AI-powered cybersecurity startup Deep Algorithm has raised Rs 16 crore in a pre-Series A funding round led by Unicorn India Ventures, with additional participation from SB Investment (UAE), Prakash Govindan, and Himanshu Singhal. The round was announced in April 2026.
Founded in 2021, Deep Algorithm develops cybersecurity products for enterprises, with a focus on identity risk management, fraud prevention, and threat detection. Its product portfolio includes adapID-AI, a behavioural identity intelligence platform, and BotShield-AI, which addresses zero-day threat prevention, DDoS mitigation, and runtime application security.
The company serves clients across the BFSI, fintech, and enterprise sectors, including Canara Bank, Karnataka Bank, DCB Bank, CSB, NCRTC, and BVH.
Deep Algorithm plans to deploy the fresh capital toward international market expansion, accelerated product development, and the addition of new identity and AI security features to its platform.
The startup reports a threefold increase in closing annual recurring revenue (ARR) between FY25 and FY26, and projects that figure to grow 20 times by FY27.
The funding round positions Deep Algorithm to scale its enterprise cybersecurity offerings beyond its current client base, with international expansion forming a central part of its stated growth strategy.
Source: Entrackr : Latest Posts