NEAR AI
NEAR AI provides confidential AI infrastructure built on Trusted Execution Environments, serving enterprises, governments, and developers that require verifiable privacy. Its stack spans IronClaw agents, NEAR AI Cloud inference, and an Agent Marketplace with NEAR escrow.
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What NEAR AI does
NEAR AI is a confidential AI infrastructure provider serving enterprises, governments, and application developers that require verifiable privacy for AI inference and autonomous agents. Operated as Jasnah Inc. (Delaware corporation, d/b/a NEAR AI), the platform is built on Trusted Execution Environments (TEEs) with a triple-lockout architecture that cryptographically excludes the host OS, GPU operator, and NEAR AI from execution contexts, and includes hardware-signed attestation certificates for third-party verification. The product surface consists of three core offerings: IronClaw, an open-source AI agent framework available under MIT/Apache-2.0; NEAR AI Cloud, an OpenAI-compatible confidential inference API supporting both open-source models hosted inside TEEs and premium closed-source models proxied to third parties; and an Agent Marketplace where AI agents exchange work through NEAR escrow for finance, legal, ops, research, and security use cases.
Revenue is generated through four streams: usage-based prepaid credits consumed against metered cloud inference; recurring subscription plans for AI agent hosting; transaction-based commissions on the Agent Marketplace; and direct enterprise contracts anchored on confidential/sovereign workloads. Pricing is not publicly disclosed; self-serve access is freemium, with pay-as-you-go billing. Go-to-market is hybrid: product-led growth via self-serve cloud onboarding, enterprise field sales targeting governments and regulated buyers, and partnership-led distribution through infrastructure alliances (NVIDIA, Intel, AWS, Google Cloud, Cloudflare), inference providers (OpenAI, Anthropic), and identity-bearing customers (Brave, Venice.ai, Abound).
The customer base includes production deployments with Brave (Leo AI in Brave Nightly), Venice.ai (Private LLM Platform), the Government of Bermuda (sovereign AI workload), and Abound/Times of India Group (AI Financial Autopilot serving 800,000+ NRIs with $500M+ in remittances processed). The company also operates an Agent Marketplace, though its current scale is small at approximately $32.6K total volume across ~2,400 agents and ~6,400 jobs. Geographic reach is global with infrastructure partners covering EU and North America datacenters. Headcount is in the 11-50 range, and the company is venture-backed with no disclosed funding rounds or revenue figures in the source materials.
NEAR AI firmographics
Firmographics- Name
- NEAR AI
- Legal name
- Jasnah Inc.
- Website
- https://near.ai
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NEAR AI provides confidential AI infrastructure built on Trusted Execution Environments, serving enterprises, governments, and developers that require verifiable privacy. Its stack spans IronClaw agents, NEAR AI Cloud inference, and an Agent Marketplace with NEAR escrow.
- Ownership category
- akta.pro rank
NEAR AI industry classification
Industry- Product category
- Confidential AI Infrastructure
- NAICS
- Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG)
- akta.pro secondary industries
- Identity, Access & Secrets Management for AI Systems (IAM for agents/models) (HDAAAKAJ), AI Privacy Engineering & Data Governance (PII, consent, retention) (HDAAAKAB), Audit, Explainability & Accountability Tooling (traceability, reporting) (HDAAAKAL), AI Observability, Monitoring & Evaluation Platforms (Drift, Quality, Safety) (HDAEANAF), Agents & Autonomous Workflows (Tool Use, Planning, Multi-Agent) (HDAAACAF)
Keywords
Where NEAR AI is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
NEAR AI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales, Supply Chain
Revenue model
- Cloud Inference (Usage-Based): Metered usage credits consumed based on inference consumption. Customers purchase prepaid Usage Credits at rates specified on the NEAR AI websites. Usage reduces available credit balance and additional credits can be purchased at any time.
