CCredal.ai provides an enterprise AI platform focused on security and governance for building and deploying AI agents that collaborate on workflows with internal data. It connects to data sources like G Suite, Salesforce, and Slack as a secure data layer, letting AI models access information only within the original user permissions and adding features like PII redaction and granular audit logs. The platform supports Retrieval-Augmented Generation and offers a backward-compatible API for OpenAI and Anthropic models, with options for cloud or on-premise deployment and SOC 2 Type 2 compliance. Its goal is to enable large-scale use of generative AI in enterprises without risking exposure of sensitive information by offering a trusted, auditable, and compliant data layer.
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Total Funding
$4.9M
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Founded
2022
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Credal.ai, a Y Combinator-backed startup that gives enterprises a way to connect their internal data to text-generating, cloud-hosted AI models, has raised $4.8 million in a seed round led by Spark Capital.
Credal.ai, a startup building a platform to connect company data sources to LLMs, has raised new capital in a seed round.
With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 10/28 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Siro, Revv, Sage, and much, much more.Sage – $15MSage, a care coordination platform for older adults living in senior living communities, has raised $15M in Series A funding from investors that include Maveron, ANIMO Ventures, Goldcrest Capital, and Distributed Ventures. Founded by Raj Mehra and Ellen Johnston in 2020, Sage has now raised a total of $24M in reported equity funding.Siro – $14MSiro, an AI-powered coaching platform for field service professionals, has raised $14M in Series A funding from investors that include Index Ventures, CRV, Fika Ventures, Des Traynor, and Cailen D’Sa. Founded by Jake Cronin and Joseph Jordan in 2020, Siro has now raised a total of $18M in reported equity funding.OnSiteIQ – $14MOnSiteIQ, a construction intelligence platform for commercial real estate investors, has raised $14M in Series B funding from investors that include Interplay, Vertical Venture Partners, and RET Ventures. Founded by Ardalan Khosrowpour and John Mollis in 2017, OnSiteIQ has now raised a total of $36.4M in reported equity funding.The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond
Sitting through hundreds of startups on YC Demo Days, you’re not always sure whether you are actually perceiving patterns or if your brain, as coffee battles with monotony, is inventing them in a kind of pareidolia for business plans. This year, though, the theme was pretty obvious: “AI can do that, probably! Maybe.”Certainly today’s AI models are more capable than yesterday’s, and yesteryear’s. But we’ve seen over and over how these systems demo well but fall down under systematic requirements or as tools with reliable and repeatable results.It’s hard not to see this batch as the precursors of a coming wave of AI-powered shovelware. Pick a use case, do a little fine tuning of an available model (no one actually builds their own), cherry pick some good examples for screenshots, and bolt on a prefab UI. Congratulations, you’re now the very first AI social media content generation platform for independent bars and restaurants in the Middle East and North Africa. Buy a couple hundred 5-star reviews and you’re on your way!Now, it’s not that restaurants in Cairo and Beirut couldn’t use a helpful tool to gain some traction online and attract new customers
Comics software, meat-based plants and Tesla spun-out heat pumps, anyone?
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Industries
Company Size
N/A
Company Stage
Seed
Total Funding
$4.9M
Headquarters
New York City, New York
Founded
2022
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