Yurts, a San Francisco, CA-based company providing generative AI (GenAI) integration at scale for defense, government, and enterprise customers, raised $40M in Series B funding.
The round was led by XYZ Venture Capital, with participation from Glynn Capital, Nava Ventures, Bloomberg Beta, and Mango Capital.
The company intends to use the funds to accelerate its growth and capabilities from experimental GenAI use to deep integration across mission-critical systems, unlocking real value within secure environments.
Founded by Ben Van Roo, Jason Schnitzer, and Guruprasad Raghavan, Yurts delivers AI solutions designed to transform mission-critical workflows in defense, government, and enterprise environments. Originated from a strategic collaboration with the Department of Defense, its AI integration platform connects models to high-security systems of record, enabling organizations to empower operational insights, enhance decision-making, and achieve productivity.
FinSMEs
03/12/2024