Prompt Security Raises $18 Million in Series A

by Kay Aloha Villamor in November 21st, 2024

Prompt Security, a Tel Aviv, Israel-based company specializing in generative AI (GenAI) security, has secured $18 million in Series A funding. 

Investors 

The round was led by Jump Capital, with participation from Hetz Ventures, Ridge Ventures, Okta, and F5. 

Founded in 2012, Jump Capital is a venture capital investment firm based in Chicago, Illinois. The firm invests in early-stage founders solving problems in fintech, application software, and infrastructure software. 

Prompt Security Use of Funds 

The company will use the funds to enhance its platform. 

About Prompt Security 

Founded in 2023, Prompt Security provides a platform for generative AI security designed to safeguard enterprises from GenAI threats while offering visibility and governance over AI tools. The platform protects against various GenAI risks, such as prompt injections, shadow AI, and data leaks. It also enforces policies, inspects prompts, and blocks harmful content. The company has secured major clients, including Fortune 500 companies. 

Funding Details 

Company: Prompt Security, Inc. 

Raised: $18.0M 

Round: Series A 

Funding Date: November 2024 

Lead Investor: Jump Capital 

Additional Investors: Hetz Ventures, Ridge Ventures, Okta, F5 

Company Website: https://www.prompt.security/  

Software Category: Generative AI Security 

Source: Ronny Hassid

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