Gray Swan
Gray Swan develops AI safety and security tools to assess risks in AI models. The Pittsburgh-based company has raised $40M in Series A funding and employs 88 people.
The growth story
Gray Swan grew from 1 to 88 employees between 2023 and 2026, raising $40M along the way, most recently a Series A in May 2026.
About
Gray Swan builds automated tools to evaluate the risks of AI models, focusing on safety and security. Its products are likely aimed at enterprises deploying AI systems that need to mitigate potential vulnerabilities.
The company raised $40M in a Series A round in May 2026, backed by investors including Hudson River Trading and Madrona. It has grown to 88 employees, with a strong engineering focus.
Founders and leadership
Engineering is the largest function at Gray Swan, with 23 employees. The company has a median tenure of 1 year, suggesting a relatively young and dynamic workforce.
The Gray Swan org chart
Matt Fredrikson (Chief Executive Officer) leads 17 mapped leaders with 5 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 35 (+133% YoY), Business Development 4 (+100% YoY), Consulting 3 (+50% YoY), Human Resources 3 (+200% YoY), Arts and Design 3 (+200% YoY), Sales 3 (+50% YoY).
Talent flow
Gray Swan recruits heavily from Carnegie Mellon University, which accounts for 9 employees. Other top talent sources include Google, Gecko Robotics, and Meta. Alumni have gone on to roles at OpenAI and Exponential Security Labs.
Most common previous employers of Gray Swan staff: Carnegie Mellon University (6), Google (5), Gecko Robotics (3), Tanium (3), Meta (3), Uber (2). Former Gray Swan employees most often moved to OpenAI (2), Exponential Security Labs (1), - (1), Spring Silicon (1), Merget (1), Script Kitty (1).
Alumni worth knowing
Hiring now
Web traffic
Traffic mix: 32% direct, 22% search, 33% social, 0% paid.
What this company is made of
Most common skills at Gray Swan: Python (Programming Language) (35), Artificial Intelligence (AI) (22), Leadership (22), Project Management (17), Machine Learning (17), Data Analysis (17), SQL (17), Red Teaming (16).
Where the team actually sits
Gray Swan people are concentrated in Pennsylvania, United States (19), Greater Pittsburgh Region (3), California, United States (3), Washington, United States (2).
Search footprint
Gray Swan attracts about 192 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 38 ranking keywords and lost 28 in the last period.
Frequently asked
Gray Swan has 88 employees as of September 2026.
Gray Swan has raised $40M in total, most recently a Series A round in May 2026.
Matt Fredrikson (Chief Executive Officer) sits at the top of Gray Swan's reporting structure, with 5 direct reports.
The most common previous employers of current Gray Swan staff are Carnegie Mellon University (6 people), Google (5 people), Gecko Robotics (3 people).
Former Gray Swan employees most often move to OpenAI (2), Exponential Security Labs (1), - (1).
Gray Swan attracts about 192 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among Gray Swan staff are Python (Programming Language), Artificial Intelligence (AI), Leadership, Project Management, Machine Learning.
Gray Swan staff are concentrated in Pennsylvania, United States (19), Greater Pittsburgh Region (3), California, United States (3).
Gray Swan has about 35 people in Engineering, up 133% over the past year, as of September 2026.
Gray Swan has about 4 people in Business Development, up 100% over the past year, as of September 2026.
Computed from 60 current and 24 former Gray Swan profiles, as of September 2026. Source: Crustdata.
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