CISO Tribune

Vendor comparison · 2 companies

Mindgard vs Trail of Bits

Mindgard secures AI models, agents, and applications against exploitable threats. Trail of Bits sells security reviews and engineering services across application security, cryptography, blockchain, AI/ML, low-level systems, and software supply chain. CISO Tribune files both under AI model and agent security. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • Mindgard
  • Trail of Bits
Mindgard vs Trail of Bits: Products, Customers and Funding Compared
MindgardMindgard secures AI models, agents, and applications against exploitable threats.mindgard.aiTrail of BitsTrail of Bits sells security reviews and engineering services across application security, cryptography, blockchain, AI/ML, low-level systems, and software supply chain.trailofbits.com
What it sells
  • AI Red Teaming[1][4][6][10]Mindgard's agentic platform red teams AI systems, agents, and infrastructure.
  • AI Security Expert[9]A subscription that gives a team direct access to a specialist.
  • Application Security[1][2][3]Code, cloud, and architecture review that finds the root cause and the fix for the whole bug class.
  • Blockchain[1][2][3]Review of every layer of a blockchain system, from smart contracts to nodes and bridges.
  • Cryptography[1][2][3]PhD-level cryptographers build and break real protocols.
Categories
Headquarters
Boston, United States[2]Not stated on its pages
Founded
2022[2][3]Not stated on its pages
Ownership and funding
Privately held[2][3]Not stated on its pages
Named customers
Not stated on its pagesNot stated on its pages
Recent news
  • August 13, 2026Mindgard announced a $30M Series A funding round.[11]
  • March 17, 2026Mindgard announced an expansion of its AI security platform that adds a reconnaissance capability for AI models, agents and applications.[12]
Not stated on its pages
G2 and Gartner Peer Insights
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
Who it fits
Mindgard addresses organizations that secure the AI systems they build, buy and use. The offering is aimed at pen-testers who scale AI-focused security testing efforts, and at developers who integrate ongoing testing for secure AI deployments. Customer types shown include global insurance brokerages, healthcare AI platforms, global financial institutions, semiconductor manufacturers and enterprise technology services. Reporting is directed to security, engineering, GRC, and audit teams.Trail of Bits describes review work for blockchain systems, covering smart contracts, nodes, and bridges. Trail of Bits describes security work on AI systems, from training data to deployed agent loops. Trail of Bits describes advising on the security challenges that come with advancing health research infrastructure.
Last verified
September 27, 2026October 19, 2026

Where they overlap

  • Mindgard and Trail of Bits are both filed under AI model and agent security.

Where they differ, field by field

  • Mindgard's primary category is AI model and agent security; Trail of Bits's is Security consulting and advisory.
  • Mindgard is also filed under AI firewalls and guardrails. Trail of Bits is also filed under Static application security testing and Software supply chain security.
  • Mindgard lists AI Red Teaming and AI Security Expert. Trail of Bits lists Application Security, Blockchain and Cryptography.
  • Mindgard is headquartered in Boston, United States.
  • Mindgard was founded in 2022.
  • Mindgard is privately held.

What it sells: Mindgard

What AI Security Expert does[9]
The expert shows how to run posture assessments, enhance tooling usage, build adversarial skills, and co-pilot red teaming efforts. The subscription includes workshops that show security and data science teams how adversarial techniques work, how agentic systems fail, and how defensive controls can be applied.

What it sells: Trail of Bits

What Blockchain does[1][2][3]
Trail of Bits reviews every layer of a blockchain system, from smart contracts to nodes and bridges, backed by Slither, Echidna, and Medusa. Trail of Bits maintains Slither, Echidna, and Manticore alongside the Building Secure Contracts guide.
What Cryptography does[1][2][3]
Trail of Bits employs PhD-level cryptographers who build and break real protocols, from zero-knowledge proofs and MPC to post-quantum migrations. Trail of Bits pulls cryptographers, compiler people, and systems engineers onto the same review.

Questions about Mindgard and Trail of Bits

What do Mindgard and Trail of Bits sell?
Mindgard sells AI Red Teaming and AI Security Expert. Trail of Bits sells Application Security, Blockchain and Cryptography.
Are Mindgard and Trail of Bits in the same category?
They share AI model and agent security. Mindgard's primary category is AI model and agent security and Trail of Bits's is Security consulting and advisory.
Where are Mindgard and Trail of Bits headquartered?
Mindgard is headquartered in Boston, United States.
When were Mindgard and Trail of Bits founded?
Mindgard was founded in 2022.
Who owns Mindgard and Trail of Bits?
Mindgard is privately held.
Who are Mindgard and Trail of Bits sold to?
Mindgard addresses organizations that secure the AI systems they build, buy and use. Trail of Bits describes review work for blockchain systems, covering smart contracts, nodes, and bridges.
What have Mindgard and Trail of Bits announced recently?
August 13, 2026: Mindgard announced a $30M Series A funding round.

