GoKawiilPluto Security raises $42M to monitor employee AI tool usage
Pluto Security, which recently exited stealth, has raised $42 million across a $8.5 million seed round led by TLV Partners and a $34 million Series A led by Jump Capital. CEO Shahar Bahat says the company has surpassed $2 million in annual recurring revenue since starting sales in April, signing more than 30 enterprise customers including Oscar Health, Workato, Sixt, and AlphaSense. The startup's tools give companies visibility and risk analysis into how employees use AI tools, including apps built by non-developers in finance, marketing, and legal departments.
GoKawiil's interpretation of the reporting above, not reported fact.
Bahat's claim that 60% of detected risks come from non-developer-built tools, particularly in finance, suggests enterprises face security blind spots beyond traditional IT and engineering oversight. The rapid influx of investor funding into this space indicates growing belief among venture backers that conventional security software cannot adequately address risks created by employees independently adopting or building AI tools. Pluto's example of an exposed customer-data app built by a finance worker illustrates the kind of shadow-IT risk driving this market.
- Pluto Security has raised $42 million total, including an $8.5M seed and $34M Series A.
- The company says 60% of risks it detects stem from AI tools built by non-developers, led by finance teams.
- Pluto has over 30 enterprise customers and more than $2 million in annual recurring revenue since launching sales in April.
Source: techcrunch.com — Ram Iyer, 2026-10-13
Published there as: “Pluto Security raises $42M as AI gives enterprise security teams a new headache”
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