Company Overview
Prophet Security is a startup company that provides AI-powered security operations solutions. The company aims to transform how security teams operate by leveraging advances in large language models (LLMs) to automate data analysis and alert investigation in ways that actually work. Prophet Security’s mission is to radically improve security operations through AI automation.
The company is based in the United States and was founded in 2024. Prophet Security recently emerged from stealth mode and secured $11 million in seed funding led by Bain Capital Ventures.
Products Overview
Prophet Security offers an AI platform for security operations that assists analysts at every step of investigating alerts and responding to threats. Key capabilities of the product include:
- Synthesizing complex alerts from disparate tools into plain English
- Investigating alerts by gathering and analyzing relevant data
- Arriving at investigative determinations with clear explanations and evidence
- Prioritizing critical alerts that warrant human attention
- Providing suggested next steps for response
- Learning and adapting from analyst feedback
The platform aims to empower analysts to respond to alerts 10x faster, reduce manual tasks, and focus on high priority security issues. It integrates with existing security tools and workflows.
Founding Team
Prophet Security was founded by:
- Kamal Shah - CEO
- Vibhav Sreekanti - CTO
- Grant Oviatt - Head of Security Operations
The founding team has previous experience scaling companies like Oracle, Symantec, Red Hat, Mandiant, and Expel.
Problem and Market Fit
Prophet Security aims to solve several key challenges faced by security operations teams:
- Alert fatigue from high volumes of security alerts
- Missed detections due to throttling alerts to match analyst capacity
- High costs and long times to investigate individual alerts (15 min - 2 hours per alert)
- Low analyst morale from manual, repetitive tasks
- Difficulties implementing and maintaining SOAR automation
The company sees an opportunity to leverage advances in LLMs and AI to radically transform and improve how security teams operate, addressing these pain points.
Business Model
While not explicitly stated, Prophet Security likely uses a SaaS (Software-as-a-Service) model, providing its AI platform for security operations as a subscription service to enterprise customers.
Funding and Runway
Prophet Security recently secured $11 million in seed funding led by Bain Capital Ventures. No information is provided about the company’s runway.
Competitive Landscape
The company does not provide details on specific competitors. However, they are likely competing with other security operations platforms, SOAR (Security Orchestration, Automation and Response) tools, and emerging AI-powered security solutions.
Customers
No specific customers are mentioned. The product appears to be targeted at enterprise security operations teams.
Relevant News
- April 23, 2024: Prophet Security emerges from stealth with $11 million in seed funding led by Bain Capital Ventures.
- The company announces its AI platform for security operations that aims to empower analysts to respond to alerts 10x faster.
Prophet Security is positioning itself as a pioneering force in applying AI, specifically large language models, to transform security operations. With its recent funding and launch, the company is poised to make a significant impact in the cybersecurity industry. However, as an early-stage startup, it will need to prove its technology and value proposition in real-world enterprise environments.
Classification: AI Tier 2
- Core AI: Create fundamental AI technologies/base models
- AI-Enabled: Core offerings rely on recent AI advances
- AI Adopters: Use AI to enhance existing products/services
- Non-AI: No AI in products/services
Prophet Security’s platform for security operations relies heavily on recent advances in AI, particularly large language models, making it a Tier 2 AI-enabled company.
