Equixly Secures €10M To Strengthen API Security With Advanced Automated Hacking Platform

The round was led by 33N Ventures and joined by Alpha Intelligence Capital, with additional participation from existing investors JME Ventures, 360 Capital, and Fondazione Cassa di Risparmio di Firenze.

Founded in 2022 by brothers and serial entrepreneurs Mattia and Alessio Dalla Piazza, alumni of IBM, UniCredit, and Accenture, Equixly is a penetration testing platform designed for the scale and complexity of today’s API-driven web.

As organizations increasingly rely on APIs, traditional security methods struggle to keep up with fast-evolving, complex threats. Manual penetration testing is thorough but costly and difficult to scale, while automated scanners are easier to run but often miss business-logic vulnerabilities where attackers exploit normal workflows to steal data, hijack accounts, or move funds. This creates a trade-off between scalability and depth of security.

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Equixly identifies up to 80% more vulnerabilities than standard Dynamic Application Security Testing (DAST) tools during development and maps a company’s entire API landscape, revealing 10–20% of “shadow” endpoints often unknown to enterprises. With false positives below 1%, teams can focus on resolving real issues rather than chasing alerts.

The platform employs proprietary AI agents to continuously detect vulnerabilities across the software development lifecycle and automate complex API security testing. It integrates into existing systems, meets compliance and security requirements and embeds directly into CI/CD pipelines.

Once deployed, Equixly’s system monitors application usage, analyzes underlying workflows and runs targeted attack simulations that mimic skilled attackers. This allows real-time detection of issues, helping developers and security teams remediate earlier, reduce costs and improve resilience.

The platform also uncovers complex business-logic vulnerabilities and edge cases, identifying hidden and emerging threats that traditional scanners often overlook.

Equixly was among the first to highlight risks related to Model Context Protocol (MCP) servers, and its approach is expected to gain importance as AI-generated code expands the attack surface beyond traditional security capabilities.

CEO and co-founder Mattia Dalla Piazza emphasized that with upcoming regulatory changes and the rapid growth of APIs, autonomous security solutions like Equixly will become increasingly critical.

Equixly is making advanced security testing continuous, autonomous and accessible to every development and security team. With agentic AI infrastructure and models fully built in-house, teams get the human-level reasoning they need at the scale modern software demands, while ensuring maximum control over data and preserving privacy.

Equixly is trusted by an expanding range of European businesses across banking, energy, insurance, and retail, helping them strengthen and future-proof their systems against evolving cyber threats.

The new Series A funding will be used to grow the team, enhance the company’s proprietary AI models, and accelerate international expansion, starting with the launch of a UK sales and marketing presence early next year.