# Minerva Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/minerva-labs

- Industry: IT Security/Cybersecurity
- Headquarters: Petah Tikva, Israel
- Website: www.minerva-labs.com
- Total disclosed funding: $7.5M
- Latest round: Series A (Jun 7, 2017)
- Investors on record: 3

## About

Based in Israel, Minerva Labs Ltd. specializes in cybersecurity solutions that enhance threat detection and response capabilities for organizations globally.Minerva Labs Ltd. was founded in 2014 in Petah Tikva, Israel, focusing on cybersecurity innovations. The company has undergone a strategic pivot to enhance its managed detection and response services. It was acquired by Rapid7 LLC on March 15, 2023, for approximately USD 38.00 mn, effectively raising its total amount raised to USD 38.00 mn. The founders include Eddy Bobritsky and Erez Breiman, with Eddy Bobritsky currently serving as CEO.Minerva Labs Ltd. provides a cybersecurity platform that integrates threat detection and response services, focusing on managing attack surfaces for organizations. Their solutions include continuous assessment tools that help identify and remediate vulnerabilities within digital assets, leveraging advanced threat intelligence and AI to predict potential threats. The company serves clients across various sectors, including finance, healthcare, and technology.Minerva Labs Ltd. generates revenue through subscription-based models for its cybersecurity solutions, structured primarily as Business-to-Business (B2B) agreements. Organizations enter into annual contracts for access to their services, ensuring scalability and tailored solutions for varying security needs. The company's offerings support clients in mitigating cyber threats effectively.Following its acquisition by Rapid7, Minerva Labs Ltd. is expected to enhance its managed detection and response capabilities. The acquisition is projected to facilitate the development of new cybersecurity products designed to address evolving threats in the market. This strategic move aims to expand their reach into new geographic areas, particularly in North America and Europe, by leveraging the resources of Rapid7. The funding from the acquisition will contribute to these initiatives, ensuring that Minerva Labs Ltd. can innovate and meet customer demands effectively.

## Funding rounds

- Series A, Jun 7, 2017, $7.5M — StageOne Ventures, Webb Investment Network, Amplify Partners
- Seed, Jun 1, 2015 — StageOne Ventures

## Investors

- StageOne Ventures (https://capitalatlas.ai/funds/stageone-ventures) — Seed, Series A
- Webb Investment Network (https://capitalatlas.ai/funds/webb-investment-network) — Series A
- Amplify Partners (https://capitalatlas.ai/funds/amplify-partners) — Series A