as-a-Service (SaaS) business model, generating revenue through tiered subscriptions to its platform. The company targets enterprise security and operations teams across various sectors, including finance, technology, consumer goods, and hospitality. Its client roster features Fortune 500 companies such as Blackstone, Chipotle, PepsiCo, Siemens, and Wiz. The platform is designed to connect an organization's entire security stack, enabling teams to automate complex security workflows without writing code. This is achieved through a drag-and-drop interface and pre-built integrations with tools like SIEM, EDR, and threat intelligence platforms.
The core product, the Torq Hyperautomation Platform, uses AI to automate, manage, and monitor critical Security Operations Center (SOC) responses. A key feature is the Torq HyperSOC, which leverages generative AI for tasks like alert triage, data enrichment, and incident response, significantly reducing manual effort and response times. The platform can be deployed in cloud, on-premise, or hybrid environments. In 2024, Torq acquired the AI startup Revrod to further enhance its AI-driven investigation and case management capabilities. The company has demonstrated substantial growth, raising a total of $192 million in funding since its inception, including a $70 million Series C round in September 2024, and has set an annual recurring revenue (ARR) target of $100 million for 2026.
Keywords: security automation, hyperautomation, SecOps, no-code platform, AI in cybersecurity, SOC automation, incident response, threat remediation, security orchestration, SOAR, enterprise security, cybersecurity platform, workflow automation, generative AI, security operations, alert fatigue, case management, cloud security automation, Torq HyperSOC, Ofer Smadari, Leonid Belkind, Eldad Livni