Despite not having any customers yet, Nexusflow is reportedly in discussions with "many companies" about proof of concepts. To handle the increased interest, the startup plans to double its team from 10 to 20 full-time employees by the end of the year. However, the specifics of how Nexusflow's models integrate with security apps and services remain unclear, and the startup's approach may face challenges due to strict privacy and compliance requirements in some industries.
Key takeaways:
- Nexusflow, a startup using generative AI for cybersecurity, has raised $10.5 million in a seed round led by Point72 Ventures, Fusion Fund, and several AI luminaries in Silicon Valley.
- The funds will be used for hiring, R&D, and ongoing product development, with the company valued at $53 million post-money.
- Nexusflow synthesizes data from various security knowledge sources and uses open source large language models to allow users to control security software and get metrics and insights using natural language commands.
- While Nexusflow doesn't have customers yet, it is in discussions with many companies for proof of concepts and plans to double its team from 10 to 20 by the end of the year.