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Prevalent AI Secures $22 Million in Growth Funding for Data Fabric Platform Expansion

🔄 Updated 13h ago
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Key points

  • Prevalent AI raised $22 million from Integrity Growth Partners.
  • The company's platform converts fragmented enterprise data into a knowledge graph.
  • Funding will support US expansion and platform extension beyond cybersecurity.
  • Prevalent AI was founded in 2017 by former GCHQ and Darktrace leaders.

Funding Announcement

Prevalent AI, an AI-powered data fabric company, announced it has secured $22 million in growth funding. The investment came from Integrity Growth Partners (IGP) and marks the first external funding for the company, which had previously been bootstrapped since its founding in 2017.

Platform Overview

Prevalent AI's platform addresses cybersecurity risks by transforming fragmented enterprise data into a knowledge graph. This graph provides context, clarity, and control for security teams and AI agents. The platform cleans, connects, and contextualizes enterprise security data, identifies and remediates risks, and enables secure deployment of AI agents.

Strategic Use of Funds

The $22 million investment will be used to accelerate Prevalent AI's expansion into the United States market. Additionally, the company plans to scale its go-to-market efforts, extend its data fabric platform beyond its current cybersecurity focus, and strengthen its leadership team.

Company Background and Vision

Founded in 2017 by former GCHQ and Darktrace leaders, Prevalent AI is headquartered in London. CEO Paul Stokes stated that large enterprises often lack context for their data, despite having numerous tools and data sources. The company's AI-driven approach aims to provide this context by continuously cleaning and connecting enterprise data, initially focusing on security where fragmented data causes significant issues.

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Reporting from

Prevalent AI, a company specializing in AI-powered data fabric, raised $22 million in growth funding from Integrity Growth Partners. This investment will fund the company's expansion into the US market, scale its go-to-market strategies, and extend its platform beyond cybersecurity applications.