Best Cybersecurity Companies in Australia
The 271 best Cybersecurity companies in Australia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Encompass.
Tracking the best Cybersecurity companies in Australia by disclosed equity funding gives you a sharper read on where real capital conviction sits than any analyst deck will. Our directory covers 271 companies with $486M in total disclosed funding, and the concentration is striking: Encompass alone accounts for $198M of that, with Kasada at $49M and Frankie at $45M rounding out the top tier. No unicorns yet, but the funding stack is maturing fast.
The global cybersecurity market sits at roughly $72.5B and is forecast to grow at a 10.99% CAGR, driven by government regulation tightening and companies' deepening reliance on open internet infrastructure. So what does that mean for Australia specifically? Demand is real and regulatory pressure is building. OpenAI's recent cybersecurity action plan signals that AI-era threat models are reshaping investment priorities globally, and I'd expect that to accelerate local funding rounds here. Investors like CyRise, Black Nova, and Artesian are already circling the sector, and the companies in this directory are exactly where that momentum is landing.
- Cybersecurity market grows 16% despite deteriorating economic conditio
- AI and ML threats drive security investment shift, ISG study finds
Our analysis of 174 Cybersecurity companies
$16.2b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Cybersecurity companies in Australia
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Encompass Provider of automated software for corporate identity and compliance verification 69Funding top 26%Growth top 27%Talent top 34%Fin. health top 35% All 8 signals ▾Fundingtop 26% Growthtop 27% Talenttop 34% Fin. healthtop 35% Moattop 39% Techtop 46% Markettop 48% Globalbottom 39% Funding: Raised $198M across 12 rounds · 12 rounds over 10 yrs (1.2/yr) Growth: Headcount 163 → 206 (+26%) across vintages · Revenue +45% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $198M | 8 mo ago | Series B | 206 206 → 148 (-28%) | Wayne Johnson Co-Founder & CEO | Top 10M | — | — |
| 2 | Kasada Provider of bot defense and online fraud prevention solutions | $49M | 6 mo ago | Series C | 111 | Sam Crowther Co-Founder & CEO | Top 10M | — | 1 award |
| 3 | Frankie Provider of KYC, AML and fraud prevention solutions for the financial services sector | $45M | 42 mo ago | Series A | 71 | Aaron Chipper Co-Founder & CTO | Top 10M | — | 2 awards |
| 4 | QuintessenceLabs Provider of quantum cybersecurity solutions, including key management and distribution 48Talent top 28%Funding top 30%Moat top 39%Growth top 45% All 8 signals ▾Talenttop 28% Fundingtop 30% Moattop 39% Growthtop 45% Marketbottom 43% Techbottom 41% Globalbottom 39% Newsbottom 21% Talent: Analyst team rating 5/5 · 2 named leaders on record Funding: Raised $40.6M across 5 rounds · 5 rounds over 14 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 48/100 | $41M | 14 mo ago | Series B | 52 | Vikram Sharma Co-Founder & CEO | Top 10M | — | — |
| 5 | iSignthis AML/KYC software for preventing Card Not Present (CNP) fraud | $19M | 92 mo ago | Public | 30 | — | Top 5M | 2 patents Secure electronic transaction verification and authentication systems | — |
| 6 | Devicie Provider of cloud native device management solutions | $15M | 13 mo ago | Series A | 16 | Martin McGregor Co-Founder & CEO | Top 10M | — | — |
| 7 | Plerion A cloud security platform that simplifies risk management across code and cloud infrastructure | $15M | 34 mo ago | Seed | 40 | Keith Davison Co-Founder & CEO | Top 10M | — | 2 launchs |
| 8 | Ct4 Cloud services provider to enterprises | $12M | 54 mo ago | Acquired | 103 | Dan Pearson Co-Founder & Director | — | — | — |
| 9 | FirstWave Cloud Technology Managed Security as a Service solution for Cloud security | $12M | 80 mo ago | Public | — | — | — | — | 1 partnership |
| 10 | Viostream Provides enterprise video streaming solutions | $8M | 125 mo ago | Acquired | 19 | — | Top 50M | — | 1 launch |
