Wald.ai, a context intelligence company has raised $4 million in the seed funding round. The seed round saw participation from Inventus Capital, Entrada Ventures, and several high-profile angel investors from top cybersecurity firms including Palo Alto Networks, Fortinet, and HackerOne.
The funds raised will be used to scale its operations, enhance the platform’s capabilities and expand its reach.
“The rapid adoption of AI technology necessitates that businesses ensure their confidential data remains private. Contextual data protection is the smart way to keep sensitive data safe when using generative AI platforms. As companies face the risk of data leakage, the solution is not to block use of these platforms, but to put in place effective, user-friendly guardrails to enable employee productivity,” said Vinay Goel, co-founder and CEO of Wald.ai.
Founded in 2023 by Vinay Goel and Ritesh Ahuja, Wald.ai is the context intelligence company that ensures private business information remains safe across AI platforms.
The Wald Context Intelligence platform connects businesses with AI assistants like ChatGPT, Gemini, Claude and Llama while protecting confidential data and managing regulatory compliance. The platform is context-aware, accurately redacting private information in business conversations while significantly reducing false positives and false negatives compared to existing DLP solutions.
Wald allows businesses to safely create content, generate code, or query documents, without exposing personally identifiable information (PII) or other proprietary data. The technology provides seamless access to leading AI models, as well as the ability to create secure Custom Assistants using internal knowledge bases.
All user data Wald processes is end-to-end encrypted to ensure that no one can ever access the data, including Wald. Wald has found that almost a third of all business conversations it processes include confidential data.
Wald Context Intelligence operates inline and redacts any sensitive or proprietary information, inserts intelligent data substitutions so the AI model can return optimal results, and then repopulates the sensitive data before presenting the query response seamlessly to the user.
Wald.ai allows generative AI to integrate into daily workflows, making it safe, accessible, affordable, and seamless for users. The Wald Context Intelligence platform is available as a B2B SaaS offering for business users as well as an API for developers. The platform includes an admin console for user management, audit logs and product usage metrics.
