What AI Verify Foundation does

AI Verify Foundation is a Singapore-based not-for-profit organization and a wholly-owned subsidiary of the Infocomm Media Development Authority (IMDA), founded on June 7, 2023 to develop open-source AI governance testing frameworks and toolkits for trustworthy AI. Its core technology stack includes the AI Verify Testing Framework (assessing AI systems against 11 internationally recognized AI governance principles for Traditional AI, plus GenAI enhancements), the AI Verify Toolkit (open-source, plugin-based testing software), and Project Moonshot (an open-source LLM Evaluation Toolkit for benchmarking and red-teaming). It also publishes governance frameworks (MGF for GenAI with 9 dimensions, MGF for Agentic AI) and a Starter Kit for safety testing of LLM-based applications.

The foundation's commercial activity centers on three programmes beyond its core frameworks: the Global AI Assurance Sandbox (launched July 2025, pairing GenAI deployers with 14 specialist testing firms across 12 geographies and 14 industries), the AI Tester Accreditation Programme (AI TAP, first of its kind in Asia, expected 3Q 2026), and a Veritas x AI Verify integration for financial services built with the Monetary Authority of Singapore (MAS) and Resaro. The go-to-market is community-led: growth is driven by membership tiers (premier and general), flagship events such as ATxAI and AI Assurance Exchange, GitHub-driven developer engagement, and earned media through IMDA and Paris AI Action Summit channels. The AI Verify Toolkit, framework documents, and Project Moonshot are open-source and free; AI TAP and Sandbox participation are also fee-free, with no public pricing disclosed.

Revenue is not publicly disclosed. The organization is sustained by membership contributions, government grants, and resources via parent IMDA. Premier members include AWS, Dell, Google, IBM, Microsoft, Red Hat, Salesforce, and Resaro, with the total membership growing from 7 founding members to over 200 organizations by 2025. Its named leadership comprises Executive Directors Shameek Kundu and Lee Wan Sie, and Governing Committee Chair Dr. Ong Chen Hui (Assistant Chief Executive at IMDA).

Name

AI Verify Foundation

Legal name

AI Verify Foundation

Website

https://aiverifyfoundation.sg

Company type

Private

Founded year

2023

Operating status

Operating

Short description

AI Verify Foundation is a Singapore-based non-profit and IMDA subsidiary that develops open-source AI governance testing frameworks (AI Verify Toolkit, Project Moonshot, MGF for GenAI/Agentic AI) and operates the Global AI Assurance Sandbox, serving enterprises, testing firms, and policymakers across multiple industries and geographies.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Membership contributions and grants: AI Verify Foundation is a Singapore-based not-for-profit organization and a wholly-owned subsidiary of the Infocomm Media Development Authority (IMDA). Revenue is generated through membership fees from premier and general member organizations, government grants, and collaborative funding arrangements with parent IMDA.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

AI Verify Foundation develops open-source AI governance testing frameworks, toolkits, and assurance programmes for evaluating AI systems. Its core offerings include the AI Verify Testing Framework for assessing AI against internationally recognized governance principles, the AI Verify Toolkit (open-source plugin-based software), Project Moonshot (LLM Evaluation Toolkit), and the Global AI Assurance Sandbox that pairs GenAI application deployers with specialist testing firms. The foundation also operates the AI Tester Accreditation Programme (AI TAP), the first of its kind in Asia.

Product overview

AI Verify Foundation offers a portfolio of AI governance and testing products centered around the AI Verify Testing Framework and Toolkit. The core offering includes an open-source AI governance testing toolkit that enables organisations to assess AI systems against internationally recognised principles. Supporting products include Project Moonshot (LLM Evaluation Toolkit) for red-teaming and benchmarking, and the Global AI Assurance Sandbox for hands-on testing of GenAI applications by specialist testers. The foundation also provides governance frameworks (MGF for GenAI, MGF for Agentic AI) and practical guidance (Starter Kit) to guide responsible AI deployment. The portfolio is complemented by the AI Tester Accreditation Programme which establishes standards for third-party AI testing providers.

