Equixly is gaining rapid attention in the cybersecurity world after securing fresh Series A funding of 10 million euros to scale its AI driven approach to API penetration testing. With businesses relying heavily on API connections for everyday operations, the need for continuous and intelligent security testing has never been more important. This article provides a complete look at what Equixly offers, its technology, its funding story, and the leadership behind the company.
What Is Equixly?
Equixly is an AI powered platform that automates API security testing. Instead of depending on traditional scanners that often miss deeper logic flaws, the platform uses agentic AI models that think and act like human attackers. These AI agents carry out realistic and sophisticated attack simulations to detect vulnerabilities before they reach production.
The platform integrates directly into CI and CD pipelines and fits smoothly into the software development lifecycle. Teams receive clear reports, real time findings, and suggested fixes so that issues can be addressed early and with confidence.
Why API Security Matters Today
APIs are now central to how organisations operate. Banking platforms, mobile apps, ecommerce systems, healthcare providers and hundreds of other sectors use APIs to connect services and move data.
The speed of development creates new security risks. APIs can contain hidden endpoints, misconfigurations or business logic flaws that automated scanners struggle to detect. Attackers are increasingly targeting these weaknesses to gain access to personal data, payment information and internal systems.
Equixly addresses this challenge through continuous testing that works at the same speed as modern software teams.
Key Features of Equixly
Equixly is designed to find hard to detect vulnerabilities and give security teams and developers meaningful results. Two of the platform’s most important feature groups are listed below.
Automated AI Driven Attack Simulation
- AI models imitate the reasoning and behaviour of skilled attackers.
- Automatically uncovers up to eighty percent more vulnerabilities compared to standard DAST tools.
- Detects complex business logic issues that scanners often miss.
- Identifies shadow endpoints that organisations may not be aware of.
Seamless Integration and Workflow Support
- Works inside CI and CD pipelines for continuous security.
- Provides clear remediation advice and detailed reporting.
- Supports compliance efforts for GDPR, NIS2, DORA and other regulatory frameworks.
- Delivers low false positive rates below one percent to reduce unnecessary workload.
How Equixly’s Agentic AI Technology Works
Equixly uses a fully in house agentic AI infrastructure. This means the models are trained to think in steps, analyse the behaviour of an application and generate targeted attack actions. This approach provides human level reasoning at a scale that traditional penetration testing cannot match.
Once Equixly is deployed, its agents build a mental map of the API environment. They monitor how requests and responses behave, infer underlying logic and then test possible weaknesses. The system learns continuously, making it possible to detect new and emerging threats.
This approach gives organisations deep visibility and helps teams address security issues early. The result is stronger protection, lower costs and a reduced risk of real world breaches.
Also Read: Lumoo Secures New Funding as Lovable CEO Backs Expansion
Equixly Funding: The Latest Round Explained
Equixly recently closed a 10 million euro Series A funding round. This round was led by 33N Ventures with participation from Alpha Intelligence Capital, JME Ventures, 360 Capital and Fondazione Cassa di Risparmio di Firenze. The new funding will support:
- global expansion, including a stronger presence in the United Kingdom
- growth of the engineering and research teams
- development of new AI security models
- commercial expansion across Europe and beyond
This investment reflects the rapid increase in demand for automated and intelligent API security solutions.
Leadership and CEO
Equixly was founded in 2022 by brothers Mattia and Alessio Dalla Piazza. Both founders have backgrounds in large scale technology and cybersecurity roles across organisations such as IBM, Accenture and UniCredit.
Mattia Dalla Piazza serves as the Chief Executive Officer. Under his leadership, the company has:
- secured multiple funding rounds, including the latest Series A
- expanded operations into new European markets with a London office
- developed proprietary AI technology used by regulated industries
- formed partnerships with recognised bodies such as the OWASP Foundation
The leadership team focuses on making continuous and autonomous security testing accessible to every development and security team.
Adoption Across Europe
Equixly’s platform is trusted by organisations across banking, energy, insurance and retail sectors throughout Europe. Companies choose the platform because it provides a level of reasoning and depth that aligns with modern software complexity.
With growing regulatory pressure and an expanding attack surface created by rapid AI driven development, organisations need tools that can keep pace. Equixly offers a future ready approach that works for enterprises of all sizes.
Benefits for Development and Security Teams
Equixly provides practical benefits that teams can measure in their everyday workflows. Below are two grouped lists highlighting these advantages.
Benefits for Development Teams
- Fast feedback inside the development workflow
- Reduced need for manual penetration testing cycles
- Early detection of issues before they reach production
- Lower long term security costs
Benefits for Security Teams
- Continuous monitoring of complex API environments
- Deep detection capabilities with fewer false positives
- Better visibility into shadow endpoints and hidden risks
- Easier compliance reporting with clear evidence
Use Cases
Equixly supports a wide range of use cases, including:
Financial Services
Banks and fintech companies use Equixly to protect customer data, transaction workflows and access systems. The platform helps ensure that APIs meet strict regulatory and security standards.
Ecommerce and Retail
Retailers rely on APIs for payment processing, logistics, user accounts and inventory. Equixly identifies weaknesses that could lead to fraud or unauthorised access.
Energy and Utilities
Critical infrastructure providers use Equixly to strengthen resilience, protect operational APIs and reduce the risk of targeted attacks.
Technology Providers
SaaS and cloud based services integrate Equixly to maintain reliable and secure platforms for their customers.
Platform Integrations
The platform is built to integrate directly with tools already used by developers and security teams. Equixly supports popular CI and CD systems, logging platforms and monitoring dashboards. This ensures minimal disruption and easy adoption.
The platform also supports compliance with industry standards and includes features for generating reports that satisfy regulatory audits.
Future Plans and Roadmap
With the new funding, Equixly plans to expand across the UK and other European markets. The roadmap includes:
- new capabilities for monitoring AI generated code
- expanded agentic AI models for multi step reasoning
- deeper analysis for business logic vulnerabilities
- wider integration support for security ecosystems
These developments aim to make autonomous security testing more accessible for organisations of all sizes.
Frequently Asked Questions
What does Equixly do?
Equixly provides AI powered API security testing that uses agentic AI models to detect vulnerabilities and logic flaws.
How does Equixly differ from standard scanners?
Standard scanners often miss deeper issues. Equixly imitates the behaviour of real attackers, providing stronger and more realistic testing.
Who founded Equixly?
The company was founded by Mattia and Alessio Dalla Piazza in 2022.
How much funding has Equixly raised?
The company has raised 10 million euros in its latest Series A round.
Where is Equixly based?
Equixly has legal headquarters in Florence and a London office that supports UK and European operations.
Final Thoughts
Equixly is shaping the future of API security with an intelligent and scalable approach. By combining continuous testing with agentic AI models, the company delivers protection that keeps pace with modern software development. With recent funding and a strong leadership team, Equixly is well positioned to help organisations strengthen their API security across Europe and beyond.