BforeAI

About BforeAI

BforeAI operates in the predictive cybersecurity market, offering solutions designed to preemptively identify and neutralize cyber threats. The company was founded in 2019 in Montpellier, France, by Luigi Lenguito, Luciano Allegro, and Sebastian Cesario. It holds dual headquarters in New York and Montpellier. The inspiration for the firm's proactive security approach came to founder and CEO Luigi Lenguito from the movie 'Minority Report', leading to the development of its core 'PreCrime' technology.

Before founding BforeAI, Luigi Lenguito spent 18 years at Dell in various roles and started the 'Dell for Entrepreneurs' program in France. His background also includes a past career as a professional race car driver. The founding team, composed of Lenguito, Allegro, and Cesario, met at a research institute program aimed at marketing new technologies, which laid the groundwork for BforeAI.

The company's business model is based on a subscription service for its PreCrime™ platform. This platform functions by analyzing immense datasets and internet metadata to establish behavioral baselines and detect anomalies that signal a future attack. The technology monitors over 96% of the internet to predict malicious infrastructure weeks before attacks are launched. BforeAI serves clients across various sectors, including finance, manufacturing, retail, social media, and is expanding into utilities, pharmaceuticals, and healthcare.

BforeAI offers two main product lines: PreCrime™ Intelligence and PreCrime™ Brand. PreCrime™ Intelligence provides a data feed of predicted threats to augment a client's existing security stack. PreCrime™ Brand focuses on automated protection against brand impersonation by identifying and initiating takedowns of malicious domains and online impersonations before they can cause financial or reputational damage. The platform is noted for its ability to reduce false positives to below 0.05% and can disrupt attack infrastructure within minutes of a malicious prediction. A key feature is the PreCrime Guarantee, backed by Munich Re, which offers a performance guarantee of up to 10 times the contract value.

The company has secured significant funding to fuel its growth, including a $15 million Series A round in April 2024 and subsequent funding rounds that have brought its total investment to over $30 million. These investments are aimed at enhancing the PreCrime platform, expanding sales resources, and driving U.S. expansion.