Choose Rich Live
Tech

AuxoAI raises $20.7 million Series A round to scale enterprise AI platform

San Francisco enterprise AI startup AuxoAI has raised $20.7 million in a Series A round led by NTT Venture Capital to expand its engineering teams and enterprise platform.

A group portrait of the three co-founders of AuxoAI dressed in suits against a dark grey background.
Image: @TFNBreakingNews

AuxoAI has secured $20.7 million in a Series A funding round led by NTT Venture Capital, Tech Funding News reported. SiliconANGLE reported that the company aims to bring artificial intelligence expertise into enterprise settings and redesign how work gets done.[2][4][5][1]

Three strategic investors participated in the round: George Still Jr., partner emeritus at Norwest Venture Partners and a longtime Workday board member; Amit Zavery, president, chief product officer, and chief operating officer at ServiceNow; and Giacomo Sonnino, managing director at Charlesbank Capital Partners and former COO of QuantumBlack North America.[4]

Founded in 2023 by Avaneesh Tripathi, Avinder Pal Singh, and Kabir Singh, the San Francisco-based startup builds custom AI workflows by combining enterprise knowledge with AI strategists and engineers, according to Inc42. AuxoAI plans to use the proceeds to grow its forward deployed engineer team, deepen partnerships, and scale Damia, its enterprise AI platform.[3]

Key facts

  • AuxoAI closed a $20.7 million Series A funding round led by NTT Venture Capital (NTTVC).
  • The financing included strategic investments from George Still Jr., Amit Zavery, and Giacomo Sonnino.
  • AuxoAI was founded in 2023 by Avaneesh Tripathi, Avinder Pal Singh, and Kabir Singh.
  • The startup is based in San Francisco.
  • The funds are intended to expand AuxoAI's forward deployed engineer team, deepen partnerships, and scale Damia, its enterprise AI platform.

Sources · 5 sources

  1. AI

    Analytics Insight@analyticsinmePost on X ·

    𝗔𝘂𝘅𝗼𝗔𝗜 को मिला 𝟮𝟬.𝟳 मिलियन डॉलर, 𝗔𝗜 को मिलेगी नई उड़ान AI कंपनी AuxoAI को 20.7 मिलियन डॉलर की नई फंडिंग मिली है। जानें इस निवेश से कंपनी की योजनाओं और AI तकनीक को कैसे बढ़ावा मिलेगा। #AuxoAI #SeriesA #NTTVC #EnterpriseAI #ForwardDeployedAI #AIStartups #AnalyticsInsightHindi Read More 👇 https://t.co/Wira4W4dTi

    Open source
  2. SI

    SiliconANGLE@SiliconANGLEPost on X ·

    AuxoAI raises over $20M to bring AI expertise to the enterprise and redesign how work gets done https://t.co/hTeB60MzDT

    Open source
  3. IN

    Inc42@Inc42Post on X ·

    Enterprise AI Startup AuxoAI Raises $20.7 Mn In Series A Round. 👇 San Francisco-based Startup has raised $20.7 Mn in a Series A round led by NTTVC to expand its forward deployed engineer (FDE) team, deepen partnerships and scale its enterprise AI platform, Damia. Founded in 2023 by Avaneesh Tripathi, Avinder Pal Singh and Kabir Singh, AuxoAI helps enterprises build custom AI workflows by combining AI strategists, engineers and enterprise-specific knowledge. 🔗 How is AuxoAI helping enterprises turn AI into business outcomes? Read the full story here: https://t.co/44oSO9kgIO #AuxoAI #EnterpriseAI #AIEconomy #StartupFunding #News

    Open source
  4. TF

    Tech Funding News@TFNBreakingNewsPost on X ·

    💰@AuxoAI has closed a $20.7 million Series A led by @nttventurecap. https://t.co/OGbdY4xbJ0 Three strategic investors joined the round: George Still Jr., partner emeritus at Norwest Venture Partners and a longtime Workday board member; Amit Zavery, president, chief product officer and chief operating officer at ServiceNow; and Giacomo Sonnino, a managing director at Charlesbank Capital Partners and former chief operating officer of QuantumBlack North America. #ai #funding #ustech #innovation #investment #enterpriseai #technology #startups

    Open source
  5. TS

    The SaaS News@TheSaaSNewsPost on X ·

    AuxoAI Raises $20.7M Series A #AI #EnterpriseAI #ForwardDeployedAI #AISolutions #SeriesA #Funding #AuxoAI https://t.co/gYKBMHCfSS

    Open source