Cyber Threat Intelligence Platform
Threat intelligence
Identity-first threat intelligence platform combining collection from the dark and clear web with prioritized alerting.
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Flare
CybersecurityMontreal, QC
Montreal-based threat exposure management company whose platform continuously scans the clear and dark web and threat actor communities for leaked credentials and other exposed organizational data.
Canadian innovation builds a brighter tomorrow.
About
Source: flare.ioFlare describes itself as an identity-first cyber threat intelligence SaaS platform that combines proprietary collection from across the dark and clear web with radical ease of use. The company was founded in 2017 by three red-teamers working in financial services, and says its mission has been the same from day one: defenders shouldn't be left in the dark.
Secured US$30M in November 2025: a US$15M Series B extension led by Inovia Capital's Growth Fund plus US$15M in debt financing from BMO. flare.io
Raised a US$30M Series B led by Base10 Partners, with Inovia Capital, White Star Capital and Fonds de solidarite FTQ. flare.io
BetaKit reported that Series B as $42.5M CAD in December 2024, bringing total funding raised to at least $53M CAD as of that date. betakit.com
Launched Identity Exposure Management in October 2025, building on its Entra ID integration and credential validation, which it says hundreds of enterprises already trust. flare.io
Cites close to 50 million breached identities traded weekly on Telegram and dark web channels - an ecosystem-wide figure, not Flare's own volume. flare.io
Acquired Foretrace, a U.S. data exposure company, in March 2024; terms were not disclosed. flare.io
Products & Services
Company site: flare.ioProducts Flare publishes on its own site. Each card links to the page it was taken from.
Identity Exposure Management
Identity security
Detects and manages exposed workforce and customer identities found across threat actor communities.
Learn moreDark Web Monitoring
Monitoring
Continuous monitoring of dark web sources for leaked credentials and other exposed organizational data.
Learn moreLookalike Domain Monitoring
Brand protection
Detects lookalike and typosquatted domains registered against an organization brand.
Learn moreExecutive and VIP Protection
Monitoring
Monitors exposure of executives and other high-profile individuals across criminal channels.
Learn moreData PRISM
Data visualization
Interactive visualizations of the sources Flare monitors, such as stealer logs and Telegram channels, giving transparency into the dataset behind its platform.
Learn moreFlare Academy
Training
Training programme covering threat intelligence and dark web investigation practice.
Learn moreFunding & Investors
Announced rounds only, newest first. Undisclosed amounts are shown as undisclosed.
Series B extension
Nov 5, 2025
US$15.0Mflare.ioInvestors: Inovia Capital Growth Fund (lead), Base10 Partners, White Star Capital
Debt financing
Nov 5, 2025
US$15.0Mflare.ioInvestors: BMO
Series B
Dec 11, 2024
US$30.0Mflare.ioInvestors: Base10 Partners (lead), Inovia Capital, White Star Capital, Fonds de solidarité FTQ
Series A
Jun 9, 2022
C$9.5Mflare.ioInvestors: Inovia Capital (lead), White Star Capital, Luge Capital
Total disclosed: US$60.0M + C$9.5MLatest: Series B extension · Nov 5, 2025
Partnerships
Publicly announced partnerships.
IBM X-Force
Joint threat research; first output was the March 2026 report Inside the North Korean Infiltrator Threat on North Korean IT-worker fraud.
Government & Grants
Government support actually received. Unpublished amounts are left out.
AI Compute Access Fund, Innovation, Science and Economic Development Canada — contribution
Industrial Research Assistance Program, National Research Council Canada — contribution
Industrial Research Assistance Program Youth Employment Program, National Research Council Canada — contribution
Industrial Research Assistance Program, National Research Council Canada — contribution
Industrial Research Assistance Program Youth Employment Program, National Research Council Canada — contribution
Recent News
- Nov 5, 2025Funding
Flare Secures $30 Million in Growth Capital to Accelerate TEM and M&A Strategy
Flare announced US$30M in additional capital: a US$15M Series B extension led by Inovia Capital's Growth Fund with Base10 Partners and White Star Capital, plus US$15M in debt financing from BMO, bringing its funding over the past year to $60M.
- Oct 15, 2025Product
Flare launches Identity Exposure Management
Flare launched Identity Exposure Management, building on its Entra ID integration and manual credential validation capabilities, which it says are already trusted by hundreds of leading enterprises.
- Dec 11, 2024Funding
Flare raises US$30M Series B led by Base10 Partners
Flare raised a US$30M Series B led by Base10 Partners, with Inovia Capital, White Star Capital and Fonds de solidarite FTQ participating.
People
Sourced from the company's own pages or announcements.
Norman Menz
Chief Executive Officer
Yohan Trepanier Montpetit
Co-founder
Mathieu Lavoie
Co-founder
Israel Halle
Co-founder
Technology Focus
Company site: flare.ioTerms the company uses about its own work.
Cyber threat intelligenceIdentity exposure managementDark web monitoringThreat exposure managementLookalike domain monitoringAccount takeover prevention
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