Nexos.ai Secures $35M to Revolutionize Enterprise AI Adoption with Revolutionary Security Solution
Lithuanian Entrepreneur Duo Closes €30 Million Series A Funding Round for Nexos.ai
Tomas Okmanas and Eimantas Sabaliauskas, the founder duo behind Nord Security’s recent spinoff, Nexos.ai, have successfully secured a significant funding boost for their innovative enterprise platform. The €30 million Series A investment, led by Index Ventures and co-led by Evantic Capital, values the company at approximately $35 million. This development comes just months after Nexos.ai emerged from stealth mode with an $8 million funding round.
Addressing Corporate Data Leaks through AI Adoption
Okmanas, a well-known entrepreneur and cybersecurity expert, expressed his concern that most enterprise companies are struggling to balance their desire for AI-driven productivity gains with the need to ensure data security. In his view, the biggest corporate data leak in progress is not a malicious attack but rather employees’ unauthorized uploads of sensitive information to Large Language Models (LLMs). Rather than restricting AI adoption, Okmanas aims to establish Nexos.ai as a neutral intermediary platform, serving as a "Switzerland for LLMs." This concept positions the company as a middle layer between teams and AI tools, designed to maintain control over data while facilitating the productivity enhancements that boards are hesitant to pursue.
Nexos.ai’s Unique Value Proposition
The founders’ vision is centered around solving the critical enterprise problem of adopting AI securely. By leveraging their expertise in cybersecurity and AI, they have developed a platform that aims to prevent data leaks by controlling access and managing sensitive information. The platform consists of two primary components: an AI Workspace interface for employees and an AI Gateway for developers. The gateway provides a central control layer for security, cost management, and compliance oversight, addressing one of the key barriers to AI adoption—fragmentation.
Funding and Growth Plans
The new funding round raises Nexos.ai’s valuation to €300 million ($350 million) and underscores the confidence investors have in the company’s mission. The investment is led by Evantic Capital’s "Legends" network, a group of operators who advise portfolio startups in exchange for a share of the fund’s profits. Okmanas has stated that he benefits from the guidance and expertise provided through this network. According to him, the new capital will be used to accelerate support for private models dealing with sensitive data, expand into regulated industries, and strengthen governance within tech-savvy companies.
Target Market and Challenges Ahead
Current efforts focus on helping companies operating in tech-intensive sectors or those subject to specific regulations adopt AI securely. Okmanas anticipates that traditional businesses will need significant education about how to integrate AI effectively. He notes that his team is conducting 50 to 60 demo calls weekly, highlighting the need for solutions like Nexos.ai. Despite these challenges, the founders are optimistic about the potential of their platform and the mission to remove barriers to broader AI adoption.
Expanding Across Europe and North America
With its expanded funding, Nexos.ai plans to expand across Europe and North America, targeting key markets where data sovereignty concerns have sparked interest in secure AI solutions. Okmanas identifies his company’s role as catalysts for businesses willing to adopt AI securely, emphasizing the success of AI-driven projects within their own portfolio companies.
Conclusion
The €30 million funding for Nexos.ai marks a significant step towards making AI more accessible and secure for enterprise companies. With seasoned founders at the helm, addressing corporate data leaks through AI adoption is not just a vision but a tangible reality. As Tomas Okmanas emphasizes the importance of governance and control in AI utilization, Nexos.ai sets out to revolutionize how businesses leverage technology without compromising their most valuable assets—data.
Nexos.ai Secures $35M to Revolutionize Enterprise AI Adoption with Revolutionary Security Solution
Lithuanian Entrepreneur Duo Closes €30 Million Series A Funding Round for Nexos.ai
Tomas Okmanas and Eimantas Sabaliauskas, the founder duo behind Nord Security’s recent spinoff, Nexos.ai, have successfully secured a significant funding boost for their innovative enterprise platform. The €30 million Series A investment, led by Index Ventures and co-led by Evantic Capital, values the company at approximately $35 million. This development comes just months after Nexos.ai emerged from stealth mode with an $8 million funding round.
Addressing Corporate Data Leaks through AI Adoption
Okmanas, a well-known entrepreneur and cybersecurity expert, expressed his concern that most enterprise companies are struggling to balance their desire for AI-driven productivity gains with the need to ensure data security. In his view, the biggest corporate data leak in progress is not a malicious attack but rather employees’ unauthorized uploads of sensitive information to Large Language Models (LLMs). Rather than restricting AI adoption, Okmanas aims to establish Nexos.ai as a neutral intermediary platform, serving as a "Switzerland for LLMs." This concept positions the company as a middle layer between teams and AI tools, designed to maintain control over data while facilitating the productivity enhancements that boards are hesitant to pursue.
Nexos.ai’s Unique Value Proposition
The founders’ vision is centered around solving the critical enterprise problem of adopting AI securely. By leveraging their expertise in cybersecurity and AI, they have developed a platform that aims to prevent data leaks by controlling access and managing sensitive information. The platform consists of two primary components: an AI Workspace interface for employees and an AI Gateway for developers. The gateway provides a central control layer for security, cost management, and compliance oversight, addressing one of the key barriers to AI adoption—fragmentation.
Funding and Growth Plans
The new funding round raises Nexos.ai’s valuation to €300 million ($350 million) and underscores the confidence investors have in the company’s mission. The investment is led by Evantic Capital’s "Legends" network, a group of operators who advise portfolio startups in exchange for a share of the fund’s profits. Okmanas has stated that he benefits from the guidance and expertise provided through this network. According to him, the new capital will be used to accelerate support for private models dealing with sensitive data, expand into regulated industries, and strengthen governance within tech-savvy companies.
Target Market and Challenges Ahead
Current efforts focus on helping companies operating in tech-intensive sectors or those subject to specific regulations adopt AI securely. Okmanas anticipates that traditional businesses will need significant education about how to integrate AI effectively. He notes that his team is conducting 50 to 60 demo calls weekly, highlighting the need for solutions like Nexos.ai. Despite these challenges, the founders are optimistic about the potential of their platform and the mission to remove barriers to broader AI adoption.
Expanding Across Europe and North America
With its expanded funding, Nexos.ai plans to expand across Europe and North America, targeting key markets where data sovereignty concerns have sparked interest in secure AI solutions. Okmanas identifies his company’s role as catalysts for businesses willing to adopt AI securely, emphasizing the success of AI-driven projects within their own portfolio companies.
Conclusion
The €30 million funding for Nexos.ai marks a significant step towards making AI more accessible and secure for enterprise companies. With seasoned founders at the helm, addressing corporate data leaks through AI adoption is not just a vision but a tangible reality. As Tomas Okmanas emphasizes the importance of governance and control in AI utilization, Nexos.ai sets out to revolutionize how businesses leverage technology without compromising their most valuable assets—data.