Magarac Venture Partners
Facts
- HQ
- Pittsburgh, PA
- Sectors
- Venture Capital, Investment, Financial Services
- Founders
- Mike Stubler, Jay Katarincic, Zach Malone, Will Allen
Gray Swan Raises $40M Series A to Expand AI Security Tools After Being Cited by Anthropic, OpenAI, and Meta
Gray Swan, a Pittsburgh-based AI security startup and CMU spinout, raised $40 million in a Series A funding round to expand its team and accelerate go-to-market efforts. The company builds tools to safety-test AI models, serving over 20 customers including frontier labs and global enterprises, and has been cited by Anthropic, OpenAI, and Meta.
Madrona and Wing Lead $40M Series A in Gray Swan to Secure Agentic AI, Investors Include Snowflake Ventures and Samsung Next
Madrona co-led a $40 million Series A in Gray Swan, a startup founded by Carnegie Mellon researchers Zico Kolter and Matt Fredrikson to build security and safety infrastructure for agentic AI in the enterprise. Gray Swan aims to create frameworks for agent identity, runtime protection, and adversarial testing to unlock wide enterprise deployment of AI agents.