Singulr AI raised $10 M Seed funding from Nexus and Dell Technologies Capital

Nexus Venture Partners and Dell Technologies Capital led the $10 million seed round for enterprise AI startup Singulr AI.

Additionally, it has made its enterprise AI governance and security platform, which is already in use by businesses in the technology, financial, and healthcare industries, generally available.

Singulr AI, which was founded in 2023 by Shiv Agarwal and Abhijit Sharma, gives IT, security, and technology teams the resources they need to safely implement AI on a large scale.

According to the startup, by lowering needless AI use, its governance and security platform helps businesses save money. In order to prevent data leaks when employees upload files or enter prompts, it also monitors how they use AI systems, models, and apps.

CIO and IT operations teams can streamline the onboarding of safe AI use cases and cut down on wasteful spending by using the Singulr AI platform. Meanwhile, CISO and risk teams can put in place granular policies to stop data leaks and shadow AI.

The startup, which is based in Palo Alto and Pune, is launching with enterprise-grade security and trust due to SOC 2 and ISO 27001 compliance.