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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•2 months ago
Amount Raised
$40 Million
Round Type
Series A
PittsburghArtificial IntelligenceSecurityMachine LearningInvestors
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.
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Funding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
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