
$3.7M in Seed Funding for Prediction Guard to Accelerate Growth
Prediction Guard has successfully raised $3.7 million in an oversubscribed seed funding round. This investment will fuel the company's growth and enable them to expand their product adoption in regulated industries or where security is a top priority. The round was led by Sovereign’s Capital with participation from Blu Ventures, Noblis Ventures, K Street Capital, WaterStone Impact Fund, Ringbolt, BHB Fund, M25, Launch Factory, Service Provider Capital, Flywheel Fund, Overlook VC, and key strategic angels. This investor syndicate brings deep expertise in enterprise software, cybersecurity, regulated industries, and cutting-edge R&D.
AI is transforming businesses for the better, but AI companies have a track record of exposing sensitive data, leaking IP, profiting from domain knowledge, and compromising the trust that companies have built with their customers. Prediction Guard allows companies to take control of their AI transformation without exposing their proprietary data, by bringing a secure, best-in-class AI system behind their firewall. When they deploy Prediction Guard in their existing infrastructure, companies are able to simultaneously unblock developers (who are eager to innovate) and satisfy security and compliance professionals (who can get a good night’s rest knowing their data is secure). Watch this video to see what Prediction Guard enables in the most secure, high impact scenarios.
“The primary concern of enterprises which prevents the adoption of GenAI at scale is data security and the related issues that come with third party large language model systems. Prediction Guard allows a company to deploy an internal AI system that meets their regulatory burden and aligns with AI security best practices out-of-the-box. This helps them overcome the hurdles of deploying GenAI across an organization.” -Phil Jung, Partner at Sovereign’s Capital
“We’re on a mission to restore trust in human institutions via private, secure intelligence. This round will enable us to pursue this clear, redemptive direction of AI development in the midst of industry having a track record of exploitation and security/ data breaches. The group of investors that have partnered with us represent the best-of-the-best in terms of industry connections, cybersecurity experience, company builders, and talent pipeline. We couldn’t be happier with how this round came together and how it will catalyze further growth.” -Daniel Whitenack, CEO of Prediction Guard and co-host of the Practical AI podcast
The $3.7M in funding will help Prediction Guard accelerate their GTM team by making key sales and marketing hires (open positions are listed here on LinkedIn). Additionally, the Prediction Guard team will use funds to continue development of its private, secure AI offering making it easier to deploy and govern all of the core AI building blocks (LLMs, vision models, embeddings, document extraction, transcription, safeguards, and more) in on-prem, air-gapped, and cloud VPC environments.
Learn more about AI security and privacy best practices from the Prediction Guard team at one of their upcoming webinars. Companies interested in learning more and setting up a demo of the Prediction Guard platform can book a time with the team on their website. Requests for interviews and/or companies interested in partnership (ISVs or MSPs) can contact the Prediction Guard team at contact@predictionguard.com.