# CitrusX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/citrusx

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.citrusx.ai/
- Total disclosed funding: $4.5M
- Latest round: Seed (Dec 11, 2023)
- Investors on record: 1

## About

Established in 2021 and based in Tel Aviv, Israel, CitrusX Ltd. operates as an end-to-end platform for AI transparency and explainability for publicly listed companies. Noa Srebrnik (CEO) and Gilad Manor (CTO) are the co-founders of the company. In December 2023, CitrusX Ltd. raised USD 4.5 million in seed funding led by AWZ Ventures.

The company provides Citrus?, which is an AI transparency and explainability platform designed to ensure the reliability, fairness, and interpretability of AI and machine learning models. The firm's solution facilitates the validation of models, identifies vulnerabilities, detects anomalies, and explains model decisions in understandable terms. Citrus? also aids in monitoring models in production to prevent performance deterioration, offering real-time insights into predictions, errors, and certainties. The platform's reports can be used by risk officers, model risk managers, executives, and regulators to validate models, analyze risks, comprehend decisions, and maintain regulatory compliance.

The company’s platform also ensures ethical AI governance by automating real-time reports and enabling compliance with regulatory standards. In addition, its customizable executive reports provide detailed analysis of model validation and monitoring, simplifying the management of multiple deployed models.

The organization plans to use the December 2023 funding to expand its operations and development efforts.

## Funding rounds

- Seed, Dec 11, 2023, $4.5M — AWZ Ventures

## Investors

- AWZ Ventures (https://capitalatlas.ai/funds/awz-ventures) — Seed