Mindgard has raised $30 million in Series A funding to expand its AI security platform as enterprises increase deployment of AI models, agents, and applications. Album VC led the financing, with participation from Karma Ventures and existing investors .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar. Mindgard plans to use the new capital to expand its product, engineering, sales, and marketing operations in response to growing customer demand.
Mindgard combines AI security research with offensive security techniques to identify vulnerabilities affecting artificial intelligence systems. The company’s technology stems from AI security research at Lancaster University and is designed to assess emerging attack surfaces across models, agents, and AI-powered applications.
The company said its platform has helped uncover and publicly disclose more than 150 high-impact security and safety vulnerabilities affecting widely used AI products. Examples cited by Mindgard include a zero-day code execution vulnerability involving Cursor IDE, a trusted workspace vulnerability in Google Antigravity, and image-generation guardrail failures involving ChatGPT.
Insights from those discoveries are incorporated into Mindgard’s proprietary knowledge base, which the company uses to continually update the offensive and defensive capabilities of its AI Security Platform.
Mindgard is being deployed by Fortune 2000 companies and AI technology companies operating across financial services, pharmaceuticals, gaming, digital services, semiconductors, and healthcare.
Its platform supports capabilities including Shadow AI discovery, AI red teaming, and runtime protection intended to help companies discover, assess, and mitigate vulnerabilities across their AI environments.
KEY QUOTES:
“AI is creating an entirely new attack surface and organizations need a fundamentally different approach to securing it. We don’t just automate attacks. We operationalize expertise, turning the knowledge of leading AI security researchers and offensive security practitioners into the capabilities every enterprise needs to secure their AI. This investment will expand our global reach and help make attacker-driven AI security a core part of how organizations implement and manage AI.”
James Brear, CEO of Mindgard
“Organizations are moving AI into critical operations without security infrastructure designed for how these systems operate in practice. Mindgard has translated deep research and elite offensive-security expertise into a continuously evolving capability that enables enterprises to stay ahead of emerging AI threats. We believe this team can define the AI security category.”
Ty Boswell, Partner at Album VC
“AI security is an emerging category and Mindgard stands out as one of the names to watch. Its technology is built on world-class offensive security research, combining automated reconnaissance with smart penetration testing. Crucially, it’s already proven in production. Some of the most demanding F2000 enterprises rely on it to safeguard their AI systems. That combination of a defensible research moat and proven enterprise pull is rare.”
Kristjan Laanemaa, Founding Partner at Karma Ventures
