A seed funding round led by Kalaari Capital and Endiya Partners, with participation from Better Capital, Carya Venture Partners, and cybersecurity angels, has raised Rs 55 crore (6.2 million dollars) for the data security company MattersAI.

Key Highlights

• Matters.AI secures ₹55 crore seed funding led by Kalaari Capital and Endiya Partners.
• Funds will accelerate R&D, expand market presence in India and the US, and enhance compliance.

Better Capital and Carya Venture Partners had previously contributed Rs 13 crore to the Bengaluru-based startup's pre-seed funding round.

The funds will be utilized to boost engineering and customer success teams supporting regulated industries under the DPDP framework, Matters, increase go-to-market operations in India and the US, and speed up predictive detection research and development.AI stated in a news statement.

Matters.AI is an AI-native data security platform that thinks like an engineer and was co-founded in 2024 by Keshava Murthy and Harsh Sahu. It stops threats before they become incidents by combining DSPM, Insider Risk, DDR, Exfiltration Defense, and DLP into a single intelligent layer that comprehends what data means, who is interacting with it, and why. The platform's goal is to safeguard businesses in India and around the globe.

The AI Security Engineer, according to Matters.AI, is a self-learning system that recognizes the behavior of sensitive data, anticipates misuse before it occurs, and reacts on its own in cloud, SaaS, endpoint, and on-premises environments. To comprehend context and intent, it makes use of predictive models and semantic graphs.

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Matters.AI provides full stack visibility, including native integrations with Zoho, Snowflake, Salesforce, AWS, Azure, GCP, and Databricks; on-premises and SaaS deployments for hybrid enterprises; endpoint visibility and control through real-time data tracing; and data lineage and fingerprinting to track how and why data moves.

Palo Alto Networks, Orca Security, and Cyera are some of the other well-known competitors in this market.