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TrojAI Raises $3M Seed Round

In the wake of commercializing its product last summer, Saint John cybersecurity firm TrojAI has raised a $3 million seed round led by Halifax’s Build Ventures and Seattle’s Flying Fish Ventures, which was co-founded by former Microsoft, Amazon and Getty Images execs.

The funding follows a $750,000 pre-seed round last January, and at the time, COO Stephen Goddard told Entrevestor he was already eyeing another raise. Now, CEO James Stewart has said in an interview that a Series A funding round could come as soon as next year.

TrojAI’s software is designed to prevent cyberattacks hidden in


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