- AI Agent Hosting Subscription: Subscription plans with different available features, functionalities, and subscription periods. Plans automatically renew until terminated. Recurring billing charges credit cards at the beginning of each subscription term.
- Agent Marketplace Commission: Marketplace where agents exchange work, data, tasks, skills, and goods. NEAR escrow handles every transaction. Market statistics show approximately $32.6K total volume, 2.4K agents, and 6.4K jobs.
- Usage Credits (Self-Serve): Prepaid usage credits for self-serve access to cloud services. Credits are non-transferable, non-refundable, and may expire as stated at time of purchase.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Usage-based Cloud Inference |
| Subscription | Monthly | Subscription Plans |
| Transaction based/ take rate | Pay-as-you-go | Agent Marketplace Services |
| Freemium | Monthly | Free Tier / Self-Serve Access |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels8 records
NEAR AI product offering
Product offeringCore offering
NEAR AI sells confidential AI infrastructure, providing hardware-isolated inference (NEAR AI Cloud) and an autonomous AI agent framework (IronClaw) that run inside Trusted Execution Environments so that requests are confidential by design and outputs are independently verifiable. The offering is complemented by an Agent Marketplace where third-party AI agents are listed and transact via NEAR escrow, together with end-to-end encrypted Private Chat and Confidential Virtual Machines (Dedicated or Shared) for enterprise and government customers.
Product overview
NEAR AI provides confidential AI infrastructure consisting of three core products: IronClaw (open-source AI agent framework private by default), NEAR AI Cloud (scalable confidential inference platform), and the Agent Marketplace (for browsing, deploying, and listing AI agents). The architecture is built on Trusted Execution Environments (TEEs) and Confidential Virtual Machines (CVMs) providing hardware-enforced isolation where inference and agents execute with requests confidential by design and outputs independently verifiable. Key capabilities include autonomous agents, private USDC payments via Confidential Intents, end-to-end encrypted chat completions, and cryptographically-signed attestation certificates. The platform supports both open-source models (TEE-executed) and premium closed-source models (third-party proxied). The ecosystem includes NEAR AI Private Chat for confidential messaging, integration with Brave Browser Leo AI, and partnerships for AI Financial Autopilot services.
Differentiator
Problem solved
Functional benefit
Brands
- IronClaw: Open-source AI agent framework that runs inside hardware-enforced enclaves with zero operator access.
- NEAR AI Cloud
- Agent Marketplace
Products and services
- IronClaw Open-source AI agent framework that runs autonomous agents inside hardware-enforced Trusted Execution Environments with zero operator access to requests and outputs. Designed for enterprises, AI application developers, and partners to deploy private-by-default agents that connect to tools such as Slack, email, Notion, and internal docs.
- NEAR AI Cloud Hosted confidential cloud computing platform providing scalable private inference for teams via an OpenAI-compatible API. Supports both open-source models executed within TEE environments and premium closed-source models proxied via a shared API key, and integrates with IDEs (Cursor, Continue, Cline, Roo Code, Kilo Code, Aider, Zed, OpenCode, Goose), chat platforms (LibreChat, Open WebUI), and orchestrators (LiteLLM, Dify).
- Agent Marketplace Third-party AI agent marketplace where developers list and discover agents for finance, legal, ops, research, and security workflows, and where transactions are settled through NEAR escrow with private stablecoin (USDC) payments via Confidential Intents.
- NEAR AI Private Chat End-to-end encrypted chat application that uses the model's public key (bound to TEE attestation) to encrypt messages client-side, providing verifiable private chat for individual users and teams.
- Confidential Virtual Machine (CVM) Reserved confidential compute environment with hardware-based isolation and memory encryption, offered as either a Dedicated CVM (exclusive hardware) or a Shared CVM Instance (logically isolated with TEE partitioning) for enterprise and sovereign AI workloads.
Quantifiable outcome
- $500M+ in remittances processed by Abound using NEAR AI infrastructure
- +2 more outcomes
Companies that use NEAR AI
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
NEAR AI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
AI capability9 records
Feature7 records
NEAR AI partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and flagship.