About Mindgard

Mindgard secures AI models, agents, and applications against exploitable threats. Mindgard combines offensive security expertise, AI red teaming, attacker intelligence, and automated protection to help organizations discover, assess, and mitigate risk across AI models, agents, and applications. Mindgard was created from more than a decade of AI security research at Lancaster University. Mindgard was founded on pioneering research by Dr. Peter Garraghan at Lancaster University, which showed traditional AppSec could not address AI-specific risks. Mindgard's research has produced 150+ publicly disclosed AI vulnerabilities.[1][5]

The Mindgard AI security platform finds, validates, and fixes high-impact AI vulnerabilities. Mindgard operates as an autonomous red teamer, continuously mapping, planning, and executing complex, agentic attack workflows. Mindgard profiles AI systems the way attackers do, mapping models, agents, tools, and behaviors before attack execution. Mindgard automates recon and intelligence gathering on AI systems before adversarial testing to discover instructions, tools, and behaviors attackers can exploit. Mindgard identifies AI models, agents, MCP/A2A servers, connected tools, and shadow AI within products. Mindgard tests AI applications, agents and LLMs, including image, audio and multi-modal models. Mindgard uses reconnaissance and agentic attacks to identify how an attacker could manipulate an agent, access sensitive information, misuse tools, bypass controls, or chain weaknesses together.[1][4][13]

Mindgard validates which weaknesses are exploitable, explains their potential impact, and provides evidence and guidance to help teams close them. AI guardrails and firewalls apply policies to prompts, responses, or actions at runtime, and Mindgard tests whether those controls actually work. Mindgard assesses agents, tools, permissions, APIs, data, and infrastructure beyond the prompt layer. Mindgard evaluates and strengthens AI guardrails and WAF solutions against vulnerabilities.[1][13]

Mindgard deploys through CI/CD, Burp Suite, or a single click. Mindgard integrates into existing workflows with CI/CD automation and a Burp Suite extension. Mindgard uses APIs and integrations to secure models, agents, and AI applications across development and production environments. Mindgard routes findings through APIs, CI/CD, and enterprise workflow integrations into existing security tooling, ticketing systems, and engineering workflows. Mindgard integrates report viewing into existing systems and SIEM. Mindgard supports SAML/SSO, SCIM provisioning, and RBAC to align security testing with organizational compliance standards.[1][4][13][14][15]

Mindgard generates evidence, remediation guidance, and audit-ready reports mapped to OWASP, MITRE, NIST, and AIUC-1. Mindgard discovers and inventories AI applications, models, agents, and shadow AI across an entire environment. Mindgard prioritizes findings by severity, exposure, affected target, business context, and urgency of remediation. Mindgard gives security, engineering, GRC, and audit teams reporting they can use to demonstrate that AI risks and controls are being continuously evaluated. Security teams use Mindgard to discover and remediate high impact risk.[4][15]

Mindgard researchers attack AI systems the way a motivated adversary would, using prompt injection, agent hijacking, tool abuse, data extraction and guardrail bypass, chained into attack paths. Mindgard red teams the whole AI system, not just the model. A single LLM application typically takes two to three weeks from kickoff to report in a Mindgard AI pentest. Mindgard sells a dedicated Technical Account Manager as an annual subscription. Mindgard's AI Security Expert subscription gives a team direct access to a specialist. Mindgard training includes instructor-led workshops where teams build agents, test attacks, configure guardrails, and harden defenses.[6][7][8][9][10][13]

A US insurance brokerage used Mindgard to secure nine production AI models. Mindgard secured Fortune 500 design partners. Mindgard expanded its leadership with CEO James Brear, Head of Research Aaron Portnoy, and Offensive Security Lead Rich Smith. Mindgard lists SOC 2 Type 2. Mindgard says 86% of its staff are on the R&D team and 38% hold PhDs.[1][5][6][7][8][9][10][13][14]

Mindgard on the record

Sources

Mindgard full record

  1. [1]Mindgard - AI Red Teaming & AI Security SolutionsMindgard · undated page, accessed September 27, 2026 · Tier A
  2. [2]About Mindgard: Offensive AI Security CompanyMindgard · undated page, accessed September 27, 2026 · Tier A
  3. [3]Mindgard raises 30 million to protect ai systemsSecurityWeek · securityweek.com · published August 12, 2026 · Tier B
  4. [4]AI Security Software: Advanced AI Testing Tools - MindgardMindgard · undated page, accessed October 26, 2026 · Tier A
  5. [5]AI Security Services: Secure Agentic AI Systems - MindgardMindgard · undated page, accessed October 26, 2026 · Tier A
  6. [6]AI Red Teaming Services for LLMs and Agents - MindgardMindgard · undated page, accessed October 26, 2026 · Tier A
  7. [7]AI Penetration TestingMindgard · undated page, accessed October 26, 2026 · Tier A
  8. [8]AI Security Advisory Services for Enterprise AI - MindgardMindgard · undated page, accessed October 26, 2026 · Tier A
  9. [9]AI Security Consulting Services for Enterprise AI - MindgardMindgard · undated page, accessed October 26, 2026 · Tier A
  10. [10]AI Security TrainingMindgard · undated page, accessed October 26, 2026 · Tier A
  11. [11]Mindgard Raises $30M Series AMindgard · published August 13, 2026 · Tier A
  12. [12]Mindgard Unveils First Autonomous AI Security Platform To Identify And Fix Exploitable VulnerabilitiesBusiness Wire · published March 17, 2026 · Tier A
  13. [13]Offensive Security Tool for AI Systems - MindgardMindgard · undated page, accessed November 10, 2026 · Tier A
  14. [14]Mindgard vs Prompt SecurityMindgard · undated page, accessed November 10, 2026 · Tier A
  15. [15]AI Governance & ComplianceMindgard · undated page, accessed November 10, 2026 · Tier A

Trail of Bits full record

  1. [1]trailofbits.comTrail of Bits · trailofbits.com · undated page, accessed October 19, 2026 · Tier A
  2. [2]About · Trail of BitsTrail of Bits · undated page, accessed November 10, 2026 · Tier A
  3. [3]Services · Trail of BitsTrail of Bits · undated page, accessed November 10, 2026 · Tier A
  4. [4]Ruby Security Field Guide — Guide · Trail of BitsTrail of Bits · undated page, accessed November 10, 2026 · Tier A
  5. [5]Offchain Security Council Rotation · Trail of BitsTrail of Bits · undated page, accessed November 10, 2026 · Tier A

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