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Gray Swan raises $40M in Series A funding, co-led by Wing Venture Capital and Madrona, to enhance its AI security platform and accelerate market operations.

PRIVATEMay 28, 2026•7 days ago

Amount Raised

$40 Million

Round Type

series a

Pittsburgh

Investors

Magarac Venture PartnersSamsung NextHudson River TradingSnowflake VenturesObvious VenturesMadronaWing Venture Capital

Description

Gray Swan, the AI security company born out of Carnegie Mellon University's pioneering AI safety research team, today announced a $40 million Series A round. The funding will accelerate Gray Swan's go-to-market operations and deepen partnerships with frontier AI labs. Co-led by Wing Venture Capital and Madrona, it also saw participation from several other investors. Gray Swan aims to empower the world to use AI safely and securely.

Company Information

Company

Gray Swan

Location

Pittsburgh, Pennsylvania, United States

About

Gray Swan is the AI security platform for enterprises building the next generation of intelligent systems. The company focuses on helping enterprises and frontier labs assess and secure their AI models against unintended behaviors. With pioneering research roots from Carnegie Mellon University, Gray Swan aims to empower the world to use AI safely and securely. It has partnered with technological platforms to integrate security capabilities directly into AI ecosystems.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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