Dam Secure

Dam Secure was founded in 2025 by Patrick Collins and Simon Harloff, both veterans of Zip Payments and Secure Code Warrior (Collins also previously built and exited mobile-tech company 5th Finger). The company, dual-based in Sydney, Australia and San Francisco, is built specifically around the premise that AI coding assistants (GitHub Copilot, Claude, Cursor) routinely produce code that passes functional tests but fails basic security expectations — so-called “logic gaps.” Its platform wraps around existing AI coding tools, applying vulnerability scanning, organization-specific code security guardrails, a persistent “Secure Knowledge Graph” of security context, and IDE/CI-CD integrations to catch issues before and after an AI agent writes code. It currently supports Java, C#, TypeScript, JavaScript, Python, and Go.

In January 2026, Dam Secure closed a seed round of roughly US$4M (reported as A$6.1M in Australian coverage) led by Paladin Capital Group, a Washington D.C.-based cyber/AI investor whose managing director Mourad Yesayan joined the board. The company names a small set of early customers (Dovetail, Pluss Communities, Skip Loans, RecordPoint, Zepto, and Serval) on its site. Dam Secure’s marketing claims specific performance figures — preventing “20% of vulnerabilities ever being generated,” detecting “40% more existing vulns,” shipping PRs “32% faster,” and surfacing “172% more business logic flaws” than conventional scanners, plus a sub-10% false-positive rate versus an asserted ~50% industry average — all of which are vendor-published and have not been independently verified.

For a CISO, Dam Secure is pitched as a guardrail purpose-built for the AI-generated-code era rather than a general SAST tool retrofitted for it. Its differentiation is narrow (founders’ direct product-security pedigree from Secure Code Warrior) but the company is only months old, with a single small funding round and a handful of named customers, placing it squarely in the earliest, least-proven tier of this market alongside several similarly positioned competitors.