QuoIntelligence closes a €7.3 million Series A to scale Unified Risk Intelligence across Europe
The cyber‑intelligence company founded by the Italian Marco Riccardi – which has seen Italy become its main market since 2024 – has completed a €7.3 million financing round, also intended to strengthen the firm’s presence in the country.
QuoIntelligence GmbH, the European Unified Risk Intelligence provider founded in 2020 by the Italian Marco Riccardi, announced today the closing of a Series A financing round of €7.3 million. The round is led by Elevator Ventures, the venture‑capital arm of Raiffeisen Bank International, and co‑led by BMH Beteiligungs‑Managementgesellschaft Hessen (BMH), with participation from existing investors eCAPITAL ENTREPRENEURIAL PARTNERS and Mercurius Private Equity.
The proceeds will be used for go‑to‑market expansion, product development and team growth, with the aim of establishing QuoIntelligence as the category leader in Unified Risk Intelligence in Europe.
Since 2024, Italy has been QuoIntelligence’s primary market, responding to the growing need of Italian companies to tackle the regulatory challenges imposed by the NIS2 and DORA directives. These new European cybersecurity regulations jointly require more than 160 000 European organisations to adopt proactive and preventive cyber‑risk management as well as supply‑chain supervision, creating a structural demand for continuous, future‑oriented intelligence.
Most of those organisations do not have an internal risk‑intelligence function, and building one entails costs and implementation times often incompatible with the needs of many mid‑market firms. At the same time, European procurement frameworks are increasingly demanding that highly sensitive data remain under EU jurisdiction, effectively penalising non‑European vendors that have historically dominated the market. In this context, QuoIntelligence offers an immediately available solution: intelligence that is already processed, developed with European technology, stored in Germany and usable within a few hours of onboarding, without the need for a dedicated internal team.
The company enters this financing round with strong growth momentum: no customer losses in 2025. The average revenue generated per client has increased by almost six‑fold since 2023, reflecting both higher contract values and strengthened client relationships. A channel‑focused go‑to‑market strategy is being prioritised this year, with system integrators, resellers and service providers driving a growing share of new business.
European sovereignty is not merely a differentiating factor for QuoIntelligence – it is a structural fact. The company is incorporated under German law, operates two additional entities in Spain and Italy (with its headquarters in Rome), and stores all intelligence data under EU jurisdiction – regardless of where its customers are based. QuoIntelligence is one of the few providers able to meet these requirements while also delivering the depth of intelligence that previously was only available from U.S., Russian or Israeli vendors.
Elevator Ventures’ deep roots in the banking and financial‑services sectors of DACH and CEE make it a strategically relevant partner: the main growth vector for QuoIntelligence runs directly through financial‑sector clients that must navigate DORA and NIS2 compliance, and Elevator Ventures’ network represents a privileged channel to support that expansion. BMH, as the main public equity investor in Assia and a company wholly owned by Landesbank Hessen‑Thüringen Girozentrale (Helaba), connects QuoIntelligence directly to the German Mittelstand for which it was conceived – an institutional endorsement that carries particular weight with manufacturing firms and financial services that today are at the heart of NIS2 implementation in Germany.
QuoIntelligence was founded in Frankfurt at the beginning of 2020 – deliberately, not incidentally. Frankfurt is Europe’s financial capital, home to the European Central Bank and the operational hub of much of the German Mittelstand that now falls within the scope of NIS2 and DORA. For a company that builds Unified Risk Intelligence for regulated European organisations, Frankfurt is not a peripheral location relative to the market – it is the market itself. QuoIntelligence’s management team spent many years in the region’s financial and technology institutions, and the company continues that trajectory: a European‑origin response to a gap its founder observed from within the continent’s financial infrastructure.