Deep Algorithm: AI-Powered Cybersecurity Startup Secures Funding

Deep Algorithm, an innovative startup in AI-powered cybersecurity, has successfully secured Rs 16 crore in a pre-Series A funding round spearheaded by Unicorn India Ventures. This funding round also included investments from SB Investment (UAE), Prakash Govindan, and Himanshu Singhal. The financial backing will enable the company to pursue expansion into global markets, fast-track product development, and enhance its platform with advanced identity and AI security features.

About Deep Algorithm

Founded in 2021, Deep Algorithm is dedicated to creating cybersecurity solutions that focus on identity risk management, fraud prevention, and threat detection tailored for enterprises. The firm offers remarkable products such as adapID-AI, which serves as a behavioural identity intelligence platform, and BotShield-AI, designed for zero-day threat prevention, DDoS mitigation, and robust application security.

Impressive Growth Metrics

The startup has reported a threefold increase in closing Annual Recurring Revenue (ARR) from FY25 to FY26, with expectations of a staggering 20-fold growth by FY27. Deep Algorithm caters to diverse sectors, notably BFSI, fintech, and enterprises, with clients that include Canara Bank, Karnataka Bank, DCB Bank, CSB, NCRTC, and BVH.