PVML, a Tel Aviv, Israel-based AI-powered data access platform, has secured $8 million in seed funding.
Investors
The round was led by NFX, with participation from FJ Labs and Gefen Capital.
NFX is a venture capital firm investing in pre-seed and seed-stage startups. Based in San Francisco, California, the firm seeks to invest in the bio, gaming, generative AI, proptech, space, fintech, marketspaces, and crypto sectors across the United States, Europe, Latin America, and Israel.
PVML Use of Funds
The company will use the funding to enhance its platform, expand brand awareness, and accelerate adoption among organizations seeking secure and AI-powered data access solutions.
About PVML
Founded in 2022 by Shachar Schnapp and Rina Galperin, PVML is a company that provides a data access platform that offers trustworthy AI-powered interfaces to enterprise data, secured by Differential Privacy. PVML helps connect, provide access, and guarantee privacy across multiple data sources, unlocking live insights even from sensitive data. PVML's platform also incorporates advanced RAG (Retrieval Augmented Generation) technology, enabling secure access to structured and unstructured data. By anchoring secure generative AI access to enterprise data, PVML ensures reliable answers without compromising privacy.
Funding Details
Company: PVML
Raised: $8.0M
Round: Seed Round
Funding Month: April 2024
Lead Investor: NFX
Additional Investors: FJ Labs, Gefen Capital
Company Website: https://pvml.com/
Software Category: Data Access Platform
Source: Ronny Hassid