Inforcer raises $50M to help SMBs manage AI and security risks

Inforcer, a London-based startup that builds software for managed service providers (MSPs) — the outside IT firms most small and medium-size businesses rely on because they can’t afford an in-house IT department — announced Thursday a $50 million Series C round led by Insight Partners. The company’s platform lets MSPs manage all of their clients’ Microsoft 365 accounts from a single dashboard.

In just 18 months, Inforcer has raised three rounds totaling $110 million. Co-founder and CEO Jamie Daum said business has grown 300% year-over-year, and that the company doubled its valuation between its Series B and C, though he declined to share the figure. He said the near back-to-back rounds were needed because cyber threats and AI have continued to evolve rapidly.

Since launching in 2023, Inforcer has put much of its capital into product development, including Shadow AI detection — which helps organizations spot employees using unauthorized AI tools on company devices — and a threat detection and response tool for catching cybersecurity risks as they happen. Co-founder and chief community officer William Connor said attacks now take minutes to execute rather than months to plan, with attackers using AI to analyze what to target inside a company and LLMs to help craft more convincing phishing emails. “For SMBs, that means facing threats that are more automated, more scalable and harder to defend against than we’ve ever seen before,” Daum said.

Inforcer is also looking to expand further in the U.S. With its new threat-detection product, the company is shifting from per-client pricing toward a per-user model that better matches how MSPs sell to their own customers; Daum said some future products could move to consumption- or token-based pricing as the platform leans further into AI. For now, Inforcer says it will stay focused on the Microsoft ecosystem, and isn’t especially worried about Microsoft building competing tools itself — Connor noted Microsoft has historically focused on platforms for larger enterprises. Other investors in the company include Dawn Capital and Meritech Capital.

Why it matters

The round is another sign VCs see AI-driven security risk as a durable wedge for MSP-focused software — a bet that smaller businesses will keep outsourcing complexity rather than building it in-house.