BforeAI, a cyber company specialising in predictive attack intelligence and digital risk protection, has raised $10m in a Series B funding round.
The round was led by Titanium Ventures, with participation from existing investors SYN Ventures, Karista, and Addendum Capital. This latest funding brings BforeAI’s total investment to over $30m.
The company’s innovative PreCrime platform leverages behavioural predictive intelligence to preempt cyberattacks by an average of 18 days, boasting a false positive rate of just 0.05%. It monitors 98% of the internet to identify threats before they materialise, enabling organisations to safeguard their data, IT/OT networks, digital assets, and reputation.
BforeAI also offers a breach protection pledge, the PreCrime Guarantee, which reimburses customers up to 10 times the value of their service contract in case of a failure by its predictive solution.
The fresh capital will support BforeAI’s expansion into the utilities, pharmaceutical, and healthcare sectors. The company also plans to enhance its PreCrime™ platform, scale its sales resources, and strengthen partnerships to further its reach.
“This investment round will enable us to continue our important work to predict and stop new types of attacks before businesses and their customers are harmed,” said BforeAI CEO and Founder Luigi Lenguito. He added that the collaboration with Titanium Ventures will accelerate growth into new industry sectors and increase the scalability of BforeAI’s solutions.
Titanium Ventures General Partner Marcus Bartram praised BforeAI’s unique approach, stating, “BforeAI offers a unique solution in a crowded cybersecurity market, being able to predict, disrupt, and stop a cybersecurity event before it happens.”
In the past year, BforeAI has launched key initiatives such as the PreCrime Guarantee and was recognised in the 2024 Gartner® Cool Vendors™ for Artificial Intelligence in Banking and Investment Services. These accolades highlight the company’s leadership in predictive security solutions and its impact on industries like financial services and critical infrastructure.
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