Cybersecurity Startup Using AI Agents Raises $14M: Feroot Pitch Deck

In the age of vibe coding, almost anyone can quickly spin up a basic app or website.

But that doesn’t mean your app is secure. Working with AI as your code assistant can lead to a product that’s pretty on the outside and riddled with risk on the backend.

If your code fails to comply with modern privacy laws and other regulations, such as the European Union’s GDPR rules, for example, it could lead to a lawsuit or a fine.

Enter Feroot, an AI startup that scans websites and apps to make sure their code is up to snuff with all the latest legal requirements. The Canada-based company just raised $14 million in a Series A round led by True Ventures, with participation from Y Combinator, Preface Ventures, and Industry Ventures.

“Having a noncompliant website is really expensive because of litigations, penalties, and enforcements,” Feroot’s CEO Ivan Tsarynny said. While large companies hire teams to audit every inch of their digital footprints, startups typically lack the same resources. Feroot’s AI agents can complete compliance reviews in seconds, Tsarynny said, which eliminates a key growing pain for young companies.

Feroot’s AI agents scan code to check for violations of over 50 different privacy laws and regulations related to consumer information, health data, and other personally identifying details. Ultimately, the humans at a company are responsible for signing off on compliance, but Feroot’s tools can help them spot issues more quickly.

Feroot’s work has grabbed the attention of legislators in Washington, DC, who cited the company’s research in their national security reviews of apps like TikTok and DeepSeek. In February 2024, Tsarynny testified on privacy risks before the US-China Economic and Security Review Commission.

Feroot, which has raised $25 million to date, went to investors for its Series A with a simple pitch: AI can save security chiefs and their teams “tens of thousands of hours of work,” Tsarynny said.

It’s not the only cybersecurity company utilizing AI to meet its clients’ demands. Other security startups include DataGrail and Reflectiz, another website security startup, which recently announced a $22 million Series B funding round.

Feroot has racked up a client list of media and tech companies, including Reddit, Forbes, and Xerox. With its fresh funding, Feroot is focused on hiring more engineering talent, opening additional offices, and expanding into markets such as the Middle East and Southeast Asia, Tsarynny said.

Read the pitch deck Feroot used to raise its $14 million Series A:

Note: Feroot redacted several slides from the pitch deck, as well as some details, so that the document could be shared publicly.