Ultra Security Secures $10 Million In Seed Funding To Enhance Autonomous Systems Security
Building Size
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Asset Type
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Closing
Oct 21, 2026
About this deal
AI
Ultra Security, a security platform based in Detroit, Michigan, has raised $10 million in seed funding to enhance security for autonomous runtime environments. This funding round included investments from Ludlow Ventures, Entree Capital, Hidden Capital, Detroit Venture Partners, Firedrop, and FDVC.
Summary of transaction details:
- Deal Type: Seed
- Transaction Amount: $10,000,000
- Company: Ultra Security
- Founder: Chase Lee
- Headquarters: Detroit, Michigan
- Investors: Ludlow Ventures, Entree Capital, Hidden Capital, Detroit Venture Partners, Firedrop, FDVC
Chase Lee, previously the VP of New Product at Vanta and founder of Trustpage, has established Ultra Security to address the security challenges faced by autonomous systems. He recognized the gap between agentic capabilities and security tooling while developing features at Vanta, which led him to create a dedicated security layer for agents.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93