Vilnius-based startup nexos.ai, which develops an AI orchestration platform for the agentic era, has secured $8 million in funding led by Index Ventures, with support from Creandum and Dig Ventures, to drive platform development and scale its operations.
- Founded in 2024 by Tomas Okmanas and Eimantas Sabaliauskas, nexos.ai develops an AI orchestration platform that enables enterprises to integrate, manage, and optimize multiple AI models.
- The platform simplifies large-scale AI deployment by providing access to over 200 models from leading providers like OpenAI, Google, and Meta, offering features such as smart routing, cost optimization, and robust enterprise-grade security.
- nexos.ai explains that its platform is set to launch in Q1 2025 and is currently being tested by international companies for use cases such as automated customer support.
"We’ve built nexos.ai to be the enterprise-grade platform that makes working with AI as intuitive as working with human teams – providing the infrastructure and oversight to make sure these models perform at their best while remaining cost-effective and secure," CEO and co-founder of nexos.ai, Tomas Okmanas, commented.
Details of the deal
- The investment was led by Index Ventures, a London-based venture capital firm that recently raised $2.3 billion across two new funds: an $800 million fund and a $1.5 billion growth fund.
“Tomas and his team have consistently demonstrated their ability to tackle complex challenges by creating products that deliver elegant, simple solutions — and this one might be their most consequential yet," Claims Hannah Seal, Partner at Index Ventures.
- Creandum has closed a €500 million fund to invest in seed and early-stage startups across Europe. Dig Ventures, a London-based venture capital firm specializing in infrastructure and fintech startups across Europe and the US, also joined the round.
- The round also includes a number of notable angel investors, such as Olivier Pomel, Sebastian Siemiatkowski through Flat Capital, Ilkka Paananen, and Avishai Abrahami.
- The $8 million in funding will be used by nexos.ai to accelerate platform development, scale operations, expand marketing efforts, hire talent, and enhance security and compliance for its AI orchestration solution.