Enkrypt AI Secures $2.35M to Enable Secure Generative AI Adoption in Enterprises
Enkrypt AI specializes in making Generative AI accessible and manageable for enterprises, addressing critical needs for security and compliance.
Company Name: Enkrypt AI
Location: Boston, Massachusetts, USA
Sector: Generative AI for Enterprises
Funding Details: Raised $2.35M, led by Boldcap, with participation from Berkeley SkyDeck, Kubera VC, Arka VC, Veredas Partners, Builders Fund, and angel investors in the AI, healthcare, and enterprise space.
Purpose of Investment: To expand operations and further development efforts.
Leadership: Co-founders Sahil Agarwal (CEO) and Prashanth Harshangi (CTO)
Product: Enkrypt AI facilitates the integration and management of Large Language Models (LLMs) within enterprises, focusing on reliability, security, data privacy, and compliance through its Sentry offering. Sentry allows enterprises to adopt Generative AI technologies securely, enhancing AI implementations like chatbots and automated reporting.
About Company: Enkrypt AI specializes in making Generative AI accessible and manageable for enterprises, addressing critical needs for security and compliance. The company serves mid to large-sized enterprises across finance, life sciences, and other industries, promoting a secure and efficient adoption of AI technologies.