Startup secures $10M in Funding to Streamline and Secure Enterprise AI Use at Scale
Singulr AI launched today with the general availability of its enterprise AI governance and security platform, already deployed across companies in the technology, finance, and healthcare sectors. The startup also announced $10 million in seed financing led by Nexus Venture Partners and Dell Technologies Capital, with participation from leading industry executives.
The enterprise AI surge is real. In live customer environments, Singulr consistently discovers 500+ unique AI services and models in use, with many of them redundant. Over three out of four employees use unapproved “Shadow AI” tools, often linked to personal accounts that expose enterprise IP. This dynamic threat will force organizations to balance rapid AI deployment against security risks and rising costs. Further, the rise of agentic AI increases complexity, making enterprise-grade governance essential for scaling AI operations.
Singulr helps customers get ahead and stay ahead of AI adoption with:
- Continuous discovery of all AI-in-use, including homegrown LLM applications and agents, public AI services, and embedded AI in SaaS applications, along with deep contextual insights into application settings, user activity, and sensitive data exposure in prompts or uploaded files.
- Rapid AI onboarding with automated risk scoring of AI services and models so that teams can quickly vet and approve new requests, unsanctioned use, or changes in models, dataset, or applications.
- Continuous AI-powered protection using context-aware policies and enforcement that allows organizations to permit, restrict, warn, redact, and trigger security tickets and workflows.
Using a single platform, CIO and IT operations teams can rationalize their AI service inventory and reduce unnecessary spend, while CISO and risk teams can streamline the onboarding of safe AI use cases while implementing granular policies to prevent data leakage and shadow AI.
“Companies are experiencing explosive growth in AI adoption across employees, partners, and vendors – but this surge comes with mounting security risks and costs,” said Shiv Agarwal, CEO and Co-founder of Singulr. “Through our extensive market research, we recognized that the broad use of generative AI technology is a complex problem needing an enterprise-grade solution to scale and secure. We started Singulr to help enterprises rapidly adopt and operationalize powerful new AI technologies while managing costs and minimizing risk.”
Founders Shiv Agarwal and Abhijit Sharma, who previously built Arkin Net (acquired by VMware), reunited the team to build Singulr. In just one year, they have gone from a concept to a generally available solution that integrates seamlessly into enterprise environments without requiring infrastructure changes. Singulr is launching with SOC 2 and ISO 27001 compliance, ensuring enterprise-grade security and trust.
“AI is transforming business with a new technology stack, evolving usage patterns, and unprecedented risks—forcing companies to rethink how they do security and governance,” said Jishnu Bhattacharjee, Managing Director at Nexus Venture Partners. “The Singulr team has a proven track record of solving complex, enterprise-scale problems and is launching a proven solution that enables businesses to efficiently and safely harness AI’s potential. I’m excited to partner with Shiv and the team again as they establish Singulr as the category leader.”
“This is the year the enterprise moves from experimenting with AI to leveraging its potential for pivotal business challenges. However, this adoption brings complex operational and security challenges requiring a systems approach—from developer experience to endpoint defense,” said Raman Khanna, managing director at Dell Technologies Capital. “The Singulr team has a proven track record of taking on enterprise challenges at Arkin and VMware and are well-equipped to do so again.”
Companies interested in safe and cost-effective AI use can request a sample Instant AI Audit report or an AI Audit assessment at https://singulr.ai/sample-report.
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