| 11 | Coviu Cloud based video conferencing management software provider | $7M | 66 mo ago | Series A | 51 | — | Top 5M | — | — |
| 12 | Traffic Guard Platform offering ad fraud detection software | $6M | 35 mo ago | Series A | 40 | Mathew Ratty Co-Founder & CEO | Top 5M | — | — |
| 13 | CipherStash Data security and encryption platform | $6M | 34 mo ago | Seed | 12 | Dan Draper Founder & CEO | Top 50M | — | 2 launchs |
| 14 | iluminr Offers threat intelligence solutions | $6M | 44 mo ago | Series A | 14 | Joshua Shields Founder & CEO | Top 50M | — | 1 launch |
| 15 | Nullify AI powered code review platform 48AI top 23%Talent top 28%Growth top 35%News top 36% All 9 signals ▾AItop 23% Talenttop 28% Growthtop 35% Newstop 36% Moattop 39% Fundingtop 44% Techbottom 43% Globalbottom 36% Marketbottom 22% AI: Classified as an agentic-AI company · Product described with: ai powered Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 48/100 | $5M | 4 mo ago | Seed | 10 | Shantanu Kulkarni Co-Founder & CEO | Top 50M | — | — |
| 16 | Kollakorn Developer of biometric authentication, waste conversion, and tamper-evident RFID tagging | $4M | 140 mo ago | Public | 1 | — | — | — | — |
| 17 | Cloud Conformity Cloud-based continuous security & compliance monitoring solution for AWS infrastructure | $4M | 94 mo ago | Acquired | 50 | — | — | — | — |
| 18 | Kivera Provider of cloud security solutions for preventive controls and data protection | $4M | 34 mo ago | Acquired | 14 | Neil Brown Co-Founder | — | — | — |
| 19 | Fortiro AI based platform offering document authentication and verification solutions | $4M | 51 mo ago | Series A | 15 | Amir Vahid Co-Founder and Chief Technology Officer at Fortiro | Top 10M | — | — |
| 20 | Cydarm Provides an incident response platform | $3M | 52 mo ago | Series A | 22 | — | Top 10M | — | — |
| 21 | Red Piranha Manufacturer of network UTM and enterprise servers | $2M | 93 mo ago | Series A | 59 | — | Top 500k | — | 2 launchs |
| 22 | PayOK Payment fraud prevention solutions | $2M | 54 mo ago | Seed | 19 | Colin Porter Founder & CEO | — | — | — |
| 23 | Daltrey Biometric cyber-defense solutions | $2M | 59 mo ago | Seed | 14 | Blair Crawford Co-Founder & CEO | — | — | — |
| 24 | locii Solutions for personal data security & identity theft | $2M | 76 mo ago | Funding Raised | — | Mike Simpson Co-Founder & CEO | — | — | — |
| 25 | hyprfire AI-based network traffic analysis solutions provider | $2M | 66 mo ago | Seed | 6 | Tim Jones CEO | — | — | — |
| 26 | AuditCover Online tax audit insurance platform for individuals and businesses | $2M | 50 mo ago | Seed | 12 | — | Top 50M | — | 1 award |
| 27 | Airlock Digital Application whitelisting software | $1M | 47 mo ago | Seed | 7 | Jake Smyth Director of North America/US Sales Founder | Top 1M | — | 3 launchs |
| 28 | Forticode Encryption & random challenge based user authentication solution | $1M | 90 mo ago | Seed | — | — | — | 41 patents Secure mutual authentication protocols for networked computer systems | — |
| 29 | Xailient Provider of computer vision-powered facial recognition solutions for edge devices | $1M | 82 mo ago | Seed | 23 | Shivy Yohanandan Co-Founder & CTO | Top 10M | 31 patents Patents concentrated in computing, sensing & instrumentation | — |
| 30 | Subly Video subtitling solutions provider | $1M | 60 mo ago | Seed | 4 | Holly Stephens Founder & CEO | Top 5M | — | — |
| 31 | Collusion Cloud-based video conferencing software provider | $1M | 149 mo ago | Seed | — | Navdeep Saini Co-Founder & COO | Top 50M | — | — |
| 32 | truuth Customer identity verification solutions provider | $992K | 58 mo ago | Seed | 20 | Mike Simpson Co-Founder | Top 50M | — | — |
| 33 | ResponSight Threat detection using behavioral analytics | $937K | 76 mo ago | Seed | 6 | — | — | — | — |
| 34 | TokenOne Encryption based two factor authentication solution | $650K | 134 mo ago | Series A | 2 | — | — | — | — |
| 35 | Apollo Secure Offers automated cyber compliance tools | $600K | 32 mo ago | Seed | — | Mark Gabriel CTO & Co-Founder | Top 50M | — | — |
