Top Down Ventures Leads $3.2M Seed Round in ThreatMate to Revolutionize Attack Surface Management for MSPs

Top Down Ventures is excited to announce our lead investment from the Top Down Founders Fund in ThreatMate, a cutting-edge cybersecurity startup redefining attack surface management for Managed Service Providers (MSPs). ThreatMate has secured $3.2 million in seed funding that was oversubscribed, with participation from Runtime Ventures and Blu Ventures, both seed stage cybersecurity investors.

This investment underscores our commitment to backing MSP-focused software companies that address the industry’s most pressing challenges. Cyber threats are evolving at an unprecedented rate, and MSPs—who manage critical IT environments for businesses worldwide—need smarter, more efficient ways to assess, monitor, and mitigate security risks. ThreatMate delivers a next-generation attack surface management platform designed specifically to meet the unique security needs of MSPs.

Why We Invested in ThreatMate

ThreatMate is tackling one of the biggest cybersecurity challenges MSPs face today: managing the constantly shifting attack surfaces of their clients. Traditional security tools often fail to provide a complete picture of exposure, leaving MSPs reactive rather than proactive in addressing vulnerabilities. ThreatMate harnesses recent advances in artificial intelligence to make enterprise-grade cybersecurity accessible to the small and middle market by offering a unified single platform MSP operators can use to provide unparalleled visibility into all their attack surfaces.

By leveraging AI-driven analytics, automation, and real-time monitoring, ThreatMate’s platform enables MSPs to:

• Gain continuous, real-time visibility into client attack surfaces
• Identify, prioritize, and deliver actionable intelligence to remediate vulnerabilities before they can be exploited
• Automate threat intelligence workflows, reducing operational overhead
• Deliver enterprise-grade cybersecurity solutions tailored for SMBs

“ThreatMate is solving a critical problem for MSPs by transforming the way attack surfaces are managed and secured,” said Chris Day, Founding Partner at Top Down Ventures. “Their technology brings the power of AI and automation to an area where MSPs have historically been underserved. We see a massive opportunity to help them scale and integrate deeper into the MSP security stack.”

A Team with the Expertise to Win

ThreatMate was founded by a team of seasoned entrepreneurs and cybersecurity veterans with a track record of successful exits and expertise spanning DoD/National Security, artificial intelligence, and cybersecurity operations. Their deep understanding of modern cyber threats and how MSPs operate uniquely positions them to deliver a solution that is both powerful and practical for service providers.

“This investment is more than just capital—it’s a strategic partnership that will help us accelerate our growth and build deep integrations across the MSP ecosystem,” said Anup Ghosh, Co-founder and CEO of ThreatMate. “We’re excited to work with Top Down Ventures, Runtime Ventures, and Blu Ventures to bring next-generation attack surface management to MSPs.”

Building the Future of Integrated Security for MSPs

As part of its long-term vision, ThreatMate is committed to seamless integration with the broader MSP software ecosystem. The company is already exploring future integrations with a couple of Top Down portfolio companies. These integrations will enable MSPs to:

• Link security insights with compliance workflows, helping them meet industry standards with ease
• Leverage cyber warranties and insurance to provide additional financial protection for their clients
• Automate security policy enforcement, making cybersecurity more actionable and scalable for MSPs

At Top Down Ventures, we believe ThreatMate is building something truly game-changing for the MSP community. With the right technology, a proven team, and strong strategic backing, ThreatMate is well-positioned to become a cornerstone of the modern MSP security stack.

Looking Ahead

This investment will fuel ThreatMate’s product development, market expansion, and go-to-market strategy, ensuring MSPs have the tools they need to stay ahead of the cybersecurity curve. We’re excited to partner with the ThreatMate team as they scale their AI-driven security platform and bring smarter, more proactive security solutions to MSPs worldwide.

To learn more about ThreatMate, visit threatmate.com or follow them on LinkedIn.