Enkrypt AI, a Boston, MA-based company enabling adoption of Generative AI within enterprises, $2.35M in funding.
The round was 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.
The company intends to use the funds to expand operations and its development efforts.
Founded by Sahil Agarwal (CEO) and Prashanth Harshangi (CTO) in 2022, Enkrypt AI enables the adoption of Generative AI within enterprises through its platform. The company is working on how Large Language Models (LLMs) are integrated and managed, addressing needs for reliability, security, data privacy, and compliance in a unified solution.
Used by mid to large-sized enterprises in industries including finance and life sciences, its Sentry offering enables a proactive approach to AI security, fostering trust and efficiency in AI implementations from chatbots to automated reporting.
FinSMEs
27/02/2024