Doti AI, a Work AI platform known for enabling secure, real-time access and leverage of internal knowledge for enterprises, has raised $7m.
The investment was spearheaded by F2 Venture Capital, complemented by notable contributions from Jared Kasner, General Partner at Ineffable Ventures, and Guy Flechter, serial entrepreneur and CEO of Sola Security.
Doti AI operates within the rapidly expanding enterprise AI market, which is expected to balloon from $113.5bn in 2023 to over $300bn by 2030. This growth is largely fueled by the increasing need for tools that not only enhance decision-making but also streamline enterprise workflows. Unlike conventional solutions that might take months to deploy, Doti AI boasts a deployment time of under an hour, whether on-premise or cloud-based. This quick integration feature, combined with the platform’s ability to consolidate data from various platforms into a secure, unified source, uniquely positions Doti AI at the forefront of enterprise solutions.
The new funds will be directed towards further developing Doti AI’s innovative platform. Specifically, the investment will enhance the platform’s ability to deliver secure, intuitive access to enterprise data, ensuring compliance without sacrificing ease of use or deployment speed. This development aims to fundamentally transform how teams access and interact with information crucial to their operations.
Additionally, Doti AI has established a solid foundation in cybersecurity and enterprise software, thanks to the leadership of co-founders Matan Cohen, CEO, and Opher Hofshi, CPO. Both bring a wealth of experience from their time at Wix, where they led significant software development and infrastructure security initiatives. Their firsthand experiences with the challenges of ‘organizational information chaos’ in fast-paced, large-scale environments drove them to create Doti AI, with the mission to streamline and secure enterprise decision-making processes.
“Enterprises need more than just another search tool. They need a secure, intuitive platform that not only understands their data but delivers the right context when and where it’s needed,” Matan Cohen said. Opher Hofshi further added, “One of the biggest challenges we’ve seen is that employees often don’t know what to ask or how to prompt AI effectively. To address this, Doti integrates with platforms like Slack to monitor ongoing conversations and proactively deliver real-time responses directly to employees, thus integrating naturally into their daily workflows.”
Jonathan Saacks from F2 Venture Capital also remarked on the investment, “Doti is tackling a fundamental challenge that many enterprises face but no one has really managed to solve: securely accessing and utilizing internal knowledge. Their innovative approach to enterprise AI and their focus on security and user experience make them uniquely positioned to lead this market.”
The company previously demonstrated significant early traction and market impact, with employee usage metrics surging by up to 11 times within three months of deployment in several leading enterprises, showcasing the platform’s effective integration and value addition to existing workflows.
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