| 36 | Serinus Security Solutions to prevent wifi hacking | $535K | 76 mo ago | Funding Raised | — | Mike Thompson Co-Founder & CTO | — | 9 patents Wireless packet source detection and localization for network security | — |
| 37 | xLabs Eye-gaze tracking technology solutions | $370K | 126 mo ago | Funding Raised | — | Joe Hanna Co-Founder & CEO | — | — | — |
| 38 | Ai-Media AI-powered platform offering live captions for videos | $324K | 141 mo ago | Public | 226 226 → 417 (+85%) | — | Top 5M | — | 1 partnership |
| 39 | Ossillate Provider of tools to secure open-source software supply chain dependencies | $256K | 58 mo ago | Funding Raised | 3 | — | — | — | — |
| 40 | Amplify Intelligence Provider of cybersecurity services for small businesses | $200K | 76 mo ago | Funding Raised | — | Paul Byrne Founder & CEO | — | — | — |
| 41 | KoalaSafe Parental control solution | $139K | 116 mo ago | Deadpooled | 3 | Adam Mills Co-Founder | — | — | — |
| 42 | Sphere Secure workspace based BYOD security for personal mobile devices | $125K | 132 mo ago | Acquired | 3 | Philip Gasslander Co-Founder | — | — | — |
Top 12 Cybersecurity companies in Australia
#1
Series B · Sydney, New South Wales · founded 2011 · 206 employees$197.7Mraised▾
Provider of automated software for corporate identity and compliance verification. This platform aggregates public and private data to generate digital risk profiles for business entities. It automates the collection and processing of information required for regulatory due diligence, beneficial ownership checks, and sanctions screening. The software integrates with existing banking systems to facilitate identity validation and document management. By structuring data from various sources, the system supports the maintenance of client records and assists in meeting regulatory requirements for financial crime prevention.
- Oct 2025Conventional Debt—
- Jul 2025Series B$7.5M
- Jul 2024Series B$10.3M
- Dec 2023Series B$11.9M
#2
Series C · Sydney, New South Wales · founded 2014 · 111 employees$49Mraised▾
Provider of bot defense and online fraud prevention solutions. The company offers protection against automated threats, including account takeover, API protection, and checkout fraud. It provides solutions for industries such as airlines, eCommerce, financial services, and media. The company’s defenses adapt to frustrate attackers without disrupting customer experience.
- Dec 2025Series C$20M
- Dec 2021Series C$23M
- Jun 2020Series B$10M
- Nov 2019Series A$4.7M
#3
Seed · Sydney, New South Wales · founded 2022 · 10 employees$4.5Mraised▾
AI powered code review platform. It provides a security tool that enables users to scan the codebase to identify code quality issues and security weaknesses. The platform identifies, scans, and comments on code to provide developers with findings and fixes for security issues. Features include static application testing, automatic secret detection, software composition analysis, and more.
- Feb 2026Seed$12.5M
- Mar 2024Seed$3.4M
- Jun 2023Seed$1.1M
#4
Series B · Canberra, Australian Capital Territory · founded 2008 · 52 employees$40.6Mraised▾
Provider of quantum cybersecurity solutions, including key management and distribution. It delivers data protection through quantum key generation and crypto-agile key management. The company offers quantum key distribution, helping organizations build a quantum-safe future. Its capabilities extend to quantum true random number generators and entropy management software.
- Apr 2025Series B$12.1M
- Mar 2022Series B$21.9M
- Oct 2021Series B$18.7M
- Feb 2020Series B—
#5
Series A · Sydney, New South Wales · founded 2018 · 16 employees$15.3Mraised▾
Provider of cloud native device management solutions. It leverages microsoft intune to automate device management tasks including OS patching, application updates and applying the policies required to achieve compliance, harden security and access AI products. The platform enables IT administrators to manage device inventory, enforce security policies, deploy applications and configurations, track device locations, set security policies for passcodes, remotely lock devices to prevent misuse, data management, manage software licenses, and more.
