Jena-based cybersecurity firm Enginsight has successfully raised €6 million in a funding round led by UVC Partners. Co-investors include Carsten Maschmeyer’s seed+speed Ventures, bm-t beteiligungsmanagement thüringen GmbH, Talanx AG, Smart Infrastructure Ventures, and Brandenburg VENTURES GmbH. This new capital aims to advance Enginsight’s mission of protecting German small and medium-sized enterprises (SMEs) from the escalating threat of cyberattacks.
SMEs constitute 99.4% of the German economy but are particularly vulnerable to cyber threats due to limited resources and expertise. In 2022 alone, cyberattacks resulted in damages totaling €203 billion in Germany, according to the Federal Office for Information Security (BSI). Despite these staggering figures, many SMEs have not sufficiently enhanced their cybersecurity measures, making them prime targets for cybercriminals.
Enginsight addresses this vulnerability with its all-in-one cybersecurity platform specifically designed for SMEs. The platform focuses on threat detection, prevention, and automated vulnerability management, enabling businesses to proactively safeguard their sensitive data.
“Our goal is to alleviate the burden on IT managers within SMEs by providing the transparency and control they need over their networks,” said Mario Jandeck, co-founder and CEO of Enginsight. “With approximately 70 new software vulnerabilities discovered daily, it’s crucial for companies to act proactively to protect themselves.”
Studies highlight that 53% of SMEs take up to seven days to detect a cyberattack, and only 62% regularly install security updates. Alarmingly, just 18% have an emergency response plan in place. Enginsight’s solution aims to rectify these shortcomings by offering an automated, comprehensive platform that doesn’t require additional cybersecurity expertise—a resource often scarce in SMEs.
“These well-known deficits increase the risk, as cybercriminals are more frequently targeting SMEs,” explained Max Tarantik, co-founder and COO of Enginsight. “Our automated, all-in-one solution empowers SMEs to restructure their IT infrastructure and prepare for future threats.”
The new funding will enable Enginsight to expand its market leadership in the DACH region (Germany, Austria, Switzerland) and to establish an international presence. The company plans to invest in targeted branding campaigns, grow its sales team, and forge new partnerships. Concurrently, Enginsight will continue to enhance its software to provide SMEs with optimized, future-ready protection.
“From our perspective, the biggest challenge for many SMEs is the lack of comprehensive solutions that are both affordable and quick to implement,” noted Andreas Unseld, General Partner at UVC Partners. “Enginsight combines threat detection, monitoring, and response in a single system without the need for multiple isolated tools. This aligns perfectly with the needs of today’s market.”
“Enginsight fills a critical gap by offering solutions that don’t require additional time from IT security specialists—a constant bottleneck for SMEs,” added Jakob Banhardt, Investment Manager at UVC Partners. “This makes Enginsight highly valuable to IT service companies working with SME clients.”
Carsten Maschmeyer, Investor and Managing Director at seed+speed Ventures, expressed confidence in the company’s trajectory: “Enginsight provides businesses and administrations with an all-in-one security platform plus support and consulting, offering comprehensive protection made in Germany.”