Palo Alto, CA – Singulr AI, an enterprise AI governance and security platform, has raised $10 million in seed funding led by Nexus Venture Partners and Dell Technologies Capital, with participation from leading industry executives.
Key Highlights
- Company Mission: Singulr AI helps enterprises discover, govern, and secure AI usage, ensuring compliance and mitigating security risks.
- Founders: Founded in 2023 by Shiv Agarwal and Abhijit Sharma, with expertise in enterprise security and AI governance.
- Use of Funds: The company will expand its engineering team, enhance platform capabilities, and scale its go-to-market strategy.
- Platform Capabilities:
- Continuous discovery of AI usage across an enterprise
- Automated risk scoring for AI services and models
- Context-aware policy enforcement to prevent unauthorized AI use
- Enterprise Adoption: Already deployed in technology, finance, and healthcare sectors with SOC 2 and ISO 27001 compliance.
- Investor Perspective: Nexus and Dell Technologies Capital highlight AI adoption risks and emphasize Singulr AI’s enterprise-grade governance solutions as crucial for businesses integrating AI at scale.
Industry Impact & Future Outlook
Singulr AI’s funding reflects the growing demand for AI governance and security solutions. As companies rapidly adopt AI, structured oversight will be essential for mitigating risks and optimizing costs.