How Much Did Protect AI Raise?
Funding & Key Investors

Protect AI, a burgeoning force in the MLSecOps sector, has secured significant capital, with its total funding reaching $108.5M. The company recently announced a major strategic investment of $60M, underscoring its rapid ascent and market potential. This latest financing round signifies a pivotal moment for Protect AI as it aims to solidify its position in the rapidly evolving landscape of artificial intelligence security.

What is Protect AI?

Protect AI
SoftwareSecurity Software

Founded by seasoned leaders in artificial intelligence and enterprise software development, Protect AI is poised to pioneer a new market segment known as MLSecOps (Machine Learning Security Operations). The Seattle-based company is dedicated to addressing the unique security challenges presented by machine learning systems. By focusing on this critical niche, Protect AI aims to provide robust solutions that safeguard AI deployments, ensuring their integrity and security in an increasingly complex digital environment. The company's strategic focus on MLSecOps positions it at the forefront of AI security innovation.

How much funding has Protect AI raised?

Protect AI has raised a total of $108.5M across 3 funding rounds:

2022

Angel/Seed

$13.5M

2023

Series A

$35M

2024

Series B

$60M

Angel/Seed (2022): $13.5M with participation from Pelion Venture Partners, Knollwood Capital, Acrew Capital Management, Aviso Ventures, and Boldstart Ventures

Series A (2023): $35M led by Acrew Capital Management, Boldstart Ventures, and Evolution Equity Partners

Series B (2024): $60M supported by The Stepstone Group, Samsung Electronics, 01 Advisors 01, and Evolution Equity Partners

Key Investors in Protect AI

Acrew Capital Management

Acrew Capital Management is a venture capital firm that focuses on long-term partnerships and conviction-driven investments, supporting early-stage to growth-stage companies. They emphasize emotional intelligence and diverse perspectives to foster resilience and strategic thinking.

Boldstart Ventures

Boldstart Ventures partners with technical founders to build autonomous enterprise companies, focusing on AI-native infrastructure, security, applications, and models from inception through Series A funding.

Evolution Equity Partners

Evolution Equity Partners is an international venture capital firm specializing in cybersecurity investments, supporting entrepreneurs from seed to growth stages with operational, technical, and go-to-market expertise.

What's next for Protect AI?

With substantial backing, Protect AI is strategically positioned for accelerated growth and market expansion. The recent major strategic investment, coupled with the overall capital raised, will likely fuel further research and development, enhance product offerings, and broaden its go-to-market strategy. The company's trajectory suggests a focus on scaling its operations to meet the growing demand for specialized AI security solutions. Continued innovation in MLSecOps will be crucial as Protect AI navigates its next phase of development and aims to capture a significant share of the AI security market.

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Frequently Asked Questions Regarding Protect AI Financial Insights

What are the most recent funding rounds that Protect AI has completed, and what were the funding rounds?
Protect AI has recently completed 3 funding rounds: Series B on Aug 1, 2024, Series A on Jul 26, 2023, Angel/Seed on Dec 16, 2022.
What is the total amount of funding Protect AI has raised to date?
Protect AI has raised a total of $108.5M in funding to date.
How many funding rounds has Protect AI completed?
Protect AI has completed 3 funding rounds.
How much funding did Protect AI raise in its most recent funding round?
Protect AI raised $60M in its most recent funding round.
Who are the lead investors in Protect AI's latest funding round?
The lead investor in Protect AI's latest funding round was The Stepstone Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Protect AI's history?
The largest funding round in Protect AI's history was $60M.
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