Openlayer Secures $14.5 Million to Enhance AI Governance Platform

Openlayer has raised $14.5 million in a Series A funding round led by Race Capital to expand its AI evaluation and governance platform.

Openlayer has raised $14.5 million in a Series A funding round, announced in a press release. The round was led by Race Capital, with participation from NXTP, KPN Ventures, Mindset, Y Combinator, Quiet Capital, and Telefonica. The funding will be used to enhance Openlayer's enterprise-grade product capabilities and expand its market presence globally.

Openlayer provides a unified platform for the evaluation and governance of AI systems, supporting enterprises from the initial stages of AI development to production deployment. The platform is designed to ensure accuracy and accountability in AI applications, which is crucial as AI adoption accelerates across various industries.

The company, founded by Gabriel Bayomi, Rishab Ramanathan, and Vikas Nair, aims to help organizations deploy AI responsibly by offering tools for robust evaluation, observability, and governance. This approach is intended to prevent errors that could lead to trust issues or legal challenges in customer-facing applications.

We hope you enjoyed this article.

Consider subscribing to one of several newsletters we publish like Enterprise AI Brief.

Also, consider following us on social media:

Enterprise AI

AI Brief (X)

More from: Funding

Nominal Secures $75 Million to Revolutionize Hardware Testing

Jun 13

TELUS Proposes Full Acquisition of TELUS Digital

Jun 13

Ellipsis Health Unveils AI Care Manager Sage with $45M Funding

Jun 13

Multiverse Computing Secures $217 Million for AI Model Compression

Jun 13

RIIICO Secures $5M to Enhance AI Solutions for Factory Efficiency

Jun 12

Subscribe to Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

Market report

AI’s Time-to-Market Quagmire: Why Enterprises Struggle to Scale AI Innovation

ModelOp

The 2025 AI Governance Benchmark Report by ModelOp provides insights from 100 senior AI and data leaders across various industries, highlighting the challenges enterprises face in scaling AI initiatives. The report emphasizes the importance of AI governance and automation in overcoming fragmented systems and inconsistent practices, showcasing how early adoption correlates with faster deployment and stronger ROI.