Empirical Security Secures $25M for AI-Driven Exploit Prediction Tools

Empirical Security, a Chicago-based startup, raised $25 million in Series A funding to enhance its predictive models for identifying vulnerabilities likely to be exploited by hackers. The funding round, led by Brightmind Partners, brings the company's total funding to $37 million. The firm offers two products: Foundation, which monitors over 18,000 CVEs globally, and Radiant, a tailored model for individual organizations. The founders, Ed Bellis and Michael Roytman, previously established Kenna Security, known for risk-based vulnerability management. The new models aim to address the growing backlog of vulnerabilities exacerbated by the rapid pace of AI-driven attacks. While the market for exposure management is competitive, Empirical's focus on organization-specific predictions sets it apart. However, independent performance validation is still pending.

Key Points: • Empirical Security raised $25 million to develop AI-driven exploit prediction tools. • The company offers two products: Foundation for global CVE monitoring and Radiant for tailored predictions. • The founders previously established Kenna Security, enhancing credibility in the exposure management market.