WisdomAIthe new AI data analytics startup from Rubrik co-founder Soham Mazumdar has secured a new $50 million Series A round led by Kleiner Perkins with participation from new investor NVentures (Nvidia’s venture capital arm).
This round comes about six months after the startup announced a $23 million seed round led by Coatue.
WisdomAI offers AI-powered data analytics that can answer business questions from structured, unstructured, and even “dirty” data, meaning data that hasn’t been cleaned of typos or errors. A business user simply asks natural language questions like, “How many leads do I have and what’s keeping them from closing this quarter?”
But the company uses a clever method to eliminate the problem of LLM hallucinations. WisdomAI does not use LLM to write answers to questions. Instead, LLMs are only used to write the query – the part that will go out to a data warehouse to retrieve data. So if the LLM is delusional, it will just write an ineffective question instead of inventing false answers.
WisdomAI has written its own logic it calls the “business context layer,” which studies customer data to make sense of it. All of the startup’s co-founders worked with Mazumdar at data security firm Rubrik, giving them deep experience with enterprise storage warehouses. (Mazumdar left Rubrik in 2023.)
Since officially launching in late 2024, WisdomAI has grown from two enterprise customers to about 40 enterprise customers, says CEO Mazumdar. WisdomAI counts companies like Descope, ConocoPhillips, Cisco and Patreon as clients.
Mazumdar said the new company is also increasing usage among its enterprise customers. Some customers have doubled their usage within two months. Another client started with 10 positions and expanded to 450, which is almost everyone in the company, he said.
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In the past six months, WisdomAI has also added an agent feature that will notify users in real time of significant changes in monitored situations.
“I’ve built a proxy that tracks our product usage metrics, our ticket information,” Mazumdar says, adding that it took him about five minutes to set up. But instead of sending him a daily or even hourly report on help desk usage and tickets, it alerts him “when something interesting happens,” he describes.
“I think that’s the magic with analytics. It’s always been a static report, but we’re making it dynamic. We’re making it proactive,” he said.
