Torq Raises $140M in Series D Funding, Valuing Company at $1.2 Billion
$140M. Series D. $1.2B valuation. Torq did not wander into unicorn territory by accident. It showed up early, stayed late, and understood the assignment before most people finished the slide deck. Founded in Jan 2020 by Ofer Smadari, Leonid Belkind, and Eldad Livni, this is what happens when founders who already built and sold a cybersecurity company for ~$250M decide the problem is still broken and the industry still owes customers better answers.
Security Operations Centers have been running a marathon on a treadmill for years. Thousands of alerts a day, real threats buried under noise, analysts burning cognitive fuel just to stay afloat. Torq stepped into that pressure cooker with agentic AI that does not babysit dashboards. It investigates, triages, and responds autonomously, running over 1M security automations every day. That is not theoretical efficiency, that is scale you feel in your bones at 2 a.m.
This round was led by Merlin Ventures, with every existing investor coming back for more. Evolution Equity Partners, Notable Capital, Bessemer Venture Partners, Insight Partners, and Greenfield Partners did not just maintain positions, they reinforced them. That kind of alignment only happens when customers are not experimenting, they are committing. Marriott, PepsiCo, Procter & Gamble, Siemens, Uber, Virgin Atlantic, and the World Economic Forum do not buy tools, they buy outcomes, and Torq keeps delivering.
The HyperSOC platform is where the narrative tightens. AI agents working together across triage, investigation, runbooks, and case management, designed to reduce fatigue, not add complexity. Investigation times drop up to 90%. Alert handling scales 100x without new headcount. With the Revrod acquisition and its multi-agent RAG engine folded into HyperSOC-2o, Torq moved from fast reaction to informed execution, with memory, context, and intent baked in.
Leadership matters when velocity increases. Ofer Smadari sets direction with clarity. Leonid Belkind architects systems that hold under pressure. Eldad Livni pushes innovation without breaking trust. Josh Morris drives revenue with discipline. Don Jeter sharpens the story. Yaron Bartov keeps the math honest. This is a team that knows growth is useless if it collapses under its own weight.
With $332M raised, a $100M ARR target for 2026, and a serious push into U.S. federal markets alongside Merlin Ventures, Torq is not chasing headlines. It is applying torque to an industry that has accepted friction for far too long. Security does not need more alerts. It needs fewer excuses, less noise, and systems that actually carry the load.