AI Security Firm Mindgard Secures $30 Million Series A Funding to Expand Platform
Mindgard, an AI security company operating from Boston and London, has announced the successful closure of a $30 million Series A funding round, which the company states will be used to scale its product development, engineering, sales, and marketing operations amid increasing customer demand for its AI system protection platform.
The funding round was led by Album VC, with additional participation from Karma Ventures. Existing investors .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar also contributed to the round. Mindgard, which emerged from over a decade of research at Lancaster University, focuses on helping organizations secure their artificial intelligence systems against cyber threats.
Mindgard’s approach combines specialized AI security research with offensive security expertise. The company asserts it has developed the first platform capable of identifying and exploiting a “psycho-technical” attack surface present within AI models, agents, and applications. This development draws on resources from what Mindgard describes as the world’s largest AI security lab at Lancaster University.
The firm has publicly identified over 150 significant security and safety vulnerabilities across widely used AI products. These discoveries range from a zero-day code execution bug in the Cursor IDE to a trusted-workspace weakness in Google Antigravity and issues within ChatGPT’s image-generation guardrails. This intelligence is integrated into a proprietary knowledge base that continuously enhances the Mindgard AI Security Platform, providing security teams with advanced offensive and defensive tools.
The Mindgard platform assists organizations in discovering, assessing, and defending their AI assets through capabilities such as Shadow AI discovery, AI red teaming, and run-time AI protection, applicable to models, agents, and applications. The company has seen rapid adoption across a significant portion of the Fortune 2000, as well as AI-focused enterprises in sectors including financial services, pharmaceuticals, gaming, digital services, semiconductors, and healthcare.
James Brear, CEO of Mindgard, commented on the investment, stating, “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.”
Ty Boswell, a partner at Album VC, added, “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.”
