Pi, an artificial intelligence cybersecurity startup founded by former security leaders from Microsoft and Tesla, said Tuesday it has raised $35 million in funding to expand a platform designed to automate software security and vulnerability remediation.
The funding round was led by Brightmind Partners and Third Point Ventures, with participation from CrowdStrike CEO George Kurtz and Armis co-founders Yevgeny Dibrov and Nadir Izrael.
Pi said its platform uses agentic AI to help organizations identify and fix software vulnerabilities from design through deployment. The company said some of its customers include a leading AI laboratory, cybersecurity firms, a major social network and companies in the travel and insurance sectors, though it did not identify them.
The company was founded by executives who previously conducted offensive security work at Tesla and discovered vulnerabilities while working at Microsoft.
As artificial intelligence accelerates software development, Pi argues that security teams have struggled to keep pace. The company said traditional vulnerability detection has become easier, but remediation remains difficult because fixes must withstand attacks, preserve system functionality and address similar weaknesses elsewhere in a company's infrastructure.
Pi describes its technology as a "security brain" that combines institutional knowledge about a company's software, infrastructure and past incidents to distinguish real vulnerabilities from false alarms and automate repairs.
According to the company, customers have reduced vulnerability triage times by as much as 80%, recovering engineering time previously spent addressing recurring bugs.
"Quick remediation is a global security problem in urgent need of a solution," Pi co-founder and CEO Guy Arazi said in a statement. "If even the most powerful, best-resourced organizations on earth keep chasing the same recurring vulnerabilities across their code and infrastructure, the problem has no real solution today."
Arazi said advances in AI models have made it possible to identify vulnerabilities at a scale beyond human teams, but organizations still need tools that can remediate those flaws at the same speed.
Stephen Ward, co-founder and general partner at Brightmind Partners, said Pi addresses what he described as a long-neglected gap between finding and fixing vulnerabilities.
Third Point Ventures partner Sapir Harosh said the company's approach differs from traditional security tools by creating an AI system that understands the broader software development environment and can autonomously deploy fixes.
Pi plans to use the new funding to further develop its platform as companies increasingly adopt AI-assisted coding.