What is Concentric AI?
Concentric AI operates at the intersection of artificial intelligence and cybersecurity, providing a sophisticated SaaS-based platform for data security posture management and access governance. The company utilizes advanced deep learning models to automatically discover, classify, and monitor sensitive information across diverse digital environments. By identifying potential vulnerabilities and unauthorized access patterns, the platform enables organizations to proactively manage their data risk profile without the manual overhead typically associated with traditional compliance and security tools. This automated approach is essential for enterprises operating in highly regulated industries where data integrity and privacy are paramount.
How much funding has Concentric AI raised?
Concentric AI has raised a total of $67M across 3 funding rounds:
Unspecified
$7.5M
Series A
$14.5M
Series B
$45M
Unspecified (2020): $7.5M with participation from Clear Ventures, Homebrew, Core Ventures, and Engineering Capital
Series A (2022): $14.5M led by Engineering Capital, Clear Ventures, City Ventures, Core Ventures Group, and Ballistic Ventures
Series B (2024): $45M supported by Citi, Top Tier Capital Partners, HarbourVest, and CyberFuture
Key Investors in Concentric AI
Citi
Citibank NA is a financial services multinational corporation offering comprehensive banking services and financial loans with a history dating back to 1812.
Top Tier Capital Partners
An investment manager specializing in venture capital, focusing on primary commitments to venture funds and direct investments in high-growth technology companies.
HarbourVest
A global private markets investment firm providing solutions through fund investing, secondary markets, and direct co-investments.
What's next for Concentric AI?
With the successful completion of this major enterprise-level funding, Concentric AI is well-positioned to scale its operations and expand its market reach. The strategic roadmap likely includes enhancing its core deep learning capabilities to address emerging data privacy regulations and increasing its footprint in international markets. By focusing on product-market fit and deepening its integration with existing enterprise security ecosystems, the company aims to solidify its status as an indispensable partner for CISOs and data protection officers worldwide. The continued support from institutional investors signals strong confidence in the company's long-term vision and its ability to define the future of autonomous data governance.
See full Concentric AI company page
