Nace.AI, a Palo Alto, CA-based AI company that provides an AI agent for audit and compliance, has emerged from stealth with $5 million in funding.
Investors
The round was led by General Catalyst, a venture capital firm focused on investing in transformative, enduring change. With offices in San Francisco, New York City, London, Berlin, Bangalore, and Boston, it supports founders from the seed to growth stages, partnering with entrepreneurs who challenge the status quo to build lasting businesses.
Nace.AI Use of Funds
The company will use the funds to develop its MetaModel 1 platform further, expand its AI solutions into industries such as healthcare, manufacturing, and insurance, and accelerate the adoption of its AI-powered audit and compliance agent, NAVI.
About Nace.AI
Nace.AI specializes in precision-driven enterprise models. Its AI model generation system, MetaModel 1, dynamically creates small, task-specific language models for enterprises. The company's first product, NAVI (Nace Verification Intelligence), is an AI agent designed for audit and compliance. NAVI leverages task-specific models powered by MetaModel 1 to deliver real-time insights by detecting risks, discrepancies, and compliance violations. Nace.AI's mission is to build trustworthy AI systems that autonomously manage company processes.
Funding Details
Company: Nace.AI
Raised: $5.0M
Round: Unknown
Funding Date: March 2025
Lead Investor: General Catalyst
Additional Investors:
Company Website: https://nace.ai/
Software Category: Enterprise AI
Source: https://www.globenewswire.com/news-release/2025/03/24/3047550/0/en/Nace-AI-Emerges-from-Stealth-with-MetaModel-an-AI-System-That-Generates-Task-Specific-Models-for-Enterprise.html