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High Tech Series B Founded 2017

Flare Networks

Flare develops a cyber threat intelligence and identity exposure management platform that provides automated, continuous monitoring across the dark web, clear web, and Telegram channels to detect and remediate security risks before they lead to breaches. With nearly a decade of data collection, the platform monitors 160+ cybercriminal forums, 58,000+ Telegram channels and forums, 2M+ threat actor profiles, 60+…

📍 Montreal, Canada · Security & Surveillance Technology,

Funding snapshot

Last roundSeries B
Amount$15M
Date5 November 2025
Total raised$54M
Team size184

About

Flare develops a cyber threat intelligence and identity exposure management platform that provides automated, continuous monitoring across the dark web, clear web, and Telegram channels to detect and remediate security risks before they lead to breaches. With nearly a decade of data collection, the platform monitors 160+ cybercriminal forums, 58,000+ Telegram channels and forums, 2M+ threat actor profiles, 60+ ransomware blogs, and has collected 20B+ leaked credentials and 1.3M+ new breached identities per week. Flare's platform operates as a foundation layer that plugs underneath existing security stacks (SIEM, SOAR, AI SOC, identity providers), providing automated detection, AI-driven prioritization with a 5-point scoring system, and automated remediation through integrations with Microsoft Entra ID, Azure Sentinel, and other tools. The platform collapses the detection-to-remediation gap from days to seconds, with identity exposure management that automatically detects, validates, and remediates exposed accounts. Key use cases include preventing enterprise account takeover (catching corporate credentials in stealer logs and blocking sessions at the IDP before login), preventing consumer account takeover and fraud (surfacing leaked customer credentials before they reach fraud queues), executive and VIP protection (continuous monitoring of credentials, personal data, and impersonation), brand monitoring (tracking lookalike domains, third-party exposures, and marketplace activity), dark web investigations, and technical exposure monitoring (discovering misconfigured services, exposed secrets, and orphan infrastructure). Flare also offers OEM and embedded partnerships for security platforms seeking differentiated identity and dark web intelligence, with partners reporting 3x ARPU uplift and 94% reduction in successful ATO. Founded in 2017 and headquartered in Montreal, Canada, Flare has raised approximately $53.6 million in a Series B round backed by Inovia Capital, Base10 Partners, White Star Capital, Luge Capital, Fonds de solidarite FTQ, VentureOut, and Centech.

Business model

Cybersecurity > Threat Intelligence > Platform & Services,

Security & Surveillance Technology > PIAM > Biometrics System > Multi-modal Biometrics

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Team background

College Wise > University College London

Institutional investors

Kenetic CoinFund Digital Currency Group LD Capital cFund Borderless Capital Backend Capital Wave New Form Capital Genesis Capital ZB Group DeFi Capital Xpring Aves Lair MetaStone Group

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