ZeroRisk Secures $10 Million Funding for Global Expansion

ZeroRisk, an Irish cybersecurity company, has secured $10 million in Series A funding to accelerate its global expansion and deepen its product offerings. The investment, led by MiddleGame Ventures with participation from existing investor Elkstone, will support ZeroRisk's efforts to deploy its merchant cybersecurity platform across major payment providers.

Founded in 2023, ZeroRisk provides a comprehensive cybersecurity solution that helps banks and payment providers manage and reduce cyber risk across their merchant portfolios. The platform integrates risk monitoring, compliance, education, guided remediation, and protection services into a single, user-friendly interface. Merchants receive clear guidance on the risks that matter to their business and the steps they can take to address them.

The company is already working with several leading payment businesses, including Bank of America, Global Payments, Checkout.com, and Trust Payments. ZeroRisk aims to grow its revenue threefold in 2026 as it scales its operations and expands its international customer base.

Speaking to the press, Gary Nolan, co-founder and CEO of ZeroRisk, said, "Payment companies have spent years trying to manage merchant risk through annual compliance exercises. That is no longer enough. Their customers are dealing with scams, credential theft, website vulnerabilities, and attacks on devices every day. Our job is to give payment providers visibility across the portfolio and give merchants a clear route to action."

Nolan added, "ZeroRisk has moved from proving the product to deploying it at scale. This investment will allow us to expand the team, deepen the platform, and support the payment providers that have chosen to build their next-generation merchant cyber programs with us."

Currently, ZeroRisk operates in Ireland and the United States, with offices in Dublin (Ireland), Atlanta (USA), and Longford (Ireland). The company aims to further its global reach and enhance its platform to better serve the evolving needs of the payment processing market.

According to Patrick Pinschmidt, Co-Managing Partner at MiddleGame Ventures, "The ZeroRisk team brings a unique combination of commercial and technical expertise, reinforced by working hand-in-hand with leading payment providers. As former operators in the space, they understand the fundamental pain points firsthand and have built technology that transforms a critical financial services workflow, making it more intuitive and seamless for payment providers and merchants alike. We're thrilled to be partnering with Gary and the team as they build the new standard for this critical function."

Niall McEvoy, Head of Venture at Elkstone, said, "Elkstone first backed ZeroRisk at the seed stage when Gary and the team presented their compelling vision on where the merchant cybersecurity and compliance space was heading. The commercial progress in a short period of time has been impressive, and this Series A funding round further validates investor confidence that ZeroRisk can deliver transformational change in the sector globally. We are pleased to deepen our support alongside new investor MiddleGame Ventures."

The funding will support ZeroRisk's expansion globally, further product development, and the operational capacity needed to deploy the platform across large merchant portfolios. With this backing, ZeroRisk is poised to dominate the emerging risk orchestration segment in the payment processing market.