Grey Market Labs Secures $8M in Series A Funding to Drive Cybersecurity Innovations

Grey Market Labs, a growing cybersecurity firm, has successfully raised $8m in a Series A funding round.

Grey Market Labs, the company behind the groundbreaking Replica Platform, has secured $8 million in Series A funding. Led by Capri Ventures, with contributions from Blu Ventures and AFG, this funding marks a transformative step in the company’s mission to redefine digital security.

The investment will accelerate the adoption of Replica, a revolutionary platform delivering Secure Environments-as-a-Service. This cutting-edge solution enhances digital privacy and security, addressing critical vulnerabilities that organizations face in today’s rapidly evolving threat landscape.

Grey Market Labs specializes in creating robust solutions to protect digital ecosystems. The Replica platform stands out for its ability to simulate comprehensive IT environments across hardware, operating systems, applications, networks, and data layers. Its unique blend of patented technology, intelligence tradecraft, and Zero Trust architecture empowers organizations to securely execute high-risk activities such as combating misinformation, testing emerging technologies, and preventing financial scams targeting vulnerable populations.

“This funding is a testament to the transformative potential of Replica,” said Kristopher Schroeder, CEO of Grey Market Labs. “It represents over 20 years of experience in embedded tradecraft and software innovation. With this support, we are poised to deliver even more impactful solutions to our customers.”

The Series A round also brings strategic leadership to the company. Andy Brown, an accomplished technology executive, and Dennis Shaya, Partner at Capri Ventures, will join Grey Market Labs’ Board of Directors. Additionally, renowned industry experts Don Duet and Tim Estes will join the advisory board, further strengthening the company’s expertise.

Beyond cybersecurity, Replica offers versatility across a range of use cases, including secure DevOps, protected research, fraud investigations, and intellectual property protection. Its rapid deployment and adherence to compliance standards make it an invaluable tool across industries such as banking, healthcare, and government.

With this funding, Grey Market Labs is set to expand the reach and impact of Replica, empowering organizations to navigate digital challenges with confidence and resilience.