2 years ago

Belfast's Enzai Secures $4 Million Seed Funding for AI Governance Platform

  • Enzai, a Belfast-based startup providing AI governance software, has raised USD 4 million in Seed funding led by Cavalry Ventures with participation from Seedcamp, Techstart Ventures, Paul Forster, Jonathan Kewley, Sam Gill, and Alexandre Berriche

  • The funding will be used to build out engineering capabilities and support route-to-market efforts

  • Enzai offers an AI governance software platform that helps organizations understand and manage AI risks while meeting regulatory obligations, ensuring responsible AI development, deployment, and usage.

      • ProblemTechnology

      "Companies are struggling to manage the risks and regulatory complexities associated with developing, deploying, and using AI responsibly. Existing solutions lack the functionality to adequately assess and manage these risks."

      Solution

      "Enzai provides a comprehensive AI governance software platform that helps organizations understand and manage the risks of AI, comply with regulations, and ensure responsible development and use. The platform helps organizations build an inventory of their AI systems, apply policies and procedures, and measure compliance in real-time. The platform also features a 'Controls' tool that allows cross-functional teams to collaborate and conduct assessments of AI systems."

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