Verax AI
Enterprise-grade Software Solutions that Ensure Visibility and Control of AI in Production
StartupVerax AI is a Ramat Gan-based startup in the Business Software sector, established in 2024. Enterprise-grade Software Solutions that Ensure Visibility and Control of AI in Production. The company has raised a total of $7.6M across 1 funding round, currently at the Seed stage. Verax AI was founded by Leonid Feinberg. Key investors include TQ Ventures, XTX Ventures, Cardumen Capital, among 6 total investors. The company has 11-50 employees. Core technologies: Artificial Intelligence, Machine Learning.
With $7.6M in total funding, Verax AI is a Seed-stage company operating in Business Software. The company follows a B2B business model. Product stage: Released.
- StageSeed
- ProductReleased
- ModelB2B
- Employees11-50
- HQRamat Gan
- DistrictCenter District
- Last Round$7.6M
- TQ VenturesLead
- XTX Ventures
- Cardumen Capital
6 investors total
Leonid FeinbergCo-founder & CEO
2 articles covered by sources including www.calcalistech.com.
What does Verax AI do?
Verax.ai specializes in developing advanced AI-powered solutions that address the needs of companies seeking robust fraud detection and risk management capabilities. Through sophisticated machine learning algorithms, Verax.ai’s platform analyzes large datasets in real time, identifying complex patterns and anomalies that signal potential fraudulent activity or operational risks. The technology is designed to proactively secure financial ecosystems, ensuring organizations can respond swiftly to emerging threats and make informed decisions based on predictive insights. The Verax.ai platform integrates seamlessly with various business operations, transforming data into actionable intelligence without disrupting workflows. By continuously monitoring and assessing risk factors, it empowers companies to implement preemptive strategies that mitigate potential losses and reinforce trust within their financial structures. Tailored for adaptability, Verax.ai’s solution is applicable across sectors with high exposure to risk, such as banking, insurance, and fintech, making it a vital tool for organizations aiming to uphold stringent security standards in an increasingly complex threat landscape.
How much funding has Verax AI raised?
Verax AI has raised $7.6M in total funding across 1 rounds. The company is currently at the Seed stage. Key investors include TQ Ventures, XTX Ventures, Cardumen Capital.
Who founded Verax AI?
Verax AI was founded in 2024 by Leonid Feinberg (Co-founder & CEO).
What sector is Verax AI in?
Verax AI operates in Business Software, IT, R&D & Data Solutions, Software Development Tools, with core technologies in Artificial Intelligence, Machine Learning. Target customers: Enterprise & Professional Services, Software Development.
Where is Verax AI located?
Verax AI is based in Derech Menachem Begin 11, Ramat Gan, Israel, Center District. The company also has offices abroad.