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Home > Startups > Funding > Nurix AI raises $27.5 million in seed-Series A funding round co-led by General Catalyst and Accel

Nurix AI raises $27.5 million in seed-Series A funding round co-led by General Catalyst and Accel

The funds raised will be used to expand its technological base and scale its operations to meet the increasing demand for customised AI solutions in Asia and Northern America.

Abhinav Kumar Singh
Last updated: October 7, 2024 10:37 PM
By Abhinav Kumar Singh
Nurix AI raises $27.5 million in seed-Series A funding round co-led by General Catalyst and Accel
Nurix AI raises $27.5 million in seed-Series A funding round co-led by General Catalyst and Accel
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Nurix AI, an agentic AI services company, has raised $27.5 million in seed-Series A funding (divided into two tranches) round co-led by General Catalyst and Accel, with participation from Meraki Labs.

The funds raised will be used to expand its technological base and scale its operations to meet the increasing demand for customised AI solutions in Asia and Northern America. This includes enhancing its R&D capabilities and establishing a more pronounced market presence, with a focus on fostering long-term partnerships with AI hardware and product companies.

Mukesh Bansal, Founder and CEO at Nurix AI, said, “AI is at the inflection point with the promise of completely transforming how work happens in the enterprise. At Nurix, we envision a future where AI agents, guided by human expertise, handle a significant portion of tasks, driving unprecedented gains in productivity and quality. India has deep AI talent to be at the forefront of this transformation and we are super excited to build India’s leading AI team to drive this charter.”

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Subrata Mitra, Partner at Accel, said, “AI is rapidly becoming the most transformative force in enterprise operations. Nurix AI is addressing the critical challenges enterprises face in adopting AI at scale—namely, the integration of customized AI solutions with existing workflows, while balancing the precision of AI with the empathy of human oversight. India has become the world’s services destination, and with the advent of GenAI, that trend is set to accelerate even further. At Accel, our partnership with Mukesh spans his remarkable successes with Curefit and Myntra. For us, Nurix represents a great founder pursuing a large opportunity, and we’re very excited to embark on this next journey with Mukesh.”

Deep Nishar, Partner at General Catalyst, said, “AI is fundamentally reshaping enterprises, and the shift is happening rapidly. Enterprises need partners who deliver production-grade, customized AI solutions that are tailored to their unique needs. We believe that Nurix’s focus on practical, scalable implementations, combined with its entrepreneurial team’s proven track record, makes Nurix an essential partner for companies looking to harness the true power of AI.”

Nurix AI delivers custom AI-native services that seamlessly fit within existing enterprise workflows, helping enterprises implement AI agents in ways that are practical, reliable, and aligned with their operational needs. Their strategy includes a deep understanding of operational frameworks, enabling the effective identification and automation of key processes with LLMs.

The company is focused on developing custom AI agents equipped with proprietary human-like voice and reasoning capabilities to enhance productivity, drive profitability, and revolutionize customer experiences for enterprises worldwide.

Mukesh Bansal, a seasoned entrepreneur known for his successful ventures in the tech industry, including Myntra, Flipkart, and Cult.fit, leads the Nurix team.

TAGGED:AccelGeneral CatalystNurix AI

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