AI-powered cybersecurity startup Deep Algorithm has raised Rs 16 crore in a pre-Series A funding round, as it looks to scale its global presence and strengthen its product capabilities.
The round was led by Unicorn India Ventures, with participation from SB Investment, Prakash Govindan, and Himanshu Singhal.
The company plans to use the funds to expand into international markets, accelerate product development, and enhance its platform with advanced identity and AI security features.
Founded in 2021, Deep Algorithm focuses on building cybersecurity solutions for enterprises, with offerings centered on identity risk management, fraud prevention, and threat detection.
Its key products include adapID-AI, a behavioural identity intelligence platform, and BotShield-AI, which provides zero-day threat prevention, DDoS mitigation, and runtime application security.
The startup reported a 3x increase in closing ARR from FY25 to FY26 and expects this to grow 20x by FY27, reflecting strong demand for AI-led security solutions.
Deep Algorithm serves clients across BFSI, fintech, and enterprise sectors, including Canara Bank, Karnataka Bank, DCB Bank, CSB Bank, National Capital Region Transport Corporation, and BVH.
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