- Apr 2025Series A—
- Aug 2022Series A$14M
- Seed$1.3M
#6
Series A · Melbourne, Victoria · founded 2017 · 71 employees$45Mraised▾
Provider of KYC, AML and fraud prevention solutions for the financial services sector. It offers a API that connects to various vendors and data sources for identity verification, business verification, fraud detection, and transaction monitoring. The platform features a customizable decision engine and a single customer view, enabling companies to automate decision making and dynamically adjust verifications based on real time risk ratings. It helps businesses onboard customers safely, mitigate fraud, and manage financial risk by orchestrating end to end customer onboarding through configurable workflows.
- Nov 2022Series A$23M
- Oct 2021Series A$16M
#7
Seed · Sydney, New South Wales · founded 2021 · 40 employees$14.7Mraised▾
Plerion is a Cloud & AI security company. Our suite of tools include an AI security engineer, Pleri, embedded on a cloud security platform. We secure everything you build and run, from code to cloud to AI.
- Jul 2023Seed$10M
#8
Seed · Australia · founded 2020 · 12 employees$6.4Mraised▾
Data security and encryption platform. The products offered by the company use queryable encryption technology that keeps data encrypted. The platform also enables access controls and visualizes information on the sensitive data accesses when the data leaves the core systems. It provides integration over existing databases, data lakes, and data warehouses via a drop-in driver replacement. Risk assessment, data breach detection, and prevention are some of its features.
- Aug 2023Seed$3M
- Oct 2021Seed$3.3M
- Oct 2021Seed$75K
#9
Series A · Perth, Western Australia · founded 2016 · 40 employees$6.5Mraised▾
Platform offering ad fraud detection software. It detects, mitigates, and reports digital ad fraud before it hits the advertising budget. It manages all clients and campaigns, onboard new partners, and monitors performance from a single portal. It provides a portal for direct advertisers to manage all campaigns and supply sources. It can be integrated with Adjust, Tune, AppsFlyer, and Kochava.
- Jun 2023Series A$6.5M
#10
Acquired · Sydney, New South Wales · founded 2020 · 14 employees$3.5Mraised▾
Provider of cloud security solutions for preventive controls and data protection. The platform offers customizable guardrails for secure cloud deployments. It focuses on preventing data exfiltration through secure data boundaries. The offering facilitates compliance with adaptable cloud controls. It provides visibility into cloud interactions, enabling informed security decisions. The solutions aim to keep pace with cloud provider innovations.
- Aug 2023Seed$3.5M
#11
Acquired · Brisbane, Queensland · founded 2009 · 103 employees$12.5Mraised▾
Developer of a data-management platform designed to translate data into meaningful insights, clear actions, and measurable outcomes for clients. The company's platforms provide collection and management of data from IoT and connected devices using a single control plane and ensure data integrity and safety, enabling clients to get tailored solutions to unify their data and save time in a cost-effective way.
#12
Series A · Sydney, New South Wales · founded 2019 · 14 employees$6Mraised▾
Offers threat intelligence solutions. Build awareness of cyber threats and engagement in response protocols through action-orientated microsimulations. Designed to engage teams at any level, microsimulations empower users to close the gap in capability and shut the door to cyber-attacks.
- Oct 2022Series A$4.2M
- Aug 2020Seed$1.8M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Cybersecurity coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Cybersecurity is moving in Australia
A read on the academic research around Cybersecurity — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 391 Australia-affiliated papers.
- UNSW Sydney38
- Deakin University36
- Edith Cowan University31
- University of Technology Sydney25
- RMIT University19
- Intrusion detection system8→58
- Key (lock)1→14
- Robustness (evolution)1→9
- Network security14→22
- Cloud computing2→9
- Intrusion detection system8→33
- Network security15→19
- Intrusion1→4
- Network packet1→4
- Computer network5→7
- Software-defined networking1→4
- Sophistication1→4
- Security through obscurity2→4
Where cybersecurity is researched across Australia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.