Magnitude Raises $10M Seed
Magnitude, based in San Francisco, has emerged from stealth with $10M in seed funding to launch its autonomous AI workforce for third-party risk management. The company provides a platform that deploys AI risk agents to continuously assess vendor risk and govern AI agents across third- and Nth-party ecosystems.
The funding round was led by Ballistic Ventures, a venture firm focused on cybersecurity.
The company plans to use the capital to scale its platform and continue the development of its autonomous governance and defense system for managing third-party risk.
Led by CEO Rami Habal, Magnitude offers the first autonomous AI workforce designed to protect enterprises from security threats across their supply chain. The product replaces static point-in-time risk reviews with a continuous, AI-driven governance system.
Funding Details
Company Website: https://magnitude.ai
Company: Magnitude
Raised: $10M
Round: Seed
Funding Date: June 24, 2026
Lead Investor: Ballistic Ventures
Company Website: https://magnitude.ai
Software Category: Cybersecurity