Differentiator

Problem solved

Functional benefit

Products and services

• AI Verify Testing Framework An AI governance testing framework and software toolkit that helps industries be more transparent about their AI systems to build trust. Enables organisations to assess their AI systems against 11 internationally recognised AI governance principles (Traditional AI), with an enhanced version addressing Generative AI.
• AI Verify Toolkit Open-source software toolkit providing a plugin-based architecture for conducting AI governance tests. Enables organizations to test AI systems and generate reports on performance, bias, and transparency.
• Project Moonshot One of the world's first Large Language Model (LLM) Evaluation Toolkits, open-sourced on GitHub. Designed to address risks of biases and harmful content from unchecked LLMs, offering benchmarking and red-teaming capabilities for LLM applications pre- and post-deployment.
• Global AI Assurance Sandbox A global initiative by IMDA and AI Verify Foundation creating a testing ground for builders or deployers of GenAI applications to get tested by specialist technical testers. Reduces testing-related barriers to GenAI adoption by pairing organizations deploying GenAI applications with a panel of specialist AI testing firms for up to 3 months of technical testing.
• AI Tester Accreditation Programme (AI TAP) The first programme of its kind in Asia that accredits testing service firms that can technically assess AI systems for safety, reliability, and governance risks. Establishes standards for what good AI assurance testing looks like and provides formal recognition of testing capabilities.
• Model AI Governance Framework for Generative AI (MGF for GenAI)

Quantifiable outcome

• 17 GenAI applications tested with 16 specialist testing firms in the pilot; expanded to 30 applications in the ongoing sandbox.
• +3 more outcomes

Named customers23 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature6 records

Partnerships

14 partnerships are on record, tiered core, premier and minor.

• Infocomm Media Development Authority (IMDA)coreStrategic or Co-development Partner · 7 June 2023IMDA is the parent organization of AI Verify Foundation — AIVF is a wholly-owned subsidiary of IMDA. IMDA developed the original AI Verify Testing Framework and continues to collaborate on frameworks, standards, and the Global AI Assurance Sandbox. IMDA's Minister for Digital Development and Information, Mrs Josephine Teo, has championed the foundation's work at international forums.
• Amazon Web Services (AWS)premierStrategic or Co-development PartnerAWS is a premier member of the AI Verify Foundation and has committed to contributing AI testing algorithms to the AI Verify toolkit to help evaluate AI models more effectively. AWS co-hosted events including the Testing Your GenAI Application beginner's guide session.
• IBMpremierStrategic or Co-development PartnerIBM is a premier member and founding member of AI Verify Foundation. IBM piloted AI Verify with a credit risk use case, demonstrating the toolkit's ability to generate a comprehensive AI governance report in 15 minutes. IBM is an IBM Silver Business Partner of Zypero Intellect.
• GooglepremierStrategic or Co-development PartnerGoogle is a premier member of the AI Verify Foundation. Google has hosted events including AI governance lessons from Japan and Singapore, contributing to the foundation's thought leadership and community engagement activities.
• MicrosoftpremierStrategic or Co-development PartnerMicrosoft is a premier member of AI Verify Foundation. Microsoft has contributed thought leadership and praised the foundation's open-source approach to responsible AI and transparency.
• Red HatpremierStrategic or Co-development PartnerRed Hat is a premier member of the AI Verify Foundation. Red Hat has presented on open-source approaches to ensuring AI security, safety, and trustworthiness, and contributed to community events.
• SalesforcepremierStrategic or Co-development PartnerSalesforce is a premier member of the AI Verify Foundation and has endorsed the Model AI Governance Framework for Generative AI (MGF-GenAI), praising its collaborative and inclusive approach.
• Dell TechnologiespremierStrategic or Co-development PartnerDell Technologies joined as a premier member after the foundation's first anniversary. Dell contributes with guiding principles of 'Shared, Secure and Sustainable' approach to AI, working with foundation members to make AI safer.
• ResaropremierStrategic or Co-development PartnerResaro is a premier member of the AI Verify Foundation and has been deeply involved in the Global AI Assurance Pilot and Sandbox. Resaro co-developed the Veritas x AI Verify integration for financial services, enabling a 15-minute configuration process to be reduced to two lines of code.
• Monetary Authority of Singapore (MAS)coreStrategic or Co-development PartnerMAS partnered with AIVF to merge the AI Verify and VERITAS toolkits for financial services. The joint initiative provides finance professionals with a unified framework for testing fairness, explainability, and robustness in AI systems.
• MLCommonsminorStrategic or Co-development PartnerAIVF partnered with MLCommons to co-host the AI Assurance & Testing: Global Perspectives Event at the Paris AI Action Summit in February 2025, which included the launch of the Global AI Assurance Pilot and the French-language version of MLCommons' AILuminate Safety Benchmark.
• Panel of Specialist Technical Testing Firms (Sandbox)coreStrategic or Co-development PartnerAIVF has assembled a panel of specialist technical testing firms for the Global AI Assurance Sandbox including: Advai, AIDX, AIQURIS, Asenion, BSI, Citadel AI, Collinear, Dynamo AI, Guardrails AI, Knovel Engineering, PwC, Resaro, Reverseec, and Vulcan. These firms provide technical testing services to GenAI application deployers in the sandbox.
• AWS Responsible GenAI CommunityminorGTM or Marketing PartnerAIVF co-hosted the 'Testing Your GenAI Application: A Beginner's Guide for Non-Technical Users' event with AWS and The Generative Beings, targeting business leaders and non-technical stakeholders.
• The Generative BeingsminorGTM or Marketing PartnerCommunity partner for non-technical AI testing education events, co-hosting the beginner's guide session for non-technical users with AIVF and AWS.

