Multyx

Company Overview

Snapshot

Founded in February 2022 by Ophir Holder and Noam Shalev, Multyx operates with 1–10 employees. In March 2025, the company announced a strategic partnership with Harel Insurance and Finance Group to enhance AI capabilities in the cloud.

Business overview

Multyx offers an Enterprise SaaS Platform designed for sensitive data collaboration and AI partnerships. Its core technology, built on Confidential Computing, enables financial institutions and ecosystem partners to securely analyze sensitive data, AI, and GenAI/LLM applications. The platform serves markets such as financial services, including insurance and banking, and broader enterprise sectors, facilitating use cases like evaluating AI solutions from external vendors, acting as a Data Clean Room for marketing, and creating risk models across multiple regions while preserving data confidentiality.

Strategic signal

In March 2025, Multyx announced a partnership with Harel Insurance and Finance Group to advance AI capabilities within the cloud. This collaboration signals strong market validation for Multyx's Confidential Computing-based platform, demonstrating its utility in enabling secure and efficient AI integration for large financial institutions. For investors, it highlights Multyx's ability to secure significant partnerships and drive adoption in a highly regulated industry, pointing to potential for accelerated growth and market penetration.

Company Intelligence Q&A

What is Multyx's primary offering?

Multyx provides an Enterprise SaaS Platform for sensitive data collaboration and AI partnerships, enabling secure analysis of sensitive data, AI, and GenAI/LLM applications using Confidential Computing technology.

When was Multyx founded and by whom?

Multyx was founded in February 2022 by Ophir Holder and Noam Shalev.

Which industries does Multyx primarily serve?

Multyx primarily serves financial institutions, including banks and insurance companies, as well as broader enterprise sectors, focusing on secure data collaboration and AI integration.

What was a significant recent partnership for Multyx?

In March 2025, Multyx partnered with Harel Insurance and Finance Group to enhance AI capabilities in the cloud, demonstrating the platform's value in secure AI transformation for the insurance industry.

What technology underpins Multyx's platform?

Multyx's platform is built on Confidential Computing technology, supported by providers like AMD, NVIDIA, Azure, and AWS, to ensure data confidentiality and security during collaboration and AI processing.