Enkrypt AI

Founded in 2022 and headquartered in Boston, US, Enkrypt AI focuses on enhancing AI security for enterprises. The founding team includes Prashanth Harshangi and Sahil Agarwal, who bring experience in technology and innovation.Enkrypt AI offers a comprehensive AI security platform designed to safeguard various applications, particularly in text, image, and voice formats. Their core product focuses on automatically detecting, removing, and monitoring threats within AI systems, facilitating secure deployment of generative AI applications while maintaining compliance with industry standards such as HIPAA. The platform assures users that their AI chatbots, particularly in sectors like insurance and tax services, are reliable and compliant with relevant regulations.Enkrypt AI generates revenue through a subscription-based model, where clients engage with their platform for ongoing access to security services and features. Typical transactions involve enterprises subscribing to various tiers of the platform, which may include access to flagship offerings such as customized threat detection and compliance management tools. Clients consist of businesses in highly regulated industries that require stringent security measures for their AI applications. The transaction structure is primarily B2B, with partnerships formed to integrate Enkrypt AI’s solutions into existing infrastructures. The company plans to introduce new products aimed at improving AI security and compliance in upcoming months, targeting specific markets in North America and Europe for expansion. This strategic move is expected to solidify their position in the AI security sector while catering to the growing needs of enterprises in these regions.

1. Seed

   Feb 27, 2024

   Amount

   $2.4M

   Investors

   Locked