FFuture Secure AI builds persona-based, multi-agent AI Co-Workers designed for large enterprises and private equity firms. Their core offering, Red-Zone AI Co-Workers, consists of over 100 agent personas that automate complex, high-stakes workflows. The agents integrate with a client’s core systems and governance frameworks and operate securely on the client’s network, remaining cloud- and LLM-agnostic to avoid vendor lock-in. Workflows run within a hybrid team, with AI Co-Workers reporting to human managers and maintaining human-in-the-loop oversight. The company differentiates itself by targeting mission-critical environments with on-premise deployment, strong governance, and integration into existing IT and security controls, rather than generic AI tools. Their stated goal is to deliver 10x to 20x ROI on operating costs, often paying for themselves within six months. Clients span infrastructure, services, finance, health, and connected economies.
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Industries
Company Size
201-500
Company Stage
N/A
Total Funding
$80M
Headquarters
Austin, TX
Founded
2023
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Total Funding
$80M
Above
Industry Average
Funded Over
1 Rounds
AI coworker startup raises $115 million. Future Secure AI grabs US$80m at a US$1.2b valuation to unleash AI co-workers globally. Australian-founded Future Secure AI has raised US$80 million (A$115m) to expand its customer base globally. The round, backed by Square Peg, Yarra Capital Management, Macquarie Asset Managemen and Firetrail, came via convertible notes at a US$1.2 billion (A$1.7bn) valuation, to three-year-old Sydney startup, now headquarted in Austin, Texas It is the company's third funding round, following its previous raise in June 2025. Future Secure AI, founded in 2023, builds AI "co-workers" for large organisations, targeting complex tasks across sectors including investment banking, consulting, healthcare and law. Its technology assembles teams of AI agents, each with a name and face, overseen by a human supervisor. Baghai and Hunter, the co-CEOs, said the investment would help take that approach to more customers internationally. Get the best of Startup Daily straight to your inbox. Future Secure AI expects annual recurring revenue to approach US$100 million by the end of 2026, according to the AFR. The business has offices in Sydney, Melbourne, New York, Chicago, Austin, Toronto and São Paulo. An ASX listing is also on the agenda for late 2027, with investment banks expected to be appointed in the coming months.
Future Secure AI, a startup that builds AI co-workers for companies, has raised US$80 million in convertible notes at a US$1.2 billion ($1.7 billion) valuation. The Macquarie Capital-backed company plans to list on the ASX late next year and is expected to appoint banks for its IPO in the next few months. New investors include Square Peg, Yarra Capital Management, and Firetrail. It last raised in June 2025, and this is its third round. Founded in 2023 by Michael Hunter and Mehrdad Baghai, the startup creates teams of AI agents, each with a name and face, managed by a human supervisor. It expects annual recurring revenue of almost US$100 million by the end of this year. The listing plan follows several postponed tech floats this year, including Firmus Technologies' failed ASX attempt last month.
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Industries
Company Size
201-500
Company Stage
N/A
Total Funding
$80M
Headquarters
Austin, TX
Founded
2023
Find jobs on Simplify and start your career today
We update Future Secure AI's jobs every few hours, so check again soon!Browse all jobs