Singulr AI, an enterprise AI governance and security platform has raised $10 million in a seed funding round led by Nexus Venture Partners and Dell Technologies Capital, with participation from leading industry executives.
Singulr AI has also launched the general availability of its enterprise AI governance and security platform, already deployed across companies in the technology, finance, and healthcare sectors.
“Companies are experiencing explosive growth in AI adoption across employees, partners, and vendors – but this surge comes with mounting security risks and costs. Through our extensive market research, we recognized that the broad use of generative AI technology is a complex problem needing an enterprise-grade solution to scale and secure. We started Singulr to help enterprises rapidly adopt and operationalize powerful new AI technologies while managing costs and minimizing risk,” said Shiv Agarwal, CEO and Co-founder of Singulr.
“AI is transforming business with a new technology stack, evolving usage patterns, and unprecedented risks—forcing companies to rethink how they do security and governance. The Singulr team has a proven track record of solving complex, enterprise-scale problems and is launching a proven solution that enables businesses to efficiently and safely harness AI’s potential. I’m excited to partner with Shiv and the team again as they establish Singulr as the category leader,” said Jishnu Bhattacharjee, Managing Director at Nexus Venture Partners.
“This is the year the enterprise moves from experimenting with AI to leveraging its potential for pivotal business challenges. However, this adoption brings complex operational and security challenges requiring a systems approach—from developer experience to endpoint defense. The Singulr team has a proven track record of taking on enterprise challenges at Arkin and VMware and are well-equipped to do so again,” said Raman Khanna, Managing Director at Dell Technologies Capital.
Founded in 2023 by Shiv Agarwal and Abhijit Sharma, Singulr AI is an enterprise AI governance and security platform that helps streamline and secure enterprise AI use at scale.
Using Singulr AI platform, CIO and IT operations teams can rationalize their AI service inventory and reduce unnecessary spending, while CISO and risk teams can streamline the onboarding of safe AI use cases while implementing granular policies to prevent data leakage and shadow AI.
Singulr is launching with SOC 2 and ISO 27001 compliance, ensuring enterprise-grade security and trust.