FAQ

Ten Eleven Ventures is a specialist venture capital firm focused on cybersecurity. As of early 2026, we manage approximately $1B in assets and have invested in 70+ cybersecurity companies across 13 countries.

Cybersecurity is a large, complex, and mission-critical market. Global cybersecurity spend is estimated at ~$250B today and represents only a fraction of a much larger total addressable market. Security now underpins every major technology trend, including cloud, AI, quantum, digital infrastructure, and national defense.

Because cybersecurity is highly technical and constantly evolving, founders benefit from investors with deep domain expertise, long-term industry relationships, and pattern recognition across attack surfaces, buyer behavior, and regulatory environments
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After years of investing across the full lifecycle of cyber companies, we’ve built up an extensive portfolio of operating experience, CISO relationships, global partnerships, and go-to-market insights. We help founders:

• Strategically position their company within crowded markets
• Navigate complex enterprise sales cycles
• Build credibility with buyers beyond the CISO
• Accelerate growth with less capital and fewer missteps

We believe cybersecurity requires specialization to win. That focus is our enduring advantage.

Yes. Ten Eleven Ventures leads investment rounds across stages.

We are an active lead investor and often take board seats. We work closely with founders on strategy, hiring, positioning, fundraising preparation, and long-term company building.

Because we focus exclusively on cybersecurity and maintain visibility across stages, we can lead or participate in:

• Early-stage rounds
• Growth-stage rounds
• Cross-border financings
• Strategic category-defining raises

Our goal as a lead investor is to help build durable, category-defining cybersecurity companies.

Yes. Ten Eleven Ventures is a global cybersecurity investor.

We have offices across multiple regions and have invested in companies in 13 countries. Our strategy includes:

• Strong presence in the United Kingdom (10+ investments)
• Active but selective investing in Israel (10+ investments)
• Broad coverage across North America, Europe, APAC, and the Five Eyes & Allies network
• 20+ investments located outside traditional U.S. VC corridors

Cybersecurity innovation is global. Many of the strongest technical teams are outside Silicon Valley. Our geographic reach helps us access differentiated opportunities and support founders navigating cross-border growth.

We invest wherever leading cybersecurity innovation is emerging.

Unlike generalist venture capital firms, we:

• Focus on cybersecurity
• Maintain deep technical domain knowledge
• Track the evolution of cyber markets across decades
• Have long-standing relationships with CISOs, security buyers, and strategic acquirers
• Understand both enterprise and national security dynamics

Cybersecurity is not one market. It spans identity, AI governance, data protection, OT/IoT security, cloud, compliance automation, quantum resilience, and more.  Our specialization allows us to help founders:

• Refine category narratives
• Anticipate platform consolidation trends
• Navigate security stack evolution
• Engage Fortune 500 buyers and defense stakeholders
• Prepare for strategic exits

We are not tourists in cybersecurity. We are long-term participants in the ecosystem.

Yes. Ten Eleven backs both first-time and repeat founders.

In cybersecurity, many exceptional founders come directly from:

• Security engineering
• Intelligence communities
• Enterprise security teams
• Research environments
• Defense or critical infrastructure

What matters most to us is:

• Deep technical insight
• Clear problem definition
• Market urgency
• Integrity and long-term ambition

We actively support first-time founders with mentorship, introductions, early customer access, and strategic guidance. Our experience across 70+ cybersecurity investments enables us to provide pattern recognition and operational insights that can meaningfully shorten the learning curve.

Ten Eleven believes AI is fundamentally transforming cybersecurity.

AI is impacting:

• Security analytics
• Threat detection
• Incident response
• Workflow automation
• Identity governance
• Risk and compliance automation

Agentic AI and large language models are enabling real-time detection, remediation, and decision support. At the same time, AI introduces new challenges for governance, identity, privacy, and control.

We are particularly focused on:

• Secure AI infrastructure and data protection
• Governance and explainability in GenAI systems
• Agentic AI access control and authentication
• AI-enabled security and compliance workflows

We invest in companies building both:

1. AI-powered security platforms, and
2. Security solutions for AI systems themselves.