Cybersecurity provider Guardio announced an $80 million institutional funding round today. ION Crossover Partners led the round.
This fresh capital fuels Guardio’s expansion into defending against threats created using burgeoning AI tools. The company directly addresses the security gaps introduced by rapid innovation in generative technology.
Guardio’s core competency involves scanning websites and applications for malicious content, a skill set now being aggressively pivoted toward AI artifacts. Malicious actors are leveraging easy access to these tools to scale phishing and scam infrastructure rapidly.
CTO Michael Vainshtein noted the industry race for innovation often leaves security as a secondary concern. Few AI platforms currently prioritize securing their generated content for ethical use, creating an immediate market need.
The company already solidified a strategic partnership with Lovable to vet all sites built on that platform for existing security vulnerabilities. This deal followed reports highlighting significant holes in some Lovable-hosted websites.
Guardio, founded in 2018, also confirmed its valuation has tripled since its 2021 $47 million raise, though leadership stresses they have not yet reached unicorn status. The firm currently boasts half a million paying subscribers.
Furthermore, Guardio claims to have achieved $100 million in annual recurring revenue this year, demonstrating strong consumer traction. Their product has evolved from a simple browser extension to a comprehensive security and identity management suite.
New visibility features are rolling out soon, mirroring enterprise Data Loss Prevention capabilities for consumers. Guardio aims to give individual users the same insight into their data exposure that large corporations possess.
