Magnitude Raises $10M Seed
Magnitude raises $10M in seed funding led by Ballistic Ventures to launch an autonomous AI workforce for third-party risk management.
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.
Investors
The funding round was led by Ballistic Ventures, a venture firm focused on cybersecurity.
Magnitude Use of Funds
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.
About Magnitude
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
Source: https://theaiinsider.tech/2026/06/24/magnitude-launches-from-stealth-with-10m-seed-funding-and-introduces-the-first-autonomous-ai-workforce-to-enable-third-party-risk-management-teams-in-the-mythos-era/
