Skan AI Secures $63M in Funding and Announces Enterprise AI Platform Launch

Skan AI, a leader in enterprise AI, has raised $63 million in funding led by Cathay Innovation and Dell Technologies Capital, with participation from Citi Ventures, Bloomberg Beta, State Farm Ventures®, and Wipro Ventures. Alongside this funding, the company has launched its enterprise AI platform, including Skan AI Blueprint and Skan AI Agents. CEO Avinash Misra emphasized the importance of building a better navigation system for AI, rather than just focusing on improving the technology itself.

The company's products—Skan AI Blueprint, Skan AI Agents, and Skan AI Intelligence—aim to provide businesses with a comprehensive platform for deploying AI that is grounded in real work context. Skan AI has experienced significant growth, with a 300% increase in the past year, and has achieved an average net dollar retention of 150%. The company has processed over 25 billion work signals and has established partnerships with several major US banks and the University of Missouri.

Skan AI's platform, powered by NVIDIA AI Enterprise and NVIDIA NIM microservices, is designed to deliver sustainable, reliable, and measurable AI outcomes by capturing real work context. By observing and analyzing work processes, Skan AI has been able to help a top US bank uncover $37 million in operational friction, leading to significant cost reductions and increased efficiency. The company has received praise from partners such as NVIDIA and Mitie for its ability to provide operational visibility and accelerate AI transformation. Investors, including Dell Technologies Capital and State Farm Ventures®, have expressed confidence in Skan AI's potential to help organizations deploy AI more effectively and achieve measurable impact. Skan AI's platform is recognized for its ability to help businesses improve collaboration, increase productivity, and maximize the value of everyday technologies.

Skan AI's CEO, Avinash Misra, highlights the company's role as the context graph of work for enterprise AI, providing insight into how work truly happens across various systems and applications. The company has received clearance from leading Fortune 50 banks, insurance carriers, and healthcare organizations, where traditional AI tools often face limitations. With a strong track record of delivering operational savings and customer value, Skan AI continues to be a trusted solution for enterprise AI.