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Recently Funded|Amount: USD 5.0M|Industry: Software Development

Promptfoo Secures $5M in Seed Funding to Revolutionize LLM Risk Management

Promptfoo

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2-10 employees employees (Est.)
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We are excited to announce that Promptfoo has successfully raised $5 million in its latest funding round, a significant milestone that underscores our commitment to revolutionizing the landscape of Large Language Model (LLM) security. Founded by industry veterans who have propelled AI solutions to over 100 million users, Promptfoo is dedicated to identifying and mitigating major risks associated with LLMs before they are deployed into critical production environments. Our cutting-edge automated red-teaming and testing methodologies empower organizations to safely harness the transformative power of AI while addressing security, legal, and compliance challenges. With the newly secured funding, we aim to enhance our capabilities, develop more robust solutions, and expand our user outreach within the developer community. Our open-source, developer-first approach has already garnered a loyal following, with over 20,000 users across major companies like Shopify, Amazon, and Anthropic. This investment will allow us to accelerate our product development, provide even more comprehensive support for our users, and solidify our position as the leading tool for LLM risk management. As AI continues to evolve and permeate various industries, Promptfoo remains dedicated to ensuring that organizations can innovate with confidence, knowing they are equipped with the best tools to navigate the complexities of AI safety. We look forward to leveraging this funding to further enhance our platform and continue our mission of making LLM technology safe and accessible for everyone. For more information about our groundbreaking work, visit us at [Promptfoo](https://www.promptfoo.dev).
July 24, 2024

Buying Signals & Intent

Our AI suggests Promptfoo may be interested in solutions related to:

  • Application Security
  • Vulnerability Scanning
  • AI Testing
  • Pentesting Services
  • Development Tools

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