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Mindgard

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Automated security testing and red teaming for AI systems

London, United KingdomFounded 2022Cybersecurity
Valuation $100–250M Last recorded · 2026
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Mindgard

Mindgard is a Lancaster University spinout cybersecurity company founded in 2022 by Dr Peter Garraghan and Steve Street that specialises in offensive security and threat assessment for artificial intelligence. Its model-agnostic platform delivers dynamic application security testing and automated red teaming across generative AI, large language models, NLP, image and audio systems, integrating with CI/CD and MLOps pipelines to surface risks such as prompt injection, jailbreaks, data leakage, model extraction and evasion. Mindgard serves financial services, healthcare, manufacturing and cybersecurity customers with a continuously updated library of AI attack scenarios grounded in more than a decade of academic research. In August 2026 Mindgard raised a $30 million (£22.2 million) Series A led by Album VC with Karma Ventures and existing investors .406 Ventures, Atlantic Bridge, IQ Capital and Lakestar to scale the AI security platform internationally. Sources: UKTN 13 Aug 2026; SecurityWeek.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
London, United Kingdom
Employees
35
Open positions
None listed
Dealroom signal
92.2/100
Industry
Security
Sub-industry
Data protection
Sector
Core AI, Spinout, Cybersecurity, AI Security, Dual-Use Tech, AI Applications, NIF defense security and resilience, NIF AI
Technology
Artificial Intelligence, Deep Tech
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2026 $30M $120M Atlantic Bridge · IQ Capital · .406 Ventures · Lakestar ↗
EARLY VC✓Equity / VC Dec 2024 $8M $32M Lakestar · .406 Ventures · Atlantic Bridge · Willowtree Investments ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

Mindgard website traffic

Latest recorded traffic for Mindgard is 140K monthly website visits, up 259% over the last three months. Mindgard's team grew 40% over the past year.

Latest monthly visits140K 3-month web change+259% 1-year team growth+40%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A5 investors entered at this stage

  • .406 Ventures
  • Atlantic Bridge
  • Willowtree Investments
  • Album VC
  • Karma Ventures

Other known investors2 additional known investors

  • Lancaster University
  • Nvidia Inception
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States46.4%
🇬🇧 United Kingdom46.4%
🇳🇿 New Zealand3.6%
🇵🇱 Poland3.6%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mindgard on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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