Overview
Deep Algorithm, an AI-powered cybersecurity specialist, has successfully raised Rs 16 crore in a pre-Series A funding round. The company focuses on addressing critical enterprise challenges including identity risk management, fraud prevention, and real-time threat detection.
Deal Terms and Investors
The funding round was led by Unicorn India Ventures, with additional participation from SB Investment (UAE) and angel investors Prakash Govindan and Himanshu Singhal.
Product Suite and Traction
The startup’s core technology stack includes:
- adapID-AI: A behavioral identity intelligence platform.
- BotShield-AI: A security solution providing zero-day threat prevention, DDoS mitigation, and runtime application security.
The company reports significant momentum, having achieved a 3x growth in ARR from FY25 to FY26, with an ambitious projection to scale revenue 20x by FY27.
Strategic Market Focus
Deep Algorithm has already secured enterprise adoption within the BFSI and fintech sectors, counting Canara Bank, Karnataka Bank, and DCB Bank among its key clients. The fresh capital is earmarked for international market expansion and further development of its identity and AI-driven security features.