FundedIQ
Artificial Intelligence

Gray Swan: Funding, Investors & Team (Sep 2026)

Gray Swan AI is an AI security company that develops tools for evaluating and protecting large language model deployments. Its platform focuses on identifying vulnerabilities such as jailbreaks, prompt injections, harmful outputs, and other adversarial attacks that can affect AI systems in production. The company offers products including Shade, an automated red-teaming and vulnerability assessment tool, and Cygnal, a runtime protection layer that monitors and filters AI interactions in real time. Gray Swan’s technology is designed to work with multiple AI providers and is used to test the security and reliability of AI applications, agents, and workflows. The company also operates adversarial testing programs and collaborates with AI researchers and enterprises to study emerging threats and improve AI safety practices.

www.grayswan.ai LinkedIn Pittsburgh, United States 51-100 employees
Artificial Intelligence (AI) Cyber Security Developer Tools B2B
Total raised
$40.0M
Rounds
1
Latest
Series A
May 2026

Gray Swan has raised $40.0M across 1 funding round on record, the most recent a Series A of $40.0M announced in May 2026.

That round is above the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Gray Swan Company Profile and Key Stats

Total funding raised
$40.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$40.0M in May 2026
Employees
51-100
reported band
Headquarters
Pittsburgh, United States

Latest funding round on record: May 2026.

Gray Swan Funding Rounds

Date
Round
Amount
Series A
$40.0M

Gray Swan Founders and Leadership Team

Name
Role
Contact
Matt Fredrikson
Founder
Locked

Contact details for the Gray Swan team: 1 of 1 has an email address on file, 1 has a LinkedIn profile.

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Gray Swan Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round
29,722
$7.5M
8,352
$15M

Gray Swan's latest round of $40.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Gray Swan Funding FAQs

What does Gray Swan do?

Gray Swan AI is an AI security company that develops tools for evaluating and protecting large language model deployments. Its platform focuses on identifying vulnerabilities such as jailbreaks, prompt injections, harmful outputs, and other adversarial attacks that can affect AI systems in production. The company offers products including Shade, an automated red-teaming and vulnerability assessment tool, and Cygnal, a runtime protection layer that monitors and filters AI interactions in real time. Gray Swan’s technology is designed to work with multiple AI providers and is used to test the security and reliability of AI applications, agents, and workflows. The company also operates adversarial testing programs and collaborates with AI researchers and enterprises to study emerging threats and improve AI safety practices.

How much funding has Gray Swan raised?

Gray Swan has raised $40.0M across 1 round on record. The most recent is a Series A of $40.0M announced in May 2026.

When did Gray Swan last raise funding?

Gray Swan's most recent funding round on record is a Series A of $40.0M, announced in May 2026.

Who founded Gray Swan?

FundedIQ lists Matt Fredrikson (Founder) at Gray Swan.

Where is Gray Swan headquartered?

Gray Swan is based in Pittsburgh, Pennsylvania, United States.

How many employees does Gray Swan have?

Gray Swan is in the 51-100 employee band.

How does Gray Swan's funding compare to other Artificial Intelligence startups?

Gray Swan's latest round of $40.0M is above the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.

About FundedIQ's Gray Swan Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Gray Swan is left off this page rather than filled in.

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