Forward deployed AI company AuxoAI has raised $20.7 million in a Series A funding round led by NTTVC, a Silicon Valley based venture capital firm backed by Japanese technology conglomerate NTT. The round also saw participation from George Still Jr., Amit Zavery and Giacomo Sonnino.
Earlier this year, AuxoAI was named one of the select AI Pureplay Partners at Google Next as part of Google’s $750 million investment in enterprise AI deployment.
The company will use the fresh funds to expand its global forward deployed teams, invest in proprietary technology and AI native delivery capabilities, and scale its presence and strategic ecosystem, AuxoAI said in a press release.
Founded in 2023 by Amaresh Tripathy, Arvinder Pal Singh and Kabir Singh, AuxoAI works with large global enterprises to identify AI use cases, redesign workflows and build production ready systems aimed at delivering measurable business outcomes.
The company deploys teams of AI strategists and engineers who work alongside clients to understand their business operations, identify opportunities for AI adoption and develop systems for use in production environments.
AuxoAI also offers Damia, its proprietary forward deployed engineering (FDE) workbench, which it says incorporates learnings from multiple enterprise AI deployments to accelerate implementation. The company is a Google Gemini Enterprise transformation partner and an AWS Advanced Tier partner.
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