AuxoAI, a startup focused on enterprise AI deployment, has secured $20.7 million in a Series A funding round. The investment was led by NTTVC, a venture firm established in partnership with the Japanese telecommunications group NTT.
The round included participation from three strategic investors: George Still Jr. of Norwest Venture Partners, Amit Zavery from ServiceNow, and Giacomo Sonnino of Charlesbank Capital Partners. The company plans to use the capital to expand its global workforce, develop proprietary technology, and grow its partner network.
Founded in 2023 by Amaresh Tripathy, Arvinder Pal Singh, and Kabir Singh, the company provides teams of forward-deployed engineers to integrate AI into business operations. AuxoAI has already served over 40 clients across sectors such as healthcare, manufacturing, and telecommunications.
The startup utilizes a platform called Damia to accelerate deployment processes. AuxoAI maintains partner status with Google Cloud and Amazon Web Services, and it is part of the Gemini Enterprise transformation program.
