Y Combinator-backed Crux raises $2.6 Mn in seed round

Y Combinator-backed AI startup Crux has raised $2.6 million in seed round led by Emergent Ventures, with participation from Y Combinator and Neon Fund. The round also saw participation from First Cheque and other investors.

Crux is backed by individuals and industry veterans including Tej Redkar (CPTO - SumoLogic), Karthik Ramamoorthy (SVP, Products and GM - Zuora), Aayush Phumbra (cofounder - Chegg), Krishna Mehra (Director of Engineering - Meta) among others.

Founded in 2022 by Himank Jain, Atharva Padhye and Prabhat Singh, the startup helps B2B SaaS teams build embedded AI copilots faster. It creates AI models that answer questions about business data in plain language along the lines of OpenAI’s ChatGPT.

Crux became a part of Y Combinator’s winter 2024 batch which also counts ParcelBio, Million.js, Quivr, Forge, Dragoneye, among others.

“With assistance from LLMs as well as traditional deterministic models, we are creating a Decision-Making AI Copilot for Enterprises. This Copilot will be fully aware of your business context, preferences, KPIs, and macro-trends and will take you from Intent to Action in merely seconds,” said the company in a blog post.

The startup claims that some of the top SaaS unicorns use Crux to build Copilots that are over 98% accurate, consume 1/10th the cost, and go live in less than a week.

Crux also added that it has pivoted nearly 15 times before arriving at the platform’s current form.