Matters.AI raises Rs 55 Cr led by Kalaari and Endiya Partners

Data security company Matters.AI has raised Rs 55 crore (6.2 million dollars) in a seed funding round co-led by Kalaari Capital and Endiya Partners along with participation from Better Capital, Carya Venture Partners, and cybersecurity angels.

The Bengaluru-based startup had previously raised Rs 13 crore in a pre-seed funding round from Better Capital and Carya Venture Partners.

The proceeds will be used to accelerate research and development in predictive detection, expand go-to-market operations in India and the US, and strengthen engineering and customer success teams serving regulated industries under the DPDP framework, Matters.AI said in a press release.

Co-founded in 2024 by Keshava Murthy and Harsh Sahu, Matters.AI is an AI-native data security platform that thinks like an engineer. By unifying DSPM, Insider Risk, DDR, Exfiltration Defense, and DLP into one intelligent layer, it understands what data means, who is interacting with it, and why, stopping threats before they become incidents. The platform aims to protect enterprises across India and the world.

According to Matters.AI, the AI Security Engineer is a self-learning system that understands how sensitive data behaves, predicts misuse before it happens, and responds autonomously across cloud, SaaS, endpoints, and on-premises environments. It uses semantic graphs and predictive models to understand context and intent.

Matters.AI offers full stack visibility including endpoint visibility and control through real-time data tracing, data lineage and fingerprinting to track how data moves and why, on-premises and SaaS deployments for hybrid enterprises, GenAI governance across ChatGPT, Gemini, and Copilot, and native integrations with Zoho, Snowflake, Salesforce, AWS, Azure, GCP, and Databricks.

It competes with other notable players in this space such as Cyera, Orca Security, and Palo Alto Networks.