Verax AI raised $7.6 million in Seed funding led by TQ Ventures to help enterprises control AI.

Oct 30, 2024•about 1 year ago

Amount Raised

$7.6 Million

Round Type

seed

DallasMachine LearningArtificial IntelligenceSoftware

Investors

Xtx VenturesIn Motion VenturesSeedcampCardumen CapitalConcept VenturesTq Ventures

Description

Verax AI has secured $7.6 million in Seed funding to develop enterprise-grade software solutions that provide visibility and control of AI in production. The funding round was led by TQ Ventures with participation from several investors.

Company Information

Company

Verax AI

Location

Dallas, Texas, United States

About

Verax AI develops enterprise-grade software solutions that provide visibility and control of AI in production. It aims to mitigate risks of AI products once they are moved to production by offering real-time auto-correction of unwanted behaviors. The company, co-founded by Leonid Feinberg and Oren Gev, has recently launched its product, Verax Control Center, enhancing management of LLM-based products. Verax AI was established after the founders' collaboration at CloudEndure and AWS.

Related People

3 contacts

Funding Insights

Based on industry data

VC-backed spending patterns