Scale indicators8 records

Recent moves8 records

Expansion highlights7 records

Emerging players

• Guardrails AI: Guardrails AI is an AI safety and validation platform that provides real-time AI output validation and content safety. It was a panel testing firm in AIVF's Global AI Assurance Sandbox, providing specialist testing for GenAI applications.
• Credo AI: Credo AI is an AI governance platform that helps organizations operationalize responsible AI through automated assessments, policy management, and regulatory readiness. It competes with AIVF's frameworks in the AI governance tooling market.
• Holistic AI: Holistic AI is an AI governance platform that provides AI risk assessments, bias audits, and compliance tooling. It serves a similar enterprise need for AI assurance and governance as AIVF, though it operates as a commercial software vendor rather than an open-source community.
• Citadel AI: Citadel AI is an AI testing and observability platform focused on enterprise AI model validation, compliance, and risk management. It is a panel testing firm in AIVF's Global AI Assurance Sandbox, providing specialist technical testing services.
• Dynamo AI: Dynamo AI is an AI security and compliance platform that helps enterprises secure AI systems against vulnerabilities and ensure regulatory compliance. It participates in AIVF's sandbox as a specialist testing firm.

Broad incumbents

• International Organization for Standardization (ISO): ISO is the international standards body that published ISO/IEC 42001:2023 for AI management systems, which AIVF's frameworks are crosswalked with. ISO operates as a global incumbent in standards development across many industries.
• National Institute of Standards and Technology (NIST): NIST is the US government agency that developed the AI Risk Management Framework (AI RMF), which AIVF's frameworks are crosswalked with. NIST is a broader incumbent in AI governance standards, operating at the national level with significantly more resources.

Direct peers

• MLCommons: MLCommons is a global AI benchmarking consortium that develops industry-standard benchmarks for AI model performance and safety (e.g., AILuminate Safety Benchmark). AIVF partnered with MLCommons to co-host the AI Assurance & Testing event at the Paris AI Action Summit, indicating direct collaboration in AI testing standards.
• Resaro: Resaro is an AI testing firm and premier member of AI Verify Foundation, actively participating in the Global AI Assurance Sandbox and co-developing the Veritas x AI Verify integration for financial services. Resaro provides specialist AI testing services to sandbox deployers.
• LatticeFlow AI: LatticeFlow AI is an AI testing and evaluation platform that helps organizations validate AI model safety, robustness, and compliance. LatticeFlow was a specialist testing firm in the Global AI Assurance Sandbox, testing a wealth management institution's GenAI application.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ai-verify-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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