- Confidential IntentscoreNEAR AI integrated USDC stablecoin with Confidential Intents' confidential cross-chain execution layer to enable private payments within the AI Agent Market. AI agents can transact using USDC without publicly revealing transaction amounts or counterparties. This addresses a key barrier to enterprise AI adoption by combining USDC as payment unit with NEAR's confidential cross-chain execution layer.
- Abound (Times of India Group)flagshipAbound, a financial super-app for Non-Resident Indians backed by Times of India Group, launched AI Financial Autopilot in partnership with NEAR AI. The product uses AI agent technology powered by NEAR AI's IronClaw secure execution system to automatically handle cross-border financial tasks including remittances, bill payments, and investment management. Abound serves 800,000+ NRIs and has processed $500M+ in remittances.
- BravecoreBrave Leo AI assistant now offers cryptographically-verifiable privacy by deploying LLMs through NEAR AI's Trusted Execution Environments backed by Nvidia GPUs. Users can verify their conversations are processed in secure enclaves with unmodified models. Feature available in Brave Nightly with DeepSeek V3.1, with plans to expand to more models.
- Venice.aicoreVenice.ai runs its Private LLM Platform on NEAR AI Cloud, providing privacy-first AI platform running production inference with confidential computing protection.
- Government of BermudacoreBermuda government runs sovereign AI workloads on NEAR AI infrastructure, demonstrating government-grade confidential AI deployment.
- NVIDIAcoreNVIDIA provides GPU infrastructure backing Trusted Execution Environments for NEAR AI's confidential AI services. Inference and confidential computing capabilities powered by Nvidia GPUs.
- IntelcoreIntel provides infrastructure support for NEAR AI Cloud's confidential computing capabilities alongside NVIDIA.
- AWScoreAWS provides global cloud infrastructure for NEAR AI services as listed in the Data Processing Agreement subprocessor list.
- Google (Cloud & AI)coreGoogle provides both infrastructure (Google Cloud) and AI inference capabilities (Google AI models) as subprocessors listed in NEAR AI's Data Processing Agreement.
- AnthropiccoreAnthropic PBC provides AI inference capabilities as a subprocessor, enabling Claude and other Anthropic models to be hosted within NEAR AI's confidential computing environments.
- OpenAIcoreOpenAI provides AI inference capabilities as a subprocessor, enabling GPT models to be hosted within NEAR AI's confidential computing environments.
- StripecoreStripe processes payments for NEAR AI services. NEAR AI does not receive access to customer payment information; Stripe handles all payment processing.
- CloudflarecoreCloudflare provides network and security infrastructure. Processing is performed at the data center closest to the end user for optimal performance.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
NEAR AI competitors and assessment
Company assessmentBroad incumbents
- Anyscale: Anyscale (Ray-based) provides scalable AI compute and inference infrastructure for enterprises, broadly comparable to NEAR AI Cloud as an enterprise AI infrastructure platform. Both target production AI workloads requiring scalable, managed infrastructure.
- Azure Confidential Computing: Microsoft Azure Confidential Computing provides TEE-based confidential VMs and attestation for enterprise workloads, broadly comparable to NEAR AI's CVM and attestation capabilities. Azure offers confidential infrastructure as part of a much wider enterprise cloud portfolio, whereas NEAR AI is specialized for AI inference and agents.
- Together AI: Together AI operates a large-scale AI inference cloud platform serving enterprise developers, comparable to NEAR AI Cloud's hosted inference API. Both provide OpenAI-compatible APIs and serve similar AI application developer segments, though Together AI lacks the confidential-compute layer.
Direct peers
- Oasis Network: Oasis Network provides privacy-preserving compute and a confidential EVM, similar in positioning to NEAR AI's confidential-by-design infrastructure. Both serve developers and enterprises needing verifiable, isolated execution environments for sensitive workloads.
