QIZ Security has closed a $17 million seed round to expand its unified cryptographic governance and discovery platform, designed to help enterprises prepare for the post‑quantum era. The round was co‑led by Bessemer Venture Partners and Merlin Ventures, with additional international investors participating.
Funding to accelerate crypto posture
The capital will be used to enrich product capabilities and speed commercial adoption. The raise comes amid growing regulatory pressure around “Q‑Day” — the point at which fault‑tolerant quantum computers could threaten conventional encryption schemes.
The challenge: mapping distributed cryptography
Large organizations’ cryptographic infrastructures are often fragmented and opaque. RSA and ECC are scattered across third‑party libraries, database connections, and communication links, creating exposure to “harvest‑now, decrypt‑later” attacks against sensitive sectors such as finance, aerospace, and critical infrastructure.
Solution: continuous discovery, API‑first and agentless
QIZ provides an agentless, API‑first integration layer that continuously inventories cryptographic assets across on‑premises, cloud, and hybrid environments. The platform maps operational dependencies, detects weak encryption configurations and expired certificates, prioritizes risks, and generates automated remediation roadmaps.
Achieving crypto‑agility without code rewrites
The approach lets software engines swap vulnerable classical algorithms for quantum‑resistant variants without rebuilding application stacks. That crypto‑agility is essential for pragmatic, large‑scale deployment of post‑quantum algorithms.
Compliance and standards: from NIST to European regulation
The solution embeds compliance frameworks aligned with emerging standards: NIST PQC (including lattice‑based algorithms), CNSA 2.0 requirements and national roadmaps, and sectoral mandates such as DORA and NIS2 for finance and critical supply chains. This enables automated, standards‑aligned migrations across diverse legal regimes.
Team, integrations and adoption
Founded in 2025 by Ben Volkow (CEO), Lenny Ridel (CTO), and Dr. Itan Barmes (CSO) — formerly head of quantum preparedness teams at Deloitte — QIZ leverages deep consulting experience. The startup has integrations with Google Cloud, AWS, IBM, CrowdStrike, Cisco, Deloitte, and EY. More than 100 enterprises are already using the platform to consolidate their cryptographic posture.
QIZ positions itself as a pragmatic orchestrator of the post‑quantum transition: by combining continuous discovery, agentless integrations, and automated compliance, the company aims to reduce operational risk ahead of adversarial quantum capabilities. The $17M seed will accelerate enterprise‑scale deployment and drive broader adoption of quantum‑resistant cryptographic practices.
