Top Down Invests in Styx Intelligence to Expand Digital Risk Protection in the MSP Channel

Top Down Ventures invests in companies that bring real, scalable security solutions to the MSP ecosystem. That’s why we’re excited to announce our investment in Styx Intelligence, a cybersecurity innovator focused on Digital Risk Protection (DRP), from Top Down Founders Fund. Styx has secured an oversubscribed $2.7M Seed round, led by BDC’s Seed Venture Fund, with participation from FRAMEWORK Venture Partners, Sprout Fund, and Top Down Ventures.

With digital threats growing in complexity, businesses are facing an increasing need for proactive protection. Styx Intelligence has built an AI-first DRP platform that helps organizations monitor and secure their digital presence, protecting against impersonation, fraud, and brand misuse across the internet.

Why We Invested in Styx Intelligence

At Top Down Ventures, we’ve seen firsthand how MSPs are playing an increasingly critical role in delivering security solutions to businesses. As digital risk becomes a growing concern, we see an opportunity for MSPs to incorporate an all-in-one Digital Risk Protection solution into their security offerings, providing customers with continuous monitoring and protection against online threats. The software can be used by technical and non-technical users, but it is powerful enough to deliver deep analytics and actionable insights across companies of all sizes.

"MSPs are on the front lines of cybersecurity for businesses of all sizes, and Styx Intelligence is delivering a powerful new capability to help them protect their clients," said Joel Abramson, Managing Partner at Top Down Ventures. "Their AI-first approach makes it possible to automate digital risk protection at scale, and we see a huge opportunity to help them expand into the MSP channel."

A Strong Investment Syndicate & Strategic Growth in Canada

This investment also represents a unique opportunity to collaborate with some of Canada’s top venture capital firms. BDC’s Seed Venture Fund, FRAMEWORK Venture Partners, and Sprout Fund bring a wealth of expertise in AI, cybersecurity, and enterprise software, making this an exceptional group of investors to support Styx’s next phase of growth.

"We’re excited to be working with an incredible group of investors who bring deep experience in scaling innovative cybersecurity companies," said Karim Ladha, Co-founder and CEO of Styx Intelligence. "This investment gives us not just the capital to grow but also the strategic support to expand our reach and accelerate adoption across industries."

The Future of Digital Risk Protection for MSPs

Founded by cybersecurity entrepreneurs Karim Ladha and Santosh Nair, Styx Intelligence is built on deep expertise in AI, security operations, and digital risk monitoring. The platform is designed to provide enterprises and service providers with a scalable, automated way to identify and mitigate risks associated with their online presence.

With this funding, Styx Intelligence is poised to expand its AI-driven DRP platform and introduce new integrations that will further enhance its offering for MSPs. Future capabilities will include seamless integrations with key MSP tools, such as ControlMap for compliance automation.

These integrations will:

• Enable MSPs to incorporate Digital Risk Protection into security workflows
• Link security insights with compliance processes, helping businesses meet regulatory requirements
• Expand DRP capabilities into the broader security and risk management ecosystem

Looking Ahead

We believe Styx Intelligence is positioned to lead the next evolution of cybersecurity for MSPs. As Digital Risk Protection becomes a core part of modern security strategies, Styx’s AI-first approach makes it possible for MSPs to deliver proactive security without added complexity.

We’re excited to partner with Karim, Santosh, and the entire Styx team to help bring Digital Risk Protection to the MSP market and make enterprise-grade security more accessible than ever.

Learn more about Styx Intelligence at styxintel.com.