Spin.AI, an AI-powered cloud security and data protection platform, has received an investment from K1 Investment Management (K1), one of the largest investors in small-cap AI-powered software.
Spin.AI’s SpinOne platform combines SaaS security posture management, ransomware detection and response, data loss prevention, and backup and disaster recovery into a single AI-powered solution, offering an industry-leading two-hour ransomware recovery service level agreement.
Spin.AI’s SpinOne platform currently protects more than 1,500 organisations and over two million users worldwide, including Domino’s, DHL, and Vimeo, across Google Workspace, Microsoft 365, Salesforce, and Slack.
Spin.AI founder and CEO Dmitry Dontov said, “At Spin.AI, our mission is to eliminate SaaS security risks before they become real-world breaches. The organizations we protect – from global enterprises to fast-growing technology companies – depend on us to keep their most critical SaaS data safe and recoverable.
“K1 understands the urgency and complexity of securing modern SaaS environments and brings deep operational experience to help us scale. Together, we’re working to redefine how organizations protect, manage, and recover their SaaS data.”
K1 principal Christian Grant said, “K1 seeks to partner with founder-led companies to build category-defining technology platforms.
“Many of the cloud platforms enterprises rely on were not built with today’s threat environment in mind. Spin.AI has built the platform that helps close that gap – combining backup, ransomware response, posture management, and data loss prevention in a way that gives security teams real visibility and real control. That’s the kind of mission-critical infrastructure we look to back.”
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