Nullify raised $12.5 million in new seed funding to develop the first-ever AI workforce for product security.
Including the latest funds round, Nullify has raised $16.9 million in funding to date, according to the latest funding data compiled by Startup Funding News.
SYN Ventures led the latest investment with participation from existing investor Black Nova Venture Capital. As part of the investment, SYN Ventures Operating Partner Glenn Chisholm joins Nullify’s Board of Directors.
Nullify secures funding at the time enterprises are facing mounting pressure from increasingly sophisticated AI-enabled attackers and a chronic shortage of security talent.
Founded in 2022, Nullify is the creator of the world’s first AI workforce for product security. Mid-market enterprises and high-growth SaaS companies worldwide trust Nullify AI employees to autonomously triage findings, validate exploits, score business risk, and ship merge-ready fixes to the right developers.
Across dozens of customers, Nullify AI employees have saved over 48,000 hours of manual work, auto-resolved over 450 vulnerabilities, and achieved a nearly 90 percent average merge-ready rate for vulnerability fix pull requests.
Nullify plans to use the new capital to its scale go-to-market operations and accelerate global growth.