Lockchain

Lockchain.ai, founded in 2023 and headquartered in Athens, Georgia, operates as a risk management platform focused on blockchain assets. The company was established by Andrew Howard, Aidan Kehoe, and Matt Higgins, all of whom bring extensive backgrounds in cybersecurity and entrepreneurship. Howard, the CEO, previously served as CEO of Kudelski Security, while Kehoe, the Chairman of the Board, founded SKOUT Cybersecurity, which was acquired by Barracuda Networks. Higgins is a co-founder and CEO of private investment firm RSE Ventures.

The firm targets the digital asset management sector, providing services to traders, investors, and fund managers. Its business model is centered on a Software-as-a-Service (SaaS) platform that offers continuous due diligence and risk monitoring for digital assets. Revenue is generated through subscription fees for access to the platform, which includes technical support and other services as defined in service agreements. After a year in stealth mode, the company officially launched in April 2024 and reports that it provides risk management recommendations for portfolios with an aggregate value exceeding $2 billion.

Lockchain.ai's core product is its Blockchain Risk Management Platform (BRMP), which utilizes a proprietary AI-based risk engine. This platform analyzes a multitude of data sources, both on-chain and off-chain, to provide real-time risk intelligence. Key features include centralized multi-chain wallet monitoring across more than 25 blockchains like Ethereum and Bitcoin, real-time transaction alerts via email, Slack, or Telegram, and the ability to reconcile on-chain and off-chain balances. The platform aims to translate complex data into actionable insights for investment professionals, regardless of their security expertise, and includes an automation engine with pre-built playbooks to respond to risk events.

The company has secured significant funding to support its growth. It has raised a total of $9.6 million over two rounds. A seed round in April 2024 raised $4.6 million, and a Series A round in February 2025 brought in nearly $5 million, led by White Star Capital with participation from Lerer Hippeau, Arrington Capital, and others. These funds are allocated for further platform development, aiming to enhance speed and efficiency for clients.

Keywords: blockchain risk management, digital asset security, AI-powered analytics, cryptocurrency trading, on-chain monitoring, compliance, SaaS, portfolio risk, cybersecurity, due diligence