CultureAI Secures $10M Series A Funding

In a bid to fortify defenses against cybersecurity threats stemming from human error, Cyber risk management platform CultureAI has successfully raised $10M in a Series A funding round.

• Investors: The round was jointly led by Mercia Ventures and Smedvig Ventures, with continued support from existing investors Passion Capital and Senovo.

• Platform Functionality: CultureAI employs a data-driven approach to empower organizations in monitoring, reducing, and resolving human cyber risks.

• Clientele and Growth: Notable clients include Revolut, RAC, and Delivery Hero, reflecting rapid adoption and revenue growth.

• Strategic Focus: The investment will bolster product evolution and team expansion, aiming to double its workforce within the next year.

• Market Expansion: CultureAI plans to elevate its market presence, particularly in the US, amidst the increasing adoption of SaaS apps and generative AI.

With strategic investments and a growing roster of clients, CultureAI is poised to set new benchmarks in safeguarding organizations worldwide.