Pluto Security raised $42 million to help companies monitor employee AI tools, agents and AI-built applications for security risks.
Pluto Security has emerged from stealth with $42 million in funding to build security tools for companies adopting AI. TechCrunch reported October 13 that the funding comprises an $8.5 million seed round led by TLV Partners and a $34 million Series A led by Jump Capital. Other backers include Ansa Capital, Skinos and angel investors.
The startup’s product is designed to give security teams visibility into employee use of AI tools, agents, extensions, skills and Model Context Protocol servers, as well as applications built with AI. Pluto says its software can identify risky components and potentially dangerous agent activity, and can intervene while an agent is running—for example, by stopping an action that seeks permissions beyond the user’s intent or prompting the agent to request confirmation.
CEO and co-founder Shahar Bahat told TechCrunch that about 60% of the risks Pluto detects across its customer base involve tools built with AI by non-developers. Finance teams were the largest source in the company’s findings, followed by marketing and legal, with developers ranking fourth. One example cited was an employee-built application for managing customer information and churn that had been left exposed to the internet. These figures are company-reported findings, not an independently established industry-wide rate.
Pluto said it began selling its product in April and had more than 30 enterprise customers, including Oscar Health, Workato, Sixt and AlphaSense. The company also reported more than $2 million in annual recurring revenue. Its free Plutonium platform lets users check publicly available AI skills, connectors and add-ons; the company says the platform has attracted thousands of security professionals and contributes to inbound sales interest.
Pluto plans to use the funding for product development, security research and expansion in the United States. The raise comes as organizations face the practical challenge of overseeing AI tools and apps built across departments, not just by centralized engineering teams. The company’s approach aims to add monitoring and controls around those tools while allowing employees to continue using them.
