redactive

Redactive is an enterprise AI enablement platform that assists regulated organizations in securing and preparing their unstructured operational data for AI applications, such as co-pilots. It also provides engineering teams with tools to develop their own AI use cases securely with any large language model (LLM). Founded in 2023 by former Atlassian product managers Andrew Pankevicius and Alexander Valente, along with AI engineer Lucas Sargent, Redactive addresses the shortage of AI engineering and security skills within enterprise software teams. Their platform manages complex data engineering tasks, including data connectors, indexing, and permissions, ensuring enterprise security and compliance while enabling developers to focus on creating innovative AI-powered applications.

Redactive's strategic focus is on enabling enterprises to harness the power of generative AI without compromising data security. The company specializes in providing a developer platform that bridges AI applications with permissioned data, ensuring that the right user can only access and see the right information across their business when leveraging an AI application. This approach allows businesses to connect AI systems to various tools securely and pull only relevant information on behalf of the employee when prompted. Redactive's platform unlocks a new category of AI-enabled productivity use cases that can fully leverage permissioned data, which other developer tools fail to unlock for enterprises.

In July 2024, Redactive secured $7.5 million in seed funding. The round was led by Felicis Ventures and Blackbird Ventures, with participation from Atlassian Ventures and Zapier. The company intends to use the funds to grow the team across engineering, customer success, and marketing, and to work directly with enterprises on their generative AI initiatives.

Redactive's platform offers an API for data syncing, document chunking, embedding models, vector stores, and live permissioned data fetching. This enables software teams to build custom AI-enabled features that meet stringent security and privacy requirements. The platform simplifies the creation of secure, permissions-aware generative AI agents and applications, allowing developers to focus on creating innovative AI-powered applications without the need to learn, implement, and maintain complex data engineering tasks.

Redactive was founded by former Atlassian product managers Andrew Pankevicius and Alexander Valente, along with AI engineer Lucas Sargent. The leadership team brings extensive experience in enterprise software development and AI engineering, positioning the company to effectively address the challenges of AI adoption in regulated industries.

Redactive operates in the rapidly evolving AI enablement and data security industry. The market is characterized by a growing demand for solutions that allow enterprises to integrate AI applications securely, without compromising data privacy and compliance. Key competitors in this space include companies offering AI development platforms and data security solutions tailored for enterprise use.

Redactive has established partnerships with major Australian financial services organizations and frontier technology companies. These collaborations aim to help corporations safely integrate generative AI into their workflows without risking confidential information.

Redactive's strategic roadmap includes expanding its team across engineering, customer success, and marketing to support the growing demand for secure AI integration in enterprises. The company plans to work directly with enterprises on their generative AI initiatives, providing the necessary tools and expertise to navigate the complexities of AI adoption in regulated industries.

For more information, visit Redactive's official website.