- Nillion: Nillion provides confidential computing infrastructure for AI and data workloads, directly comparable to NEAR AI's TEE-based confidential inference and CVM offerings. Both target enterprises needing privacy-preserving compute without hyperscaler dependency.
- Phala Network: Phala Network provides TEE-based confidential computing infrastructure for AI agents and smart contracts, directly comparable to NEAR AI's IronClaw framework and confidential compute layer. Both target developer-facing confidential AI execution with hardware-enforced isolation.
- Ritual: Ritual builds decentralized AI inference infrastructure with privacy and verifiability primitives, targeting the same enterprise and developer segments as NEAR AI Cloud. Both offer hosted inference with crypto-native attestation and aim to be foundational AI infrastructure.
Emerging players
- Modal Labs: Modal Labs provides serverless AI compute and inference infrastructure for developers, comparable to NEAR AI Cloud's self-serve developer offering. Both target developer-led AI deployment with API-first access, though Modal lacks the confidential-compute moat.
- Modulus Labs: Modulus Labs builds AI-on-blockchain infrastructure with a focus on verifiable inference (zkML), adjacent to NEAR AI's attestation-based verifiability story. Both target the intersection of AI trust and decentralized/crypto infrastructure.
- Aleo: Aleo provides privacy-preserving application infrastructure using zero-knowledge proofs, comparable to NEAR AI's confidential compute value proposition though using a different cryptographic approach. Both target developers building privacy-sensitive applications.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
NEAR AI social profiles
Digital presenceNEAR AI compliance and trust
Trust signalCompliance1 record
NEAR AI financial estimates
Financial estimateRevenue estimate
Valuation estimate
NEAR AI leadership team
Management profileNumber of profiles
Profiles1 record
NEAR AI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NEAR AI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NEAR AI
What does NEAR AI do?
NEAR AI sells confidential AI infrastructure, providing hardware-isolated inference (NEAR AI Cloud) and an autonomous AI agent framework (IronClaw) that run inside Trusted Execution Environments so that requests are confidential by design and outputs are independently verifiable. The offering is complemented by an Agent Marketplace where third-party AI agents are listed and transact via NEAR escrow, together with end-to-end encrypted Private Chat and Confidential Virtual Machines (Dedicated or Shared) for enterprise and government customers.
Is NEAR AI a public or private company?
NEAR AI is a private company. It is classified as venture growth investor backed and is currently operating.
When was NEAR AI founded?
NEAR AI was founded in 2017. It employs 11 to 50 people.
Where is NEAR AI based?
NEAR AI is headquartered in San Francisco, United States, in the North America region.
How does NEAR AI make money?
Four revenue lines are on record. Cloud Inference (Usage-Based) is the primary driver. The others are AI Agent Hosting Subscription, agent Marketplace Commission and usage Credits (Self-Serve).
Who are NEAR AI's main competitors?
Broad incumbents on record are Anyscale, Azure Confidential Computing and Together AI. Direct peers are Oasis Network, Nillion, Phala Network and Ritual. Emerging players are Modal Labs, Modulus Labs and Aleo.
Does NEAR AI have an API?
Yes. NEAR AI Cloud provides an OpenAI-compatible inference API that offers programmatic access to AI models hosted on NEAR AI Cloud. The API supports both open-source models (executed within TEE environments) and premium closed-source models (proxied to third-party providers via a shared NEAR AI API key, without TEE-based privacy or attestation). The platform also supports Model Context Protocol (MCP) tools/servers as connectors for AI agents. Developer documentation is at docs.near.ai.
What industry is NEAR AI in?
NEAR AI's product category is Confidential AI Infrastructure. Its primary akta.pro industry code is HDAEANAG, Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII), with a secondary code of HDAAAKAJ, Identity, Access & Secrets Management for AI Systems (IAM for agents/models). Its NAICS code is 5132 and its SIC code is 7372.