AvalonX Raises $10M in Funding

AvalonX, an AI-powered cybersecurity startup based in Alpharetta, Georgia, has emerged from stealth with $10 million in funding. The company provides continuous, AI-driven penetration testing specifically designed for small and midsize businesses.

Investors

Ridown Capital, the investment firm founded by Onecom partners Aaron Brown and Darren Ridge, provided the $10 million in funding.

AvalonX Use of Funds

AvalonX plans to use the capital to support the growth and adoption of its Artemis platform, which delivers continuous security testing to smaller organizations that typically lack enterprise-level cybersecurity resources.

About AvalonX

AvalonX was founded in 2025 by cybersecurity veterans Craig Goodwin, Ricardo Valdes, and Ben O'Nion. The company develops AI-driven cybersecurity solutions designed to help businesses identify and address security vulnerabilities. Their flagship product, the Artemis platform, utilizes proprietary AI trained on offensive security data to simulate cyberattacks and identify vulnerabilities, supplemented by human verification.

Funding Details

Company: AvalonX
Raised: $10M
Funding Date: October 30, 2026
Additional Investors: Ridown Capital
Company Website: https://avalonx.ai/
Software Category: Cybersecurity
Source: https://www.prnewswire.com/news-releases/ai-startup-avalonx-emerges-from-stealth-with-10-million-in-funding-from-ridown-capital-302924944.html