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P0 Raises $6.5 million in a speed of light with Lightspeed Venture Partners

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AI based Security startup P0 has secured $6.5 Mn as a part of its seed funding round from Silicon Valley-based investor Lightspeed Venture Partners. The startup was founded by Kunal Agarwal, and Prakash Sanker, which solely focuses on eliminating data exploits by securing APIs. The startup appeared on the business map by offering security and protecting any website from crashing down, leading to potential security breaches and loss of customer trust.

The startup uses LLMs to identify safety and security issues in software before it is run in a production environment, and it does not need user configuration. Software issues it addresses include data integrity, validation failures, speed and timeouts. Developers use it by connecting their Git code repositories to p0.In an interview with Tech Crunch, the founder Sanker said, “fundamentally change the manner in which code quality assurance is done.”

This AI backed platform helps its customers to check on data security. p0’s founders say it is able to be part of the development process without slowing it down because it revolves around LLMs. Founder Kunal Agarwal explained that, organizations and enterprises mostly do their security testing with a black box approach, which means external white hat hackers or security systems try to attack their systems without a deep knowledge of the system. The company uses LLMs to understand its customer’s codebases and create contextual challenges that have the potential to exploit vulnerabilities.

Prakash Sanker said that, the company has 50 customers in its pipeline that will be on boarded in 2024 and monetizes through a SaaS model. The founder duo wants to expand p0’s capability for finding different types of critical issues and supporting more languages. They also want to minimize the need for a customer-hosted staging environment and turn p0 into an end-to-end solution.