Hyderabad-based cybersecurity and AI startup Deep Algorithm has raised ₹16 crore in a Pre-Series A funding round led by Unicorn India Ventures, with participation from SB Investment (UAE), Prakash Govindan, and Himanshu Singhal. The fresh capital will be used to accelerate international expansion, enhance product capabilities, and strengthen its platform to tackle rapidly evolving identity and AI-driven cyber threats.
Building the Future of Identity Security
Founded in 2021, Deep Algorithm is pioneering Continuous Identity Risk Management (CIRM), a framework that delivers behaviour-driven, continuous risk intelligence across both human and machine identities. Its Unified Identity Security Platform is designed to prevent identity fraud and safeguard critical sectors such as BFSI, defence, and government against threats like account takeover, social engineering, and emerging agentic AI attacks.
The company’s flagship product, adapID AI, acts as an adaptive behavioural intelligence engine, continuously analysing identity patterns to detect anomalies such as compromised credentials, insider threats, and unauthorised access. Its BotShield AI platform further strengthens enterprise security with capabilities in zero-day threat prevention, DDoS mitigation, and runtime protection through autonomous AI-driven defence mechanisms.
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Growth Momentum and Product Innovation
Deep Algorithm has reported strong growth, with a threefold increase in closing ARR from FY25 to FY26, and projects a 20X surge by FY27. Founder and CEO JP Mishra emphasised that identity is no longer static but defined by continuous behavioural signals, especially in an era shaped by AI-driven threats.
The company is also preparing to launch its adapID AI CIRM Platform for Agentic Identity, positioned as a first-of-its-kind solution tailored for the growing ecosystem of AI agents.
Commenting on the investment, Anil Joshi noted that cybersecurity as a service is witnessing rising demand as threat actors become more sophisticated. He added that Deep Algorithm is addressing a critical enterprise gap by enabling secure, accountable, and behaviour-based identity governance for autonomous systems.
The company, which previously raised ₹10.8 crore, currently serves clients across banking and enterprise sectors, including Canara Bank, Karnataka Bank, and DCB Bank, while actively expanding its footprint through ongoing partnerships and pilot projects.
