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Overview
Mycroft builds an AI-native security and compliance platform that acts as a virtual CISO, GRC expert, and IT operations team for startups, SMBs, and fintechs. Its AI Security and Compliance Officer uses no-code agents to monitor AWS, GCP, and Azure, enforce policies, manage incidents, collect audit evidence, and automate remediation. It stands out by unifying security and compliance tasks in one platform with agentic automation that adapts to each company, reducing the need for a large in-house security team. Its goal is to help growing businesses scale securely with continuous compliance and faster audit readiness.
About Mycroft
Industries
Data & Analytics
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$3.5M
Headquarters
Toronto, Canada
Founded
2024
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Simplify's Take
What believers are saying
- Mycroft's July 2026 product page adds FedRAMP 20X, CMMC, and cloud-native security coverage.
- Luge Capital's September 2025 seed funding gives runway for product and sales expansion.
- Current trust-center artifacts reduce buyer friction for startups handling security questionnaires and audits.
What critics are saying
- Vanta launched Compliance Agent in March 2026, attacking Mycroft's core automation wedge.
- Drata shipped live agentic TPRM and questionnaire products in March 2026, tightening competition.
- Mycroft's broad SOC 2, HIPAA, FedRAMP, and CMMC scope invites execution failure by 2027.
What makes Mycroft unique
- Mycroft unifies CISO, GRC, IT, and remediation in one AI agentic platform.
- Trust center shows SOC 2 Type 2 report and pentest evidence, updated July 2026.
- Mycroft claims 50-plus customers within six months, including Superwhisper, CoVet, and Wisedocs.
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Funding
Total Funding
$3.5M
Meets
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Company Equity
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↓ -2%2 year growth
↑ 14%Four graphite portfolio companies named to FoundersBeta's Top 100 Companies to Watch in 2026. Four companies in its portfolio - TimeSmart.AI, MedMe Health, Mycroft, and Part3 - have been named to FoundersBeta's Top 100 Companies to Watch in 2026, a list spotlighting startups across industries "redefining what's next." TimeSmart.AI (#55) is simplifying clinician contract compliance for healthcare organizations, using contract-learning AI to automate invoicing and audit readiness - now serving hospitals and physician groups across the U.S., including a newly signed Top 10 health system. MedMe Health (#24) is transforming pharmacies into community health hubs, powering over 4,000 pharmacies and 25 million+ patient services across Canada, with continued expansion into the U.S. Mycroft (#21) helps startups and scaling companies simplify compliance and security, centralizing audits and evidence collection for standards like SOC 2, ISO 27001, and HIPAA. Part3 (#11) is construction administration software built for architects, automating submittal review, field reports, and document management - now used by 130+ firms and 5,000+ active users.
Ex-PartnerStack leaders want to give SaaS companies enterprise-grade security without the overhead.
Mycroft is Hiring for 6 Jobs on Simplify!
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About Mycroft
Industries
Data & Analytics
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
11-50
Company Stage
Seed
Total Funding
$3.5M
Headquarters
Toronto, Canada
Founded
2024
Mycroft is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today