About Muninn AI
Muninn AI is a company based in Gentofte (Denmark) founded in 2016 by Lars Thrane and Andreas Frederik Wehowsky was acquired by LogPoint in October 2024.. Muninn AI has raised $20.3 million across 6 funding rounds from investors including LogPoint, DOE and Luminar Ventures. The company has 14 employees as of November 30, 2024. Muninn AI offers products and services including AI Detect, AI Prevent, Endpoint Agent, Managed Detection & Response, and Muninn Central. Muninn AI operates in a competitive market with competitors including Palo Alto Networks, Imperva, Fortinet, Cisco and IBM, among others.
- Headquarter Gentofte, Denmark
- Employees 14 as on 30 Nov, 2024
- Founders Lars Thrane, Andreas Frederik Wehowsky
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Muninn Aps
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Annual Revenue
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Net Profit
$-894.81 K (USD)-36as on Dec 31, 2022
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EBITDA
$-922.89 K (USD)-34as on Dec 31, 2022
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Total Equity Funding
$20.3 M (USD)
in 6 rounds
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Latest Funding Round
$2.98 M (USD), Seed
Aug 18, 2022
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Investors
LogPoint
& 4 more
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Employee Count
14
as on Nov 30, 2024
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Acquired by
LogPoint
(Oct 02, 2024)
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Products & Services of Muninn AI
Muninn AI offers a comprehensive portfolio of products and services, including AI Detect, AI Prevent, Endpoint Agent, Managed Detection & Response, and Muninn Central. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Analyzes network activity to detect unknown attacks and insider threats.
Automatically stops internal cyber threats within milliseconds.
Extends detection capabilities to endpoints for full network coverage.
Provides outsourced monitoring and response for enhanced security.
Centralizes control of NDR sensors for unified network oversight.
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Funding Insights of Muninn AI
Muninn AI has successfully raised a total of $20.3M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.98 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Seed — $3.0M
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First Round
First Round
(09 Apr 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Seed - Muninn AI | Valuation | Luminar Ventures | |
| Mar, 2021 | Amount | Seed - Muninn AI | Valuation |
investors |
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| Jul, 2020 | Amount | Series A - Muninn AI | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Muninn AI
Muninn AI has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include LogPoint, DOE and Luminar Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Luminar Ventures is recognized as a leading seed-stage venture capital fund in the Nordics.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Muninn AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Muninn AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Muninn Ai Comparisons
Competitors of Muninn AI
Muninn AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Palo Alto Networks, Imperva, Fortinet, Cisco and IBM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and cloud-based platforms are utilized for cybersecurity solutions.
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Cloud-based cybersecurity solutions are provided for enterprise protection.
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Cloud security posture management solutions are provided by the platform.
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| domain | founded_year | HQ Location |
AI and saas based cloud security solutions
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| domain | founded_year | HQ Location |
Hybrid cloud and DevOps automation are delivered to enterprises.
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| domain | founded_year | HQ Location |
Enterprise cybersecurity solutions are delivered via a cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Muninn Ai
Frequently Asked Questions about Muninn AI
When was Muninn AI founded?
Muninn AI was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Muninn AI located?
Muninn AI is headquartered in Gentofte, Denmark.
Who is the current CEO of Muninn AI?
Andreas Frederik Wehowsky is the current CEO of Muninn AI. They have also founded this company.
Is Muninn AI a funded company?
Muninn AI is a funded company, having raised a total of $20.3M across 6 funding rounds to date. The company's 1st funding round was a Series A of $16M, raised on Apr 09, 2018.
How many employees does Muninn AI have?
As of Nov 30, 2024, the latest employee count at Muninn AI is 14.
What does Muninn AI do?
Muninn AI was founded in 2016 in Gentofte, Denmark, as a provider of cyber security solutions. A cloud-based platform is utilized to apply artificial intelligence for the autonomous detection and response to novel threats. Services are extended to organizations of varying sizes in sectors including law firms, maritime operations, airlines, and logistics, with operations focused on enhancing threat management across these industries.
Who are the top competitors of Muninn AI?
Muninn AI's top competitors include Fortinet, Palo Alto Networks and Imperva.
What products or services does Muninn AI offer?
Muninn AI offers AI Detect, AI Prevent, Endpoint Agent, Managed Detection & Response, and Muninn Central.
Who are Muninn AI's investors?
Muninn AI has 5 investors. Key investors include LogPoint, DOE, Luminar Ventures, PreSeed Ventures, and Keyframe.
What is Muninn AI's valuation?
The valuation of Muninn AI is $11.9M as of Aug 2022.
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