Hypernative: $40 Million Series B Raised For Threat Prevention Platform

By Amit Chowdhry • Jun 17, 2025

Hypernative, a leading provider of real-time threat prevention in Web3, announced a $40 million Series B funding round co-led by Ten Eleven Ventures and Ballistic Ventures, with participation from StepStone Group, and existing investors boldstart ventures, and IBI Tech Fund.

What Hypernative does: Hypernative utilizes AI-based detection to respond to threats in real time, helping secure transactions and build trust across the Web3 ecosystem. And the platform, used by over 200 customers to help protect over $100 billion in assets, continues to evolve through ongoing integrations. With recent expansion into wallets, exchanges, and payment providers, Hypernative is contributing to a more unified approach to Web3 security.

In the past year, Hypernative has more than doubled its network coverage to 60+ chains, including Solana and THORChain, enhancing security with hundreds of detectors to identify the industry’s most extensive set of risks across not just security, but also financial, compliance, and governance.

Customer base: Hypernative’s customer base encompasses a diverse range of entities, including chains, wallets, protocols, exchanges, asset managers, and stablecoin issuers. Over 200 Web3 projects already depend on Hypernative for their security, with Aptos, Ethereum, Morpho, Movement, Sonic, Star Atlas, Wintermute, and ZKsync joining the list earlier this year.

Guardian launch: The launch of Guardian, a real-time transaction security solution that protects against blind signing by simulating the outcome of every transaction before it is approved. Plus, the team launched new ways of integrating Hypernative threat intelligence directly into a project’s contracts or prior to block inclusion with sequencer integrations, frontend apps, liquidity pools, staking, and more.

How the funding will be used: The funds will be used to support the expansion of the company’s offering to include fraud prevention and wallet-level transaction protection – which are key steps toward building an end-to-end security platform for Web3. The funding will also advance improvements to AI models through wider investment into high-quality training data, and support team growth to provide expert-driven risk analysis and customer support.

Losses from hacks: Last year, Hypernative detected over $2.2 billion of losses from hacks, exploits, phishing, and fraud, which is a 22% jump from the previous year. Following the $1.4 billion Bybit hack in February, the industry is on track for another record-breaking year of security failures.

KEY QUOTES:

“Web3 is at an inflection point: clear regulation is finally emerging, and institutional adoption is accelerating led by stablecoins and tokenized assets. But security remains the biggest blocker to mass adoption—and Hypernative is on a mission to close that gap.”

Gal Sagie, Co-founder and CEO of Hypernative

“As leading cybersecurity investors, Ten Eleven recognizes how critical a robust security layer is to furthering adoption of Web3 technologies. Hypernative’s cohesive approach to real-time threat detection and response positions it as a foundational player in the future of decentralized ecosystems. That’s why we are proud to lead the Series B round and look forward to supporting the company through its next stage of growth.”

Mark Hatfield, Co-founder and General Partner of Ten Eleven Ventures

“Hypernative is tackling the single greatest barrier to Web3’s mainstream future: trust. As attacks grow more sophisticated, the need for proactive, real-time security has never been more urgent. What Gal and the Hypernative team have built is not just innovative, it’s foundational to the next era of the internet. We’re proud to back them as they scale their platform, expand their AI capabilities, and secure the path to mass adoption.”

Barmak Meftah, Co-founder and General Partner, Ballistic Ventures