Home / Business and Economy / Comp AI Raises $34M for Agentic Security
Comp AI Raises $34M for Agentic Security
17 Sep
Summary
- Comp AI raised $34 million in Series A funding.
- The company uses AI agents for security policies and audits.
- Their platform continuously monitors compliance controls.
Comp AI, a startup focused on cybersecurity and compliance, announced a $34 million Series A funding round on Thursday, led by Roo Capital and Grand Ventures. This capital infusion will accelerate the company's product expansion.
The company, founded in January of last year by Lewis Carhart, Claudio Fuentes, and Mariano Fuentes, is building an agentic AI platform. This platform aims to automate burdensome security and compliance tasks for businesses.
Comp AI's technology utilizes AI agents to help draft company security policies and gather evidence for security audits. It also provides continuous monitoring to ensure companies meet compliance controls.
The founders previously experienced the difficulties of manual compliance processes while building another startup. They noted that security and compliance are often directly linked to revenue for software companies, as clients may require reports like SOC 2 before finalizing deals.
Comp AI's software aids companies in meeting and maintaining security requirements but does not replace independent audits or human oversight. Human workers remain crucial for onboarding AI, supporting controls, and managing the AI workflow.
Additionally, the company offers AI-powered penetration testing to proactively identify vulnerabilities in codebases and infrastructures. Comp AI is part of a new wave of cybersecurity companies addressing the evolving risks in the agentic era, where rapid AI adoption necessitates continuous and autonomous security solutions.
