Prevalent AI Scores $22M After Nine Bootstrapped Years

Cybersecurity data company Prevalent AI has raised $22 million in its first outside funding since founding nine years ago. The company builds a sovereign knowledge graph that connects hundreds of enterprise systems, letting security teams identify unmonitored assets, controls and identities across their entire estate. Prevaient AI has been profitable since its first customer and doubled annual recurring revenue in the past 12 months. The funding from Integrity Growth Partners will support a formal global sales organization, expanded U.S. presence and plans to extend the platform into financial crime, compliance and operational risk.