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Level Equity Management led a $40m Series B round in Hoxhunt.

Synopsis

Level Equity Management, an private investment firm, led a $40m Series B round in Hoxhunt, a cyber security company, with participation from Icebreaker.vc. “In February of 2020, Hoxhunt was experiencing fantastic growth and talks were heating up with many investors. Then the pandemic hit, and we decided to find an alternate route to growth and scale. We were selective about when and with whom we would partner, and under what conditions. We have been tested by a lot of factors beyond our control, and we’ve adapted like a scrappy startup should. Hoxhunt has proven we are built to last and we are going to take our security awareness mission to the next level,” Mika Aalto, Hoxhunt CEO.

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