Deep Algorithm, an AI-powered cybersecurity startup, has raised Rs 16 crore in a pre-Series A funding round led by Unicorn India Ventures.
The round also saw participation from SB Investment (UAE), Prakash Govindan, and Himanshu Singhal.
The proceeds will be used to expand into international markets, accelerate product development, and strengthen its platform with new identity and AI security features.
Founded in 2021, Deep Algorithm builds cybersecurity products focused on identity risk management, fraud prevention, and threat detection for enterprises.
Its products include adapID-AI, a behavioural identity intelligence platform, and BotShield-AI, a solution for zero-day threat prevention, DDoS mitigation, and runtime application security.
The startup claims to have recorded a threefold rise in closing ARR from FY25 to FY26 and expects this to grow 20 times by FY27.
Deep Algorithm serves clients across BFSI, fintech, and enterprise sectors, including Canara Bank, Karnataka Bank, DCB Bank, CSB, NCRTC, and BVH.