Today, we are excited to announce our full participation in the Series B investment in Relyance AI as they extend their leadership in data privacy and security and lead the charge on AI Governance. It’s been an honor to support Abhi and team since day 1 on their mission to ensure companies can be trusted to handle sensitive personal data safely in their software and, increasingly, in their AI models.
Data privacy started as a response to regulations like GDPR, where every company doing business in the EU had to prove that they were processing personal data securely and with proper controls. Now, of course, AI is supercharging the discussion around the appropriate use of data in a company’s AI models. AI in the enterprise has tremendous innovation potential, but the reality is that many projects are stalling due to the inability to prove that personal data, crucial for AI model training, is being handled securely and in compliance with ever-shifting regulations and increasing customer expectations. The reason is that privacy, security, and engineering teams often operate in silos. Privacy teams don’t know if their commitments to regulations and customers are being met and security and engineering teams don’t know what data is acceptable to use in AI models in the first place.
Relyance AI solves this impossible problem for enterprise AI the same unique way it solves privacy for software - by providing real-time, enterprise-wide visibility into how personal data is used and then ensuring that its use is in compliance with all privacy regulations and customer commitments. Companies like Snowflake, Logitech, Coinbase, Notion and many more use Relyance AI so they can accelerate their software and AI projects with full confidence and have the appropriate data protection controls and governance in place.
Relyance AI’s co-founders Abhi Sharma and Leila Golchehreh are everything Unusual looks for in founders we partner with. Abhi, a product visionary, was Unusual’s first Technologist in Residence. To accelerate Relyance AI’s growth, Abhi also partnered with all aspects of our Founder Services team at Unusual to craft their story, enable their sales team, and recruit their executive team to help them on their path of creating a world-class company. We believe the Relyance AI team has the experience, product, and vision to lead privacy and data governance for years to come. We are excited about Relyance’s rapid growth and road ahead and honored to continue our partnership with the team on their journey.
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