Key facts
- Comp AI raised $34 million in a Series A funding round led by Roo Capital and Grand Ventures.
- The company uses AI agents to automate security and compliance tasks, including drafting policies and collecting audit evidence.
- Comp AI offers AI-powered penetration testing to proactively identify vulnerabilities.
- The platform continuously monitors compliance controls and provides real-time insights into AI agent activity.
- The startup has raised a total of $37.5 million to date.
- Human oversight is integrated into the AI workflow for policy review and control support.
Comp AI, a startup specializing in AI-driven cybersecurity and compliance solutions, announced on Thursday that it has secured $34 million in a Series A funding round. The investment was led by Roo Capital and Grand Ventures.
The company, founded in January by CEO Lewis Carhart and co-founders Claudio and Mariano Fuentes, aims to streamline the often tedious and manual processes involved in security and compliance. Their platform utilizes AI agents to automate tasks such as writing company security policies, collecting evidence for audits, and continuously monitoring adherence to compliance controls.
Claudio and Mariano Fuentes, who have a history of building startups together, previously co-founded LeapAI, a workflow platform that gained over a million users but was eventually shut down due to a lack of a "sticky enough use case." This experience informed their approach to Comp AI, emphasizing the importance of specific use cases and leveraging LLMs.
Carhart explained that security and compliance are directly linked to revenue for many software companies, as clients often require reports like SOC 2 before closing deals. Comp AI's software automates much of this work, though it does not replace independent audit reviews or human oversight. Human workers are involved in onboarding the AI, supporting controls, and approving AI-generated outputs.
The company also provides AI-powered penetration testing to identify vulnerabilities in codebases and infrastructures. The newly raised capital is intended to support product expansion. Comp AI has raised a total of $37.5 million to date.
Comp AI is part of a new wave of AI security and compliance companies emerging to address the evolving security landscape created by the rapid adoption of AI. Carhart highlighted the need for continuous security and compliance measures as companies deploy new AI agents that can access sensitive data and alter system permissions.