Guardare, Inc. Raises $5.1M in Seed Funding to Launch Simplified, Effective Cyber Risk Management and Compliance Platform for IT Leaders

New funding supports product expansion and go-to-market efforts of AI-driven cybersecurity platform, which helps organizations guard critical assets, mitigate risks, and ensure compliance

Clearwater, Fla. – June 09, 2025 – Guardare, an AI-powered risk and compliance platform for IT leaders, today announced a $5.1M seed funding round led by Album, with participation from Ten Eleven Ventures. The funding supports the public launch of its new platform and will help the company accelerate product innovation, go-to-market growth, and team expansion as Guardare scales.

According to Cybersecurity Ventures, the cost of cybercrime is expected to continue rising, potentially reaching $10.5 trillion annually by 2025. Guardare’s platform enables organizations to guard critical assets, mitigate risks, and ensure compliance with industry regulations from a centralized, intelligent dashboard. Guardare’s simplified, effective platform uses a combination of AI and expert human oversight to help security and IT teams transform complex security processes into clear, confident strategies. By integrating with existing security, IT, and HR tools, IT leaders and their teams can optimize their security posture.

“Security and compliance have become too fragmented, reactive, and manual,” said Dane Fiori, founder and president of Guardare. “We give IT teams the real-time context they need to act quickly and reduce risk without adding more tools or friction. Our mission is to redefine how organizations approach security and compliance, ensuring not just protection, but peace of mind.”

Fiori co-founded Guardare in 2023 alongside Guardare’s CEO, Lars Letonoff, and VP of Product, Charles Mitchell, all of whom bring decades of experience in cybersecurity, SaaS, and enterprise solutions. Together, they set out to create a platform that modern teams could rely on; one that not only surfaces risks but also provides the path to resolution. At its core, Guardare uses advanced AI-driven analytics and continuous asset mapping to deliver a seamless approach to cybersecurity, giving IT leaders and their teams the tools to identify and prioritize the most critical threats based on real-time context.

“Guardare’s innovative approach, combined with its leadership team’s deep experience bringing easy-to-use cybersecurity solutions to organizations of all sizes, is exactly what’s needed in today’s chaotic cybersecurity environment,” said Mark Hatfield, General Partner of Ten Eleven Ventures. “We’re proud to support this team and their mission of bringing clarity and focus to organizations who need more practical, efficient risk management solutions.”

To learn more or request a demo, visit www.guardare.com.

About Guardare:

Guardare’s AI-powered platform enables organizations to guard critical assets, mitigate risks, and ensure compliance with industry regulations. With unmatched visibility and actionable insights, its technology simplifies complex security and compliance challenges. Advanced AI-driven analytics and automated asset mapping provide a seamless approach to cybersecurity, enabling organizations to identify and prioritize risks based on context. By aligning with Zero Trust principles and optimizing tech stacks, Guardare offers a scalable, future-proof solution that adapts to evolving security needs, transforming complex processes into actionable strategies and empowering organizations to address compliance, mitigate risks, and strengthen defenses with confidence.

About Ten Eleven Ventures:

Ten Eleven Ventures is the original cybersecurity-focused, global and stage-agnostic investment firm. The firm finds, invests in and helps grow top cybersecurity companies addressing critical digital security needs, tapping its team, network and experience to help build successful businesses. Since its founding, Ten Eleven Ventures has raised over $US1 billion and made over 60 cybersecurity investments across stages worldwide, including KnowBe4, Darktrace, Axis Security, Twistlock, Verodin, Cylance and Ping Identity. For more information, please visit 1011vc.com.

About Album:

Album is an early-stage venture capital firm founded in 2014, dedicated to finding entrepreneurs building transformative SaaS, Security, and FinTech companies. With a high-conviction investment approach, Album partners closely with visionary entrepreneurs to build category-defining businesses. The firm has backed standout companies like Filevine, Divvy, Mosyle, Podium, MX, Weave, Route, TaxBit, among others driving billions in collective valuation.