Enkrypt AI was founded by Yale PhDs Sahil Agarwal and Prashanth Harshangi in 2023. The company claims that its technology can accelerate the adoption of generative AI for enterprises by up to 10 times by handling safety and security roadblocks. The Sentry technology has reportedly reduced vulnerabilities in one Fortune 500 company's model from 6% to 0.6%, enabling faster adoption of LLMs. Enkrypt plans to further develop this solution and demonstrate its effectiveness across different models and environments.
Key takeaways:
- Enkrypt AI, a Boston-based startup, has raised $2.35 million in a seed round of funding for its control layer that ensures the safe use of generative AI.
- The company's product, Sentry, is an all-in-one solution that provides visibility and oversight of AI usage, protects sensitive information, and manages compliance with automated monitoring and strict access controls.
- Enkrypt's Sentry technology has been tested by mid to large-sized enterprises in regulated industries and has shown significant reduction in generative AI vulnerabilities.
- The company is now planning to build and take this solution to more enterprises, demonstrating its capability and viability across different models and environments.