AuxoAI Raises $20.7 Million to Expand Its Enterprise AI Business
San Francisco-based startup AuxoAI has raised $20.7 million in a
Series A funding round led by NTTVC. The round also includes participation from technology executives George Still Jr., Amit Zavery and Giacomo Sonnino, who are joining the company as strategic investors and advisors.
Founded in 2023 by Amaresh Tripathy, Arvinder Pal Singh and Kabir Singh, AuxoAI helps large businesses bring artificial intelligence into their daily operations. Its teams of AI strategists and engineers work alongside clients to understand business processes and develop AI systems designed for real-world use. The company also uses Damia, its proprietary workbench, to support enterprise AI deployments.
The startup says it has worked with more than 40 clients across sectors including manufacturing, healthcare, consumer goods and telecommunications. It plans to use the fresh funding to expand its global team, invest in its technology and AI delivery capabilities, and strengthen its strategic partnerships as it grows its enterprise AI business.
