Kovr.ai: $3.6 Million Secured For Transforming Cyber Compliance Automation

By Amit Chowdhry • Yesterday at 3:29 PM

Kovr.ai, an AI-native cyber compliance automation platform provider, announced it emerged from stealth with $3.6 million in seed funding led by IronGate and Xfund with participation from Hack Factory, OODA Ventures, and McLean Capital.

Kovr.ai acts as a compliance copilot, enabling organizations in highly regulated industries to quickly adapt to evolving regulatory frameworks and achieve Authorization to Operate (ATO) readiness in minutes. The company was co-founded by Andrew Black and Sri Iyer, AI leaders and former executives from AWS, Gartner, and PwC, with decades of experience solving compliance, AI, and cybersecurity challenges for multi-million-dollar technology portfolios.

As the only AI-native cyber compliance automation platform designed for cloud and hybrid systems, Kovr.ai utilizes real-time, code-driven intelligence to automate the most complex frameworks like FedRAMP and CMMC. The platform is interoperable with existing DevOps tools like GitHub, Splunk, and Snyk and purpose-built to help users manage compliance documentation at the security control level, eliminating the need for manual processes that slow teams down and increase costs.

Kovr.ai runs a proprietary AI architecture built on NIST 800-53, NIST 800-171, and OSCAL. It is purpose-built for various industries, from government agencies running programs like FedRAMP and DOD SRG to banks and energy firms running NIST CSF. And the platform acts as a centralized hub offering a holistic view into compliance status, risks, and remediation progress and delivers:

1.) Real-time monitoring – Understand risk and compliance in real-time with live monitoring of security controls, vulnerabilities, and remediation actions down to the control and control family level

2.) Automated SSP generator – Automate the pipeline with an AI-powered document creation tool that parses terabytes of evidence, identifies security-relevant chunks, maps them to each control, and documents compliance and implementation gaps in minutes

3.) AI assistant – Query data holdings through an intuitive chat interface to understand compliance status, audit readiness, and gaps for remediation

4.) Audit-ready documentation – Confidently manage audit with version-controlled storage of compliance reports, evidence logs and security updates

Kovr.ai is used by an ever-growing movement of innovators like Obviant, Pellonium, ConductorAI, and more. The company’s board of advisors includes Bryan Ware, the first Presidentially appointed Director of Cybersecurity at CISA, and Matt Devost, a pioneer in national security and cyber risk strategy.

What the funding will be used for: The company will use the funds to accelerate growth by expanding its go-to-market, AI engineering and product development teams.

KEY QUOTES:

“The timing for our launch couldn’t be better. With SWFT and FedRAMP transitioning to automation and AI, Kovr.ai is the only provider ready to meet the needs of companies and government agencies. Our platform is a force multiplier for enterprises who need to scale their cyber assurance to meet the innovation demands of their customers.”

Sri Iyer, Army veteran, co-founder and CTO of Kovr.ai

“Kovr.ai unblocks innovation for highly regulated enterprises with an AI-native platform. We still see innovators suffer with the typical two-year and $2 million barrier to getting into government deployments. Attempts to adapt tools from lightweight security standards haven’t worked and can’t keep up with the demands of complex frameworks. That is until now – Kovr.ai is rewriting the script.”

Andrew Magliochetti, Managing Partner, IronGate Capital Advisors

“Compliance debt shouldn’t be a blocker for innovation. It takes companies up to 1,000 hours to do what Kovr.ai can do in 15 minutes. Kovr.ai erases common challenges, providing organizations with real-time visibility, audit-ready reports in minutes, and AI support to navigate compliance status and framework gaps. We have seen a ton and invested in a few companies that were initially hamstrung with regulatory and compliance burdens: Kovr.ai addresses these issues with a swift, dynamic, AI-native approach.”

Brandon Farwell, General Partner at Xfund

“We believe innovation is power for companies and governments alike. We built Kovr.ai to unlock digital transformation in highly regulated industries without compromising security. With our launch, we’re transforming compliance from a bottleneck to a competitive advantage.”

Andrew Black, co-founder and CEO, Kovr.ai