Fundz

Dropzone AI raises $16.85M in a Series A funding round led by Theory Ventures

PRIVATEApr 25, 2024

Amount Raised

$16.9 Million

Round Type

Series A

SeattleArtificial IntelligenceSecurityCyber SecurityMachine Learning

Investors

In Q TelIntegreonPostmanCartaPioneer Square VenturesDecibel PartnersTheory Ventures

Description

Dropzone AI, a developer of AI security analysts for security operations teams, has raised $16.85 million in Series A funding. Theory Ventures led the round, adding to their cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). The new capital injection will be used to continue scaling its go-to-market motion and its engineering team.

Quick answer

Dropzone AI raised $16.9 Million in a Series A round, dated April 25, 2024. Investors: In Q Tel, Integreon, Postman, Carta, Pioneer Square Ventures, Decibel Partners and Theory Ventures. Dropzone AI is based in Seattle, Washington, United States.

How much did Dropzone AI raise?
Dropzone AI raised $16.9 Million in a Series A round on April 25, 2024.
Who invested in Dropzone AI?
In Q Tel, Integreon, Postman, Carta, Pioneer Square Ventures, Decibel Partners and Theory Ventures are named as investors in this round.
What does Dropzone AI do?
Dropzone AI weaponizes LLMs for cyber defenders, equipping them with armies of AI agents so that they can overmatch attackers.
Where is Dropzone AI based and how big is it?
Dropzone AI is based in Seattle, Washington, United States. Fundz records about 33 employees.
Who are the decision-makers at Dropzone AI?
Fundz holds 3 contacts at Dropzone AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Dropzone AI that raised within 45 days of this round, from Fundz verified event records.

  • Bolster raised $14M (Funding Round) on May 22, 2024.
  • XTEND raised $40M (Series B) on May 8, 2024.
  • TrojAI raised $5.8M (Seed) on April 3, 2024.
  • TrojAI raised $2.5M (Seed) on March 25, 2024.
  • Mimic raised $27M (Seed) on May 2, 2024.
  • Prophet Security raised $11M (Seed) on April 23, 2024.

Who to call at Dropzone AI, and when

A new round usually means Dropzone AI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Dropzone AI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Dropzone AI, from your own LinkedIn network

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Company Information

Company

Dropzone AI

Location

Seattle, Washington, United States

About

Dropzone AI weaponizes LLMs for cyber defenders, equipping them with armies of AI agents so that they can overmatch attackers. With Dropzone autonomously handling routine Tier 1 alert triage, organizations can spend less time on reactive security and more time on proactive security. The Dropzone AI SOC Analyst replicates the techniques of elite analysts and is trusted by more than 100 organizations, including Mysten Labs, Pipe, UiPath, and Zapier.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Dropzone AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Dropzone AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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