SplxAI Lands $2 Million to Transform AI Chatbot Security—Here’s Why It Matters

As the world accelerates into the age of artificial intelligence, ensuring the security of AI systems has become an urgent priority. With AI chatbots and conversational applications becoming integral to business operations, protecting these systems from evolving threats is more critical than ever. 

SplxAI was established in 2023 with the goal of enhancing the security of AI chatbot applications by utilising a state-of-the-art platform that can identify and address vulnerabilities. Their approach focusses on automating complex attack scenarios that pose serious threats to AI systems, such off-topic chats, quick injections, and hallucinations.

In a major boost to its mission, SplxAI has raised $2 million in pre-seed funding. This significant investment was led by Inovo.vc, with additional contributions from Runtime Ventures, South Central Ventures, and several angel investors. The funds will be pivotal in accelerating the company’s product development, expanding their team, and scaling their operations, particularly within the US market.

What sets SplxAI apart is not just their innovative technology but also their recent achievement in becoming SOC2 Type I compliant. This compliance is more than a badge of honor; it signifies that SplxAI adheres to stringent security standards, ensuring the highest level of data protection for its clients. SOC2 compliance validates that their processes and controls are robust and aligned with the Trust Services Criteria set by the AICPA, reinforcing their commitment to maintaining operational security and managing risks effectively.

In a strategic move to enhance their offerings, SplxAI has announced a game-changing collaboration with Hackrate. This partnership merges Hackrate’s ethical hacker community with SplxAI’s advanced AI security platform, creating a powerful combination of ethical hacking and automated pentesting. The collaboration promises faster assessments, deeper insights, and more effective protection for AI systems, all while reducing costs.

As the market for generative AI is projected to soar to $40 billion by 2030, SplxAI is positioning itself at the forefront of AI security. Their platform aims to provide a comprehensive, end-to-end solution for offensive AI security, allowing enterprises to adopt and utilize generative AI with confidence. By automating threat detection and monitoring in real time, SplxAI ensures that organizations stay ahead of potential threats, rather than merely reacting to them.

“We’re witnessing a significant shift in AI security,” said Kristian Kamber, CEO of SplxAI. “Organizations must embrace proactive strategies to safeguard their AI assets. Traditional pentesting methods are struggling to keep pace with rapid AI advancements. Our automated, continuous pentesting solution is designed to tackle these challenges head-on.”

As SplxAI gears up for the next phase of its growth, this infusion of capital will accelerate its efforts to deliver robust security solutions that keep pace with the rapid evolution of AI technology.