Fundraising advisory for cybersecurity startups

Cybersecurity startups operate where trust and technology meet
You protect others' data, and we protect your deal.
At dups, we help cybersecurity founders raise capital efficiently and strategically, combining legal precision and financial structure under one roof. From investor readiness to closing, we make your fundraising secure, transparent, and aligned with your long-term control.
Why cybersecurity fundraising is unique
Raising capital in cybersecurity isn't like any other vertical. Investors look for solid IP and proprietary tech (no open-source dependency risk), proven product-market fit in high-trust industries, scalable go-to-market and certification pathways, and strategic alignment with corporate or defense investors.
At the same time, the due diligence process is intense; investors want assurance on IP ownership, compliance, and client data security. That's where dups helps: we align your legal, financial, and IP structure to match investor expectations while keeping your control intact.
Our fundraising approach: from preparation to closing
1. Strategic preparation and readiness
We start by understanding your market and growth model: financial projections and valuation (recurring revenue, license-based, or hybrid models), IP and tech ownership verification, governance and data compliance setup (GDPR, NIS2, ISO), and investor mapping (VCs, defense funds, CVCs, family offices).
We prepare your materials (pitch deck, memo, data room) so you're ready to engage confidently with the right investors.
2. Investor engagement and negotiation
We support you through investor outreach and qualification, term sheet negotiation, dilution modeling and capitalization planning, and convertible or priced round structure.
We ensure every clause (valuation, board seat, governance, rights) matches your financial strategy and protects your core technology.
3. Documentation and closing
Once the round is confirmed, our legal and financial teams manage drafting or review of the investment agreement and shareholders' agreement (SHA), setup of convertible notes or SAFE (if applicable), IP assignment and confidentiality clauses, and closing coordination and funds flow.
We close your round without friction or risk exposure, ensuring clean documentation and compliance.
Who we work with
Early-stage cybersecurity startups
Pre-seed and seed fundraising, IP structure and data protection setup, and convertible instruments and early governance.
Growth-stage and scale-ups
Series A to B rounds, international investor syndication, and governance structure for institutional investors.
Corporate spin-offs and joint ventures
Structuring strategic co-investments, IP licensing and tech transfer negotiation, and multi-entity capitalization setup.
What makes dups different
Integrated legal and financial execution: we connect your deal structure and your legal framework seamlessly.
Deep experience with regulated sectors: we understand the complexity of deals in cybersecurity, defense, and compliance-heavy tech.
Investor credibility: our materials and processes meet the standards of international VCs and CVCs.
Cross-border fluency: we align EU startups with UK and US investor frameworks, ensuring clarity and compliance throughout.
Deliverables you can expect
We deliver a complete cybersecurity fundraising package:
- Investor readiness assessment (sector-specific)
- Financial and valuation modeling
- Term sheet review and negotiation support
- Investment agreement and SHA drafting
- IP and confidentiality clauses review
- Closing documentation and post-closing follow-up
Each deliverable is custom-built for cybersecurity startups, from pre-seed to Series B.
Raise cybersecurity capital.
Get the legal, financial, and IP expertise cybersecurity investors expect.
