What Verax AI does

Verax AI is a New York-headquartered enterprise software company that provides a unified AI security and governance platform designed to give organizations real-time visibility and policy enforcement over all generative AI usage across their workforce. Its core product, Verax Protect (formerly Verax Control Center, launched October 2024), sits in the traffic path between users and external AI tools, evaluating every prompt and response against identity-, tool-, and content-based rules. The platform comprises four principal modules: Shadow AI Discovery (inventorying all generative AI tools and agents in use), Identity-Aware Access Control (role- and group-based policy enforcement tied to corporate identity), Content-Aware DLP (semantic inspection of prompts and responses for PII, PHI, financial records, source code, and custom data types), and Runtime Protection (real-time enforcement and accountability). Native integrations with Microsoft Entra ID, Okta, and Google Workspace provide identity sync, and deployment is on-premises via VM on customer infrastructure, enabling local data processing.

The company sells to CISOs, security leaders, infrastructure leaders, and compliance/risk teams at mid-to-large enterprises, with a vertical emphasis on healthtech vendors that must pass hospital AI security audits and maintain BAA-compliant controls. Pricing is quote-based enterprise subscriptions sold on annual cycles with capacity defined by license; the company also offers a free, agentless AI Risk Assessment as a product-led growth entry point. Verax operates a hybrid GTM combining direct enterprise field sales with self-service PLG evaluation. The company was founded in 2023 by Leo Feinberg (CEO, co-founder of CloudEndure, acquired by AWS for $250MM) and Oren Gev (CTO, ex-AWS engineering leadership), employs 11–50 people, and maintains offices in New York, Tel Aviv, and Cheltenham, UK. It has raised $7.6M in seed funding (October 2024, TQ Ventures lead).

Name

Verax AI

Legal name

Verax AI Inc.

Website

https://verax.ai

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Verax AI provides an enterprise AI security and governance platform that sits in-line between users and generative AI tools to enforce identity- and content-aware policies in real time. It serves CISOs, security leaders, and compliance teams at mid-to-large enterprises, with a particular focus on healthtech vendors.

Ownership category

akta.pro rank

Product category

Enterprise AI Security

NAICS

Software Publishers (5132), Security Systems Services (except Locksmiths) (561621), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG)

akta.pro secondary industries

Privacy-Preserving ML & Data Protection (e.g., federated learning, differential privacy) (HDAAAMAD), Privacy-Preserving Data (De-identification, Anonymization, PII Redaction) (HDAAALAG), Data Security & Privacy for Cloud (DLP, DSPM, Tokenization) (HDABAHAK)

Keywords

• Enterprise AI security
• Generative AI governance
• AI policy enforcement
• Shadow AI discovery
• AI data leakage prevention

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Enterprise Software Subscription: Verax Protect and Verax Control Center are enterprise software products sold as subscriptions. The platform is deployed on-premises or in customer infrastructure (VM-based deployment on Ubuntu 24.04 LTS) with customers uploading and activating licenses that define capacity and supported user counts.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Verax AI provides Verax Protect, an enterprise AI security platform that inspects and controls traffic between users and generative AI tools in real time. The platform delivers Shadow AI Discovery, identity-aware access control, content-aware DLP via semantic analysis, and runtime policy enforcement for sensitive data such as PII, PHI, financial records, source code, and proprietary documents. It is deployed within customer infrastructure and sold as a subscription to mid-to-large enterprises.

Product overview

Verax AI offers a unified enterprise AI security platform (Verax Protect) designed to provide visibility, control, and policy enforcement across all Generative AI usage within an organization. The platform consists of core protection capabilities including Shadow AI Discovery (identifying all AI tools in use), Identity Access Control (role-based policies tied to verified corporate identity), Content-Aware DLP (semantic analysis of prompts/responses for sensitive data), and Runtime Protection (real-time enforcement). The portfolio also includes a free AI Risk Assessment tool for discovering AI usage and data exposure. The platform integrates with enterprise identity providers (Microsoft Entra ID, Okta, Google Workspace) and supports traffic redirection via ICAP proxy and HTTP proxy.

Differentiator

Problem solved

Functional benefit

Products and services

• Verax Protect Enterprise AI security platform that detects and prevents risks associated with generative AI usage across the enterprise. Provides real-time visibility, identity-aware access control, and content-aware DLP without disrupting productivity, for CISOs, security leaders, and compliance teams at mid-to-large enterprises.
• AI Risk Assessment Free self-service assessment tool that discovers AI usage across an organization and reveals sensitive data exposure including PII, PHI, IP, secrets, and code. Used as a product-led growth entry point for prospective enterprise customers before engaging the Verax sales team.

Quantifiable outcome

• Healthcare organizations that provided sanctioned AI alternatives saw an 89% drop in unauthorized AI use

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Microsoft Entra IDcoreTechnology or IntegrationEnterprise identity provider integration supported by Verax Protect. Allows Verax to sync users and groups from Entra ID for identity-aware policy enforcement.
• OktacoreTechnology or IntegrationEnterprise identity provider integration supported by Verax Protect. Enables SSO and identity-aware access control for AI tools.
• Google WorkspacecoreTechnology or IntegrationEnterprise identity provider integration supported by Verax Protect for identity management and policy enforcement.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Cyberhaven: Cyberhaven provides data detection and response (DDR) with AI usage monitoring and sensitive data tracing. Competes with Verax in protecting enterprise data from being shared with AI tools through semantic analysis and policy enforcement.
• Protect AI: Protect AI provides AI/ML security solutions including model scanning, vulnerability management, and LLM security — a direct peer in the enterprise AI security category competing for similar CISO and security team budgets.
• Nightfall AI: Nightfall AI provides AI-native data loss prevention for SaaS and generative AI applications, detecting sensitive data in prompts and responses. Closely comparable to Verax's content-aware DLP for enterprise AI usage.
• Prompt Security: Prompt Security provides AI security and governance for generative AI applications, including LLM visibility, prompt inspection, and sensitive data protection — a direct competitor to Verax Protect's content-aware DLP and Shadow AI discovery capabilities.
• LayerX Security: LayerX offers an AI-native enterprise browser security platform that governs generative AI usage, SaaS, and shadow IT from the browser. Directly competes with Verax in controlling AI tool access and preventing data leakage in employee workflows.
• Lakera: Lakera offers an AI security platform for LLM applications, focusing on prompt injection defense, data leakage prevention, and real-time inspection. Directly comparable to Verax in providing runtime protection for generative AI interactions in enterprise environments.

Broad incumbents

• Palo Alto Networks: Palo Alto Networks offers Prisma AIRS (AI Runtime Security) as part of its broader security platform. As a broad incumbent, it can bundle AI security across Strata, Prisma Cloud, and Cortex product lines, competing with Verax for enterprise security consolidation deals.
• Netskope: Netskope is a major SSE platform offering AI/ML-powered data protection and now provides AI security features for generative AI usage. It competes with Verax as an incumbent security vendor adding AI governance to its portfolio.
• Microsoft (Purview AI Hub): Microsoft Purview AI Hub provides AI governance, compliance, and security controls for Copilot and third-party AI usage within the Microsoft ecosystem. As a broad incumbent deeply embedded in enterprise identity (Entra ID) — which Verax integrates with — Microsoft competes by bundling AI controls into existing enterprise agreements.
• Zscaler: Zscaler is a leading SSE/SASE platform that has expanded into AI security with Zscaler AI, providing visibility and control for generative AI traffic. As a broad incumbent, it bundles AI controls into existing enterprise security contracts and competes with Verax for the same CISO budget.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/verax-ai
• Facebookfacebook.com/Verax.Al

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verax AI