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Kasada

Category: AI in Cybersecurity

A modern bot mitigation and cybersecurity platform that protects websites, mobile apps, and APIs from automated attacks and malicious AI agents without using CAPTCHAs. Kasada was founded in 2015. The company is led by Sam Crowther. Based in Sydney, Australia. Team size: 100-200. Total funding raised: $39.0M. Latest round: Series C ($23M, Dec 2021). Key investors include ["StepStone Group","Ten Eleven Ventures","Main Sequence Ventures","Westpac Reinventure","In-Q-Tel","OurCrowd"].

Founded
2015
Headquarters
Sydney, Australia
Team size
100-200
Total funding
$39.0M

Value proposition

Eliminates automated fraud and malicious bot traffic while improving user conversion rates by removing friction-heavy challenges like CAPTCHAs, effectively shifting the economic cost of attack back onto the adversary.

Products and solutions

["Kasada Bot Defense (Core platform for real-time bot detection)","AI Agent Trust (Security for the agentic economy to verify autonomous AI agents)","Kasada API Protection (Securing backend services from automated scraping and abuse)","Kasada Fraud Protection (Defense against Account Takeover (ATO), credential stuffing, and inventory hoarding)","Adversarial Intelligence Services (Proactive threat hunting and research)"]

Unique value

Unlike traditional solutions that rely on static rules or user-disrupting CAPTCHAs, Kasada uses 'invisible' cryptographic challenges and dynamic code obfuscation that changes every time a bot attempts to interact with a site.

Target customer

Enterprise-level organizations with high-traffic digital assets, including global e-commerce retailers, financial institutions, travel and hospitality groups, and online gaming companies.

Industries served

["E-commerce & Retail","Travel & Hospitality","Financial Services","Online Gaming & Gambling","Real Estate & Classifieds","Media & Streaming"]

Technology advantage

Employs a 'Proof of Work' (PoW) approach that forces bot operators to expend significant computational resources, making attacks financially unviable. Its 'AI Agent Trust' is a first-of-its-kind solution designed to distinguish between helpful AI agents (like search crawlers) and malicious autonomous agents in the emerging agentic economy.

How they differentiate

Kasada eliminates the need for CAPTCHAs by using invisible cryptographic 'Proof of Work' challenges that shift the computational and economic cost of an attack back onto the bot operator, making automated attacks financially unviable.

Main competitors

["HUMAN Security","DataDome","Akamai (Bot Manager)"]

Key partnerships

["Amazon Web Services (AWS) - Available on AWS Marketplace","Akamai (Integration partner for edge security)","Cloudflare (Complementary edge integration)","Major Travel Industry Consortiums (Focus on securing tourism distribution systems)","In-Q-Tel (Strategic investment and partnership for government-grade security)"]

Notable customers

["Hyatt","REA Group","PointsBet","Flybuys","Major US Retailers"]

Major milestones

["Launched 'AI Agent Trust' in 2024 to secure the emerging agentic economy against malicious autonomous agents","Expanded global operations with a new headquarters in New York City","Achieved SOC 2 Type 2 compliance for enterprise-grade security standards","Founder Sam Crowther named to Forbes 30 Under 30 for Enterprise Technology"]

Growth metrics

Reported 200% growth in North American revenue following its Series B; protects over $10 billion in e-commerce transactions annually.

Market positioning

Premium enterprise-grade bot mitigation specialist focused on high-performance security for e-commerce, travel, and financial services.

Geographic focus

Global, with primary headquarters in Sydney (APAC) and major operational hubs in New York and London (North America and EMEA).

Patents and IP

Holds proprietary IP and patents related to dynamic code obfuscation, client-side interrogation techniques, and automated interaction detection (e.g., US Patent 11,206,277 for detecting automated interactions).

About Sam Crowther

Sam Crowther is the founder and CEO of Kasada. He founded the company in 2015 at the age of 19 to revolutionize bot mitigation. Prior to Kasada, he served as a Cyber Security Specialist at Macquarie Group and gained experience at BAE Systems Applied Intelligence. He is a recognized expert in application security and was named to the Forbes 30 Under 30 list for Enterprise Technology.

Official website: