The funding comes from CrimsoNox Capital, Mozilla Ventures, and FPV Ventures with participation from existing investors Sands Capital, Decibel VC, Booz Allen Hamilton, and AI Fund. This brings the company's total funding raised to $41.3 million. The company also made strategic additions to its leadership team across People, Go-to-Market (GTM), and Engineering, and plans to use the new capital to continue scaling amid rapidly growing global needs for responsible AI use and safety.

Credo AI is on a mission to empower organizations to responsibly build, adopt, procure, and use AI at scale. Credo AI's pioneering AI Governance, Risk Management and Compliance platform helps organizations measure, monitor and manage AI risks, while ensuring compliance with emerging global regulations and standards, like the EU AI Act, NIST, and ISO. Credo AI keeps humans in control of AI, for better business and society.