p0 Emerges From Stealth With $6.5 Million In Funding

By Amit Chowdhry • Feb 3, 2024

Even though data security is the most fundamental promise a business can make to its users, we have become accustomed to hearing about massive data exploits almost daily. p0 recently launched from stealth and announced that it has raised $6.5 million from Lightspeed Venture Partners with participation from Alchemy Ventures to help stop catastrophic software failures. p0’s proprietary technology leverages Large Language Models (LLMs) to identify safety and security issues in software before it is ever run in a production environment. And p0’s technology provides a single-click solution without additional user configuration.

p0 can handle a wide range of software issues, including data integrity issues, validation failures (including those affecting data security), and speed and timeout issues. p0 noiselessly surfaces intelligent and actionable output far more effectively than traditional software reliability and security solutions. And through developer teams simply connecting their Git code repositories to p0, they can rapidly gain insight beyond what traditional rule-based static analysis tools can provide with the ability to run code scans in just 1-click.

Before launching p0, Prakash Sanker (Co-Founder and CTO of p0) studied math and computer science at Stanford University and worked at companies including Palantir. And Kunal Agarwal (Co-Founder and CEO of p0), an economics graduate from Harvard College previously founded a company backed by Lightspeed Priority Vendor Technologies – which was acquired by Kansas-based C2FO in 2019. p0 will use the funding to develop its product further as it seeks to gain adoption from more users and build its team further.

KEY QUOTES:

“Across the world, recent catastrophic software failures have led to real-world impact on human life and poor outcomes for businesses. At p0, we are determined to stop these safety and security issues affecting our society. Leveraging AI, we can go further than traditional software reliability and security tools to ensure society sees the benefits of technology with less risk.”

– Prakash Sanker, Co-Founder and CTO of p0

“We’re building a phenomenal team and product at p0, all focussed around protecting our clients and their users the damage that software vulnerabilities and reliability bugs can cause.”

“As software becomes more intricate and pervasive, the importance of robust testing and reliability checks has never been more apparent. p0 is here to fundamentally change how organisations tackle these challenges head-on by harnessing the analytical power of AI. Our innovative approach empowers developers to write safer, more secure code thereby pre-empting serious run-time failures and exploits..”

– Kunal Agarwal, Co-Founder and CEO of p0

“At Lightspeed we’ve backed over 50 companies using generative AI to create new markets and upend old ones. p0’s cutting-edge approach to code and API security is unique and amongst the first ever truly LLM-native ways of solving this age-old and ever-evolving problem. We are excited to have incubated and backed them from when this was just an idea on paper.”

– Hemant Mohapatra, Partner at Lightspeed