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§ Private Profile · London, United Kingdom
Verax AI is a technology company.
Verax AI develops an enterprise AI security platform designed to secure the use of generative AI across organizations. The company's core product offers in-network enforcement, identity-aware access control, and real-time data protection to manage AI tool usage. This platform provides comprehensive visibility and control over large language models, enabling enterprises to safely integrate AI while maintaining governance standards.
The company was founded by Leonid Feinberg, who serves as CEO, and Oren Gev, the CTO. They identified a critical need for organizations to gain visibility, control, and protection over their AI deployments as generative AI tools became more prevalent. This insight led them to establish Verax AI, aiming to bridge the gap between AI innovation and secure enterprise adoption.
Verax AI primarily serves large enterprises, particularly those in highly regulated industries, by ensuring compliant and responsible AI adoption. The company's vision centers on fostering trust in AI within business environments by providing the necessary governance and security infrastructure. It strives to empower organizations to unlock the benefits of artificial intelligence without compromising on data privacy or security.
Verax AI has raised $8.0M across 1 funding round.
Verax AI has raised $8.0M in total across 1 funding round.
Verax AI is a B2B software company building enterprise-grade trust and control solutions for Generative AI, acting as a data-driven control center for Large Language Models (LLMs).[1][2][3][5] It serves large organizations in regulated environments, solving key barriers to AI adoption like hallucinations, data leakage, inaccuracies, biases, and compliance risks by providing real-time visibility, automatic detection, correction, and governance.[1][2][4][5][6] Products include Verax Protect (prevents data leakage and ensures compliance), Verax Control (verifies safe AI with real-time fixes), and Verax Explore (unlocks behavioral insights for optimization).[5] The company raised $7.6 million in seed funding, signaling strong early momentum amid rising enterprise AI needs.[6]
Verax AI was founded by Leo Feinberg and Oren Gev, experienced entrepreneurs with deep backgrounds in enterprise software and B2B deep tech.[1][4] The idea emerged from recognizing untapped Generative AI potential in corporations, hindered by low adoption due to LLM unpredictability, lack of visibility, and risks like hallucinations and data leakage.[2][3] Before building, the founders validated demand through their network of Chief Information Security Officers across industries, confirming universal need for LLM oversight.[4] Early traction came from this market fit, with leadership in the UK and US, R&D in Israel, and rapid seed funding from investors like InMotion Ventures and Concept Ventures.[4][6] Pivotal moments include deploying their control center as an intermediary layer for production environments, tracing AI outputs to data sources.[4]
Verax rides the explosive growth of enterprise Generative AI adoption, where low uptake stems from trust gaps despite massive potential for efficiency and innovation.[2][3][6] Timing is ideal as regulations tighten (e.g., data privacy, ethical AI) and incidents like leaks erode confidence, creating demand for production-grade safeguards absent in current tools.[4][5][7] Market forces favoring Verax include rising CEO concerns over AI risks, the shift from development to live deployment challenges, and investor bets on "responsible AI" infrastructure.[4][6] It influences the ecosystem by setting standards for verified AI, empowering enterprises to lead ethical practices, boost ROI on LLMs, and accelerate broader AI integration across industries.[2][3]
Verax is poised to dominate the AI trust layer as enterprises scale LLM deployments, with expansions likely in advanced analytics, multi-model support, and global compliance features.[3][5] Trends like stricter AI regulations, hybrid cloud AI growth, and demand for ethical tools will propel it, potentially capturing a slice of the booming AI governance market.[7] Its influence may evolve from niche control center to ecosystem standard, enabling unchecked AI flourishing while founders' networks fuel engineering and partnerships—turning today's seed momentum into category leadership, much like how it unlocks LLM potential for confident enterprise use.[2][4][6]
Verax AI has raised $8.0M in total across 1 funding round.
Verax AI's investors include TQ Ventures, Flying Fish Partners.
Verax AI has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Seed in October 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2024 | $8M Seed | TQ Ventures | Flying Fish Partners | Announced |