This startup raised $20 million to keep AI agents in line with more AI agents. Read the pitch deck.
WhiteMatter says more AI agents are the key to controlling AI agents. Read the pitch deck the startup used to raised $20 million to back its vision.
WhiteMatter, an AI startup founded in 2024 and formerly known as QuilrAI, has successfully raised $20 million in its Series A funding round to bolster its efforts to regulate rogue AI agents. The startup's primary focus is to ensure that a company's AI agents behave as intended by deploying "guardian agents" for each AI agent in an enterprise. These guardian agents monitor the actions, decisions, and outcomes of the original agents, ensuring compliance with pre-set rules.
WhiteMatter's unique approach addresses the growing concern over agent-powered security incidents, which have become increasingly prevalent as enterprises grant more non-technical employees access to AI agents capable of completing tasks. The company's guardian agents do not operate on customers' tokens but instead rely on WhiteMatter's self-hosted AI model and GPUs. Instead of charging customers based on tokens, the company opts for a flat rate based on the number of agents under management, referred to as AUM.
Current customers include Fortune 200 and Fortune 500 companies, such as asset management firm Alter Domus, highlighting the company's potential to tackle security concerns across various industries. With 2.25 million agents under management and over 116 billion AI interactions governed, WhiteMatter's AI agents are already making a significant impact.
The company plans to use a substantial portion of the $20 million funding round to bolster its sales and go-to-market teams, with the goal of expanding its 80-person team by 50% within the next 12 months.
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