Cybersecurity Funding

Fable Security Raises $31 Million for Human Risk Management Platform

Fable Security has emerged from stealth mode with a solution designed to detect risky behaviors and educate employees.

Fable Security has emerged from stealth mode with a solution designed to detect risky behaviors and educate employees.

Fable Security on Monday emerged from stealth mode with a platform designed to detect and address risky employee behaviors. 

Fable Security’s human risk management platform leverages a proprietary framework that can synthesize real-time signals from identity, cloud, access, endpoint, and productivity systems in search of risky behavior. 

The collected data is used by AI to generate “interventions” — this includes chats, automated workflows, nudges and video briefings — aimed at educating employees. 

These interventions are tailored to the employee’s role and behavior, they are timed to moments of heightened risk, and are delivered through channels such as email and Slack. 

“The system learns from the actions people take and assesses risk anew—a first-of-its-kind, closed-loop engine for continuously driving down human risk for enterprises,” the company explained

Fable Security was founded in 2024 by Nicole Jiang, who serves as the company’s CEO, and Sanny Liao, who serves as CPO. Jiang and Liao were founding members of Abnormal AI (formerly Abnormal Security), a company specializing in human behavior security, particularly as it pertains to email and SaaS applications.

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The company has raised a total of $31 million in seed and Series A funding from Greylock Partners, Redpoint Ventures, and others.

Forbes reported — citing people familiar with the matter — that the company has been valued at $120 million. 

Related: HeroDevs Raises $125 Million to Secure Deprecated OSS

Related: GRC Firm Vanta Raises $150 Million at $4.15 Billion Valuation

Related: Empirical Security Raises $12 Million for AI-Driven Vulnerability Management

Related: Cyber Intelligence Firm iCOUNTER Emerges From Stealth With $30 Million in Funding

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