What is Protect AI?
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:
Angel/Seed
$13.5M
Series A
$35M
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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