# Gray Swan Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gray-swan-security

- Industry: IT Security/Cybersecurity
- Headquarters: Pittsburgh, US
- Website: www.grayswan.ai
- Total disclosed funding: $40M
- Latest round: Series A (May 28, 2026)
- Investors on record: 6

## About

Gray Swan Security, Inc. is a US-based company specializing in adversarial evaluation solutions, enhancing the security of AI-powered applications through innovative products designed for enterprise clients.Founded in 2023 and headquartered in Pittsburgh, US, Gray Swan Security, Inc. focuses on providing security solutions for AI systems. The company has successfully completed 2 deals and raised USD 40.00 mn in its latest funding round, Series A, with investments from firms including Madrona Venture Group and Samsung NEXT Ventures. The founder's history is currently unavailable.Gray Swan offers advanced adversarial evaluation solutions that enhance the security of AI-powered applications. Its core products include Shade, designed for adversarial red-teaming, and Cygnal, a runtime protection system that classifies and blocks adversarial inputs and unsafe outputs in production environments. These solutions serve enterprise users in technology and financial sectors, focusing on clients in North America and Europe, ensuring robust protection against AI vulnerabilities.Gray Swan generates revenue through subscription-based models and partnerships with enterprise clients. Clients engage with the firm by selecting service packages that include both Shade and Cygnal, enabling proactive security assessments and real-time protection against adversarial threats. The pricing structure is tiered based on deployment scale and complexity, reflecting the increasing demand for advanced AI security solutions.Gray Swan Security, Inc. plans to leverage its recent funding of USD 40.00 mn to enhance its product offerings and expand into new geographic markets. The company is in the process of developing additional security tools aimed at addressing emerging AI threats, with a targeted launch for these products projected within the next 12 months. Additionally, it aims to extend its presence in European markets by 2024, ensuring that its solutions meet the evolving regulatory standards in the region.

## Funding rounds

- Series A, May 28, 2026, $40M — Magarac Venture Partners, Madrona Venture Group, Wing, Obvious, Samsung NEXT Ventures, Snowflake Ventures

## Investors

- Magarac Venture Partners (https://capitalatlas.ai/funds/magarac-venture-partners) — Series A
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A
- Wing (https://capitalatlas.ai/funds/wing) — Series A
- Obvious (https://capitalatlas.ai/funds/obvious) — Series A
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series A
- Snowflake Ventures (https://capitalatlas.ai/funds/snowflake-ventures) — Series A