Protect AI - About the company
Protect AI is an acquired company based in Seattle (United States), founded in 2022 by Ian Swanson, Daryan Dehghanpisheh, Badar Ahmed and Badar Ahmed. It operates as a Provider of AI-based ML security solutions. Protect AI has raised $129M in funding from investors like Evolution Equity Partners, Boldstart Ventures and Acrew Capital, with last known valuation of $*****. The company has 268 active competitors, including 56 funded and 10 that have exited. Its top competitors include companies like Darktrace, Enkrypt AI and SSI.
Company Details
Provider of AI-based ML security solutions. It offers enterprises to safeguard the machine learning models with a security platform. It offers turnkey AI and ML security that does not add unnecessary complexity to models and does not require access to raw data and algorithms.
- Website
- protectai.com
- Social
- Email ID
- *****@protectai.com
Key Metrics
Founded Year
2022
Location
Seattle, United States
Stage
Acquired
Total Funding
$129M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 31, 2024
Investors
Ranked
3rd among 268 active competitors
Employee Count
32 as on Mar 31, 2026
Exit Details
Acquired by Palo Alto Networks (Apr 28, 2025)
Legal entities associated with Protect AI
Protect AI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PROTECT AI, INC. CIN: 6557941 , United States, Active | Jan 21, 2022 | - | - | - |
Protect AI's acquisition details
Protect AI got acquired by Palo Alto Networks on Apr 28, 2025 at an acquisition amount of $*****.
Click here to take a look at Protect AI's acquisition in detail
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Protect AI's funding and investors
Protect AI has raised a total funding of $129M over 3 rounds. Its first funding round was on Dec 15, 2022. Its latest funding round was a Series B round on Jul 31, 2024 for $*****. 8 investors participated in its latest round. Protect AI has 11 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Protect AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 31, 2024 | 7278372 | Series B | 3841573 | 1434045 | 2339799 | 7718191 |
Jul 26, 2023 | 3408176 | Series A | 3213736 | 3637198 | 8580168 | |
Dec 15, 2022 | 5996587 | Seed | 4268162 | 8338340 |
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Protect AI's founders and board of directors
Founder? Claim ProfileThe founders of Protect AI are Ian Swanson, Daryan Dehghanpisheh, Badar Ahmed and Badar Ahmed. Ian Swanson is the CEO of Protect AI.
Here are the details of Protect AI's key team members:
- Ian Swanson: Co-Founder & CEO of Protect AI and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Daryan Dehghanpisheh: Co-Founder of Protect AI. They serve on the board of 1 company.Contact Info: 1 email address
- Badar Ahmed: Co-Founder & CTO of Protect AI. They serve on the board of 1 company.Contact Info: 1 email address
- Badar Ahmed: CTO and Founder of Protect AI.
Protect AI's Board of Directors
Protect AI's board has 5 active members. Richard Seewald, Ian Swanson, Daryan Dehghanpisheh, Badar Ahmed and Mark Kraynak are independent board members.Here is the list of Protect AI's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 9m | |
vcwqhsh | Independent board member | - | Current | 4y 4m |
vmydnky | Independent board member | - | Current | 6y 2m |
tpmyedo | Independent board member | - | Current | 8y 5m |
plt{utr | Independent board member | - | Current | 6y 6m |
View details of Protect AI's Founder profiles and Board Members
Protect AI's employee count trend
Protect AI has 32 employees as of Mar 26. Here is Protect AI's employee count trend over the years:
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Protect AI's Competitors and alternates
Top competitors of Protect AI include Darktrace, Enkrypt AI and SSI. Here is the list of Top 10 competitors of Protect AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Darktrace 2013, Cambridge (United Kingdom), Acquired | Developer of artificial intelligence software for enterprise cybersecurity threat detection | $239M | 72/100 | |
2nd | Enkrypt AI 2022, Brighton (United States), Seed | Provider of a platform for AI security and compliance solutions | $2.35M | 69/100 | |
3rd |  Protect AI 2022, Seattle (United States), Acquired | Provider of AI-based ML security solutions | $129M | 67/100 | |
4th | SSI 2024, Palo Alto (United States), Series A | Platform offering security solutions for AI models | $3B | 64/100 | |
5th | Prophet Security 2023, Atherton (United States), Series A | Provider of an AI SOC platform with agentic AI analyst | $41M | 63/100 | |
6th | Platform for security in the context of general artificial intelligence | $28M | 62/100 | ||
7th |  Aurascape 2024, Santa Clara (United States), Series A | Provider of an AI-native security layer for enterprise AI application usage | $62.8M | 62/100 | |
8th | Virtue AI 2014, San Francisco (United States), Series A | Provider of AI security and compliance platform | $30M | 61/100 | |
9th |  Protecto 2021, San Jose (United States), Seed | Provider of AI data security and privacy guardrail solutions | $5M | 60/100 | |
10th | Lakera 2021, Zurich (Switzerland), Acquired | Developer of AI and SaaS-based observability platform for computer vision developers | $30M | 60/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Protect AI's competitors? Click here to see the top ones
Protect AI's Investments and acquisitions
Protect AI has acquired 2 companies including SydeLabs and Laiyer AI. Protect AI has not made any investments as of now.Reports related to Protect AI
Here is the latest report on Protect AI's sector:
News related to Protect AI
Filter this listMedia has covered Protect AI for a total of 7 events in the last 1 year, 2 of them have been about people movement and 1 about company updates.
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Protectt.ai Appoints Nitin Talwar as Head of Global Delivery & Solution EngineeringThe Tribune•Dec 16, 2025•Protect AI
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Protectt.ai launches new AI-driven mobile app security and fraud control platformExpress Computer•Nov 25, 2025•Protect AI
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Noma Security Appoints Ralph Pisani as Chief Revenue OfficerCIO Influence•Aug 19, 2025•NOMA, Protect AI
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Palo Alto Networks Completes Acquisition of Protect AIintelligence360•Aug 06, 2025•Protect AI, Palo Alto Networks
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Protectt.ai, i-exceed Partner to Secure Global Mobile Banking AppsCyberMedia India Online•Jun 10, 2025•Protect AI, i-exceed
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Palo Alto Networks enters definitive agreement to acquire Protect AIBusiness Line•Apr 29, 2025•Palo Alto Networks, Protect AI
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Palo Alto Networks to Acquire Protect AI to Bolster AI SecurityGovCon Wire•Apr 29, 2025•Palo Alto Networks, Protect AI
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