Akto
Category: AI in Cybersecurity
Akto is an open-source, proactive API security platform that also offers an agentic security platform to protect enterprises from AI agent risks. Akto was founded in 2022. The company is led by Ankita Gupta. Based in San Francisco Bay Area, USA. Team size: 11-50. Total funding raised: $4.5M total (all rounds). Latest round: Seed. Key investors include Accel, Alumni Ventures, Akshay Kothari, Renaud Deraison, Milin Desai.
- Founded
- 2022
- Headquarters
- San Francisco Bay Area, USA
- Team size
- 11-50
- Total funding
- $4.5M total (all rounds)
Value proposition
To provide an instant, open-source API security platform that enables security teams to proactively secure their APIs in the CI/CD pipeline and protect against AI agent risks.
Products and solutions
API discovery, API Security Posture, Testing in CI/CD, Test Library with 1000+ Tests, Custom test support, Sensitive data exposure detection, Agentic Security Platform
Unique value
Akto's primary unique factor is its open-source approach to API security, which fosters community collaboration and transparency. Additionally, its new Agentic Security Platform is a key differentiator, addressing the emerging risks associated with AI agents.
Target customer
Application security and Product Security teams, enterprises.
Industries served
Technology, Financial Services, Healthcare
Technology advantage
The open-source model provides a significant business advantage by enabling rapid adoption and community-driven improvements. The platform's technology allows for instant deployment and proactive security testing within the CI/CD pipeline, which is a major technical advantage for developers and security teams.
How they differentiate
Akto differentiates itself by focusing on AI-driven security for APIs and AI agents, offering an 'Agentic Security Platform'. It provides a plug-and-play, developer-friendly tool that helps in discovering APIs, running tests, and identifying business logic vulnerabilities in real-time. Its open-source core is also a key differentiator.
Main competitors
Traceable Security, Salt Security, Noname Security
Key partnerships
Not publicly available
Notable customers
Cred, Razorpay, OLA
Major milestones
Founded in 2022, Raised $4.5M in a seed round in November 2022, Launched its Agentic Security Platform to protect against AI agent risks, Recognized by Gartner as a top security platform
Growth metrics
Specific growth metrics are not publicly available.
Market positioning
Akto is positioned as a comprehensive API security platform targeting the DevSecOps market. It emphasizes ease of use and quick integration to protect applications from development to production, with a recent focus on the emerging risks associated with AI agents.
Geographic focus
Based in San Francisco, Akto's primary geographic focus appears to be the North American market.
Patents and IP
Not publicly available
About Ankita Gupta
Co-Founder and CEO at Akto. Previously served as Chief of Staff to the CEO at CleverTap, worked in GTM Strategy and Operations at VMware, and in Investment Banking at J.P. Morgan. Holds an MBA from The Tuck School of Business at Dartmouth.
Official website: https://www.akto.io