AI Security Platform Torq raises $140 million in funding… company valuation approaches 1.7 trillion

The security hyper-automation platform company Torq has raised $140 million (approximately 2.016 trillion KRW) in new funding to expand AI-based security operations, with the company’s valuation recognized at $12 billion (about 17.28 trillion KRW).

Founded in 2020, Torq offers a hyper-automation platform that enables security operations teams to automate and scale existing security systems without coding. The platform allows integration of various security systems such as Security Information and Event Management (SIEM), Endpoint Detection and Response (EDR), Identity Management Systems, Firewalls, Collaboration Tools, and more, to achieve unified automated workflows. Its key advantage lies in its “no-code” approach and “agentless” architecture, significantly lowering the adoption barrier.

Torq’s core technological capability is its AI-based decision-making system. It goes beyond simple script execution, designed so that multi-agent AI can proactively respond based on threat context, classify alerts, automatically enrich data, and determine subsequent actions. Torq emphasizes that its platform offers intelligent security operations capabilities that differentiate it from traditional security orchestration, automation, and response (SOAR) tools.

Particularly noteworthy is the recently announced AI agent technology, which functions similarly to a digital security analyst. This AI continuously investigates alerts in real-time, identifies threats, and automatically takes measures or escalates events to human analysts as needed. The company explains that this aims to free human experts from repetitive tasks, allowing them to focus on strategic security work.

Co-founder and CEO Ofer Smadari stated, “AI is changing the game across multiple software fields, and Torq’s goal is to fully apply it to security and generate tangible results.” He added, “Our true goal is not just to enhance the tools for security experts but to fundamentally revolutionize the security posture of organizations.”

Currently, the Torq platform is used by global corporations such as Marriott, Pepsi, Procter & Gamble, Siemens, Uber, and Virgin Atlantic to handle millions of daily security automation operations.

This Series D funding was led by Merlin Ventures, with participation from Evolution Equity Partners, Notable Capital, Bessemer Venture Partners, Insight Partners, G20, and others. Shay Michel, Managing Partner at Merlin Ventures, explained the investment background: “Torq has proposed a new AI-driven security operations center that combines human intuition with automation.”

With this funding, Torq has raised a total of $332 million (approximately 478 billion KRW). Previously, Torq raised $50 million in December 2021, $42 million in January 2024, and $70 million in September of the same year. Under the continued trust of investors, Torq’s AI-based security evolution is attracting industry attention.