Comp AI, a cybersecurity and compliance startup, has raised a $34 million Series A round led by Roo Capital and Grand Ventures. The company aims to automate tedious security and compliance tasks using AI agents.
TL;DR
- Comp AI raises $34M Series A to automate security and compliance with AI agents.
- The platform continuously monitors compliance controls and assists in security audits.
- The funding will support product expansion as companies adopt more AI technologies.
What happened
Comp AI, founded in January 2023 by Lewis Carhart, Claudio Fuentes, and Mariano Fuentes, announced a $34 million Series A round led by Roo Capital and Grand Ventures. The company has raised a total of $37.5 million in funding to date.
Comp AI is building an agentic platform to automate security and compliance tasks, such as writing company security policies and collecting evidence for security audits. The platform continuously monitors whether a company is meeting compliance controls.
The company also offers AI-powered penetration testing, proactively testing codebases and infrastructures for vulnerabilities. Human workers help onboard the AI, support controls, and maintain the agentic workflow.
Why it matters
For many software companies, security and compliance are directly tied to revenue, as customers often require SOC 2 reports before closing deals. Comp AI automates much of the work traditionally required for these processes.
As companies adopt more AI technologies, they need continuous security and compliance platforms to monitor and validate risks in real-time. Comp AI aims to address this need by starting with permissions and accountability.
The Series A funding will support product expansion, helping Comp AI stay ahead in the competitive landscape of AI security and compliance startups like Vanta and Drata.
Key facts
- Comp AI raised $34 million in Series A funding led by Roo Capital and Grand Ventures.
- The company has raised a total of $37.5 million in funding to date.
- Founded in January 2023 by Lewis Carhart, Claudio Fuentes, and Mariano Fuentes.
- Comp AI's platform automates security and compliance tasks using AI agents.
- The platform continuously monitors compliance controls and assists in security audits.
- Comp AI offers AI-powered penetration testing to proactively identify vulnerabilities.
- Human workers support the AI by onboarding, supporting controls, and maintaining workflows.
- The company aims to address the growing need for continuous security and compliance in the agentic era.
Context
Comp AI is part of a new wave of cybersecurity startups emerging to help companies run more efficiently in the agentic era. As companies adopt more AI technologies, the need for continuous security and compliance platforms becomes increasingly important.
The rapid adoption and experimentation with AI are creating new security risks, driving the demand for AI-powered security and compliance solutions. Comp AI aims to address these risks by providing continuous monitoring and validation of permissions and accountability.
The company's focus on automating tedious security and compliance tasks aligns with the broader trend of using AI to improve efficiency and reduce manual workload in various industries.
