Yurts, a leader in secure and trusted generative AI (GenAI) integration at scale for defense, government, and enterprise customers, has successfully raised a sum worth $40 million in Series B financing.
Led by XYZ Venture Capital, the stated round also saw participation coming from the likes of Glynn Capital, Nava Ventures, Bloomberg Beta, and Mango Capital.
According to certain reports, Yurts plans on using these funds to accelerate its growth and capabilities in leading an industry shift from experimental GenAI use to deep integration across mission-critical systems, thus unlocking real value within secure environments.
The development also delivers a rather interesting follow-up to Yurts recently delivering the first AI platform for the United States Department of Defense (DOD) on a secret-level network. By doing so, it was able to generate new insights and superior decision-making capabilities for operational leaders and field personnel.
Not just that, the funding in question also comes shortly after a recent expansion of Yurts’s partnership with Oracle, which highlights the company’s ability to support commercial customers, too, in modernizing their systems of record with AI,
“Right now, GenAI is only scratching the surface in terms of value for users. Yurts is bridging the gap between humans, GenAI, and the systems that matter most in meaningful and adaptable ways,” said Ben Van Roo, Co-Founder and CEO of Yurts. “Over the past two years, we’ve developed technologies that move GenAI beyond experimentation, making it usable, secure, and impactful for the most critical and complex missions. Looking ahead, we’re focused on expanding these capabilities with our customers in the DOD, government, and commercial sectors—ensuring AI is flexible enough to meet their needs”
Making this raise all the more important is Yurts’ impressive track record in what it does. You see, thus far, Yurts has won several enterprise deployments and government contracts to deliver a critical integration layer between models and internal applications that unlocks new workflows throughout high-security environments.
Beyond that, as indicated by its Oracle partnership, Yurts has also proven to be a trusted AI partner in the commercial space. To understand the significance of it, we must acknowledge how large organizations in industries such as manufacturing and aerospace face similar challenges, such as integrating AI into legacy systems to unlock productivity, reducing costs, and providing users with a trusted resource that removes barriers to getting things done.
In response, Yurts’s approach conceives for them a design, which addresses these challenges through a combination of precision, scalability, and compliance in secure environments. Markedly enough, this particular approach does not train on company’s proprietary data, and at the same time, it can be deployed on-premise. This ensures maximum security and control for organizations handling sensitive information.
“Yurts has broken out as a clear leader in the category of AI integration with their emphasis on deploying and scaling a solution grounded in data with a security-first framework,” said Ross Fubini, Managing Partner at XYZ Venture Capital, who led the deal. “Founders Ben Van Roo, Jason Schnitzer, and Guru Raghavan have built an AI platform that can be deeply integrated within high-security environments. This is a significant catalyst for both Yurts and the military, enabling the seamless integration of advanced AI capabilities into critical national security workflows.”
Another detail worth a mention here is how Yurts’s AI integration platform has already been deployed in high-security settings across unclassified, sensitive, and secret environments, reflecting full compliance with Department of Defense standards for sensitive data. Hold on, there is more, as we haven’t touched on how 25% of Yurts’s workforce also holds active security clearances. This reveals the company’s deep expertise in high-security environments. Thanks to that, Yurtis presently has contracts from agencies like the U.S. Army, U.S. Air Force, Department of Energy, and SOCOM.
All in all, the new funding brings the company’s total investment to $58 million, enabling it to scale operations, expand its team, and deepen its focus on connecting GenAI to mission-critical systems.