Protect AI Named to Inc.’s 2024 Best in Business List for AI & Data

The annual list recognizes industry-leading companies that are the best at what they do

Protect AI, the leading artificial intelligence (AI) and machine learning (ML) security company, today announced it was named to Inc.’s 2024 Best in Business list in the AI & Data category. This prestigious annual recognition highlights companies making a profound impact on their industries and society. The Winter issue of Inc. magazine, which will feature the full list, hits newsstands on December 10.

Inc.’s Best in Business Awards celebrate companies that demonstrate exceptional achievements, such as product innovation, customer growth, increased market share, and industry-defining accomplishments. Winners are carefully selected by Inc.’s editorial team from a broad range of industries, including technology, healthcare, finance, and retail.

“We are honored to be named to Inc.’s 2024 Best in Business list,” said Ian Swanson, Co-Founder and CEO of Protect AI. “This award reflects our commitment to building a safer AI powered world and empowering organizations to innovate with confidence. Protect AI is focused on building a future where the transformative potential of AI is harnessed safely and securely.”

“For over 40 years, Inc. has been committed to recognizing America’s most dynamic businesses and honoring the great work they do,” said Inc. editor-in-chief Mike Hofman. “These businesses have had a profound impact on their industries, solving important problems, and shaping the future of business in ways that will have lasting effects.”

Protect AI earned this recognition for its leadership in MLSecOps (Machine Learning Security Operations), an innovative framework that provides end-to-end security for AI/ML systems. Its platform integrates four key products—Guardian, Layer, Recon and Radar—to address unique AI vulnerabilities, ensure regulatory compliance, and enable businesses to scale their AI initiatives securely. In addition to commercial success, Protect AI has also advanced the field of AI/ML security through initiatives like the MLSecOps Foundations certification program, which provides free training on integrating security into AI workflows.

Over the past 18 months, Protect AI has achieved significant milestones, including raising $108.5M in funding, growing its customer base to include national security organizations and Fortune 500 companies, and expanding its team by 300% with plans for continued growth in 2025.

About Protect AI

Protect AI addresses unique enterprise AI security concerns with a comprehensive suite of products for advanced AI scanning, robust LLM security, and GenAI red teaming that operate on one enterprise ready platform. By integrating with existing AI and security operations, Protect AI enables organizations to safeguard AI investments, enhance operational efficiency, adopt MLSecOps and adhere to global and US data security and privacy standards. Founded by AI leaders from Amazon and Oracle, Protect AI is backed by top investors, including Acrew Capital, boldstart ventures, Evolution Equity Partners, Knollwood Capital, Pelion Ventures, 01 Advisors, Samsung, StepStone Group, and Salesforce Ventures. The company is headquartered in Seattle, with offices in Berlin and Bangalore. For more information, visit our website and follow us on LinkedIn and X.

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