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High Tech Seed Founded 2023

Verax

Verax AI develops an enterprise AI security platform that provides real-time visibility and policy enforcement across all generative AI activity. The platform's Verax Protect discovers shadow AI tools, enforces identity-aware access controls, and provides content-aware data leakage prevention using AI-driven semantic analysis. It inspects prompts and responses in real time to detect and prevent exposure of PII,…

📍 Dallas, United States · AI Infrastructure,

Funding snapshot

Last roundSeed
Amount$8M
Date30 October 2024
Total raised$8M
Team size17

About

Verax AI develops an enterprise AI security platform that provides real-time visibility and policy enforcement across all generative AI activity. The platform's Verax Protect discovers shadow AI tools, enforces identity-aware access controls, and provides content-aware data leakage prevention using AI-driven semantic analysis. It inspects prompts and responses in real time to detect and prevent exposure of PII, financial records, contracts, and source code. Founded in 2023 and headquartered in Dallas, Texas, the company has raised approximately $7.6M in seed funding. Verax differentiates itself by addressing the expanding AI threat surface including shadow AI discovery, sensitive data leakage, and policy bypass. The platform integrates into existing network architecture without agents, supporting GDPR, SOC 2, and ISO 27001 compliance frameworks, serving CISOs, infrastructure leaders, and compliance teams.

Business model

Cybersecurity > Data Security > Data Privacy > Access Control for LLMs,

AI Infrastructure > Enabling Technologies > Software > Access Control for LLMs

Team background

College Wise > Bar-Ilan University

Institutional investors

TQ Ventures XTX Markets Seedcamp InMotion Ventures Concept Ventures Cardumen Capital

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