Future Secure AI Raises US$80 Million for AI Coworkers
Future Secure AI raised US$80 million (A$115 million) through convertible notes at a US$1.2 billion valuation, according to Startup Daily. The round included backing from Square Peg, Yarra Capital Management, Macquarie Asset Management and Firetrail.
The company builds AI coworkers for complex tasks in investment banking, consulting, healthcare and law. Its system assembles teams of AI agents that operate under a human supervisor.
Founded in Sydney in 2023 and now headquartered in Austin, Future Secure AI will use the funding to expand its international customer base. The company expects annual recurring revenue to approach US$100 million by the end of 2026.
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