Deasie Raises $2.9M in Seed Funding

Deasie, a NYC-based provider of a data governance platform, raised $2.9M in Seed funding.

The round saw participation from Y Combinator, General Catalyst, RTP Global, Rebel Fund, and J12 Ventures.

The company intends to use the funds to hire senior engineers as it expands its product team over the coming months.

Led by CEO Reece Griffiths, Mikko Peiponen and Leo Platzer, Deasie is a data governance platform to support safe adoption of language model applications in the enterprise. Its platform connects to a company’s data sources, chunks all data such as documents, reports or Slack messages, into smaller sections based on semantic meaning, and tags the contents and sensitivity of each piece of data. Deasie then allows users to spin up a GenAI application, like a chatbot, and, using the library of tags – or “metadata” -, ensures that the data being used by the language model is first filtered for relevance, quality and safety.

Five months after starting the company, the Deasie team has already signed a pilot agreement with a multi-billion dollar organisation and has built a pipeline of 30+ enterprise clients, which includes no less than five Fortune 500 companies.