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Irish Tech News Audio Articles
Irish Tech News
50 episodes
17 hours ago
Audio versions of the articles from our news feed.
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Audio versions of the articles from our news feed.
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AI One Raises $11M to Help Companies Turn Business Context Into Decision-Ready AI
Irish Tech News Audio Articles
4 minutes 23 seconds
2 days ago
AI One Raises $11M to Help Companies Turn Business Context Into Decision-Ready AI
AI One, the enterprise context management platform that helps organisations give AI the business context it needs to make decisions, has announced it has raised $11 million in total funding. The round includes $7 million in Series A funding with participation from Vestigo Ventures and existing investors. AI One's platform enables large organisations to transform their operations by connecting directly to SaaS platforms like Salesforce and Workday, as well as on-premise and legacy systems, extracting context from fragmented data, and delivering measurable outcomes in weeks, not years.
AI One addresses a problem that's become increasingly visible as companies try to move beyond pilots: AI models don't understand the context of the businesses they're deployed in. Despite billions spent on data infrastructure, most enterprises still operate across disconnected systems that make it nearly impossible for AI to make informed decisions.
AI One tackles this with a new class of technology called Enterprise Context Management (ECM), which connects directly to existing systems to interpret how data, processes, and policies relate across the organisation. By managing context safely and consistently, the platform enables companies to automate complex workflows and decision-making without costly data migrations or replatforming. It delivers results in as little as 10 weeks and reduces operating costs by up to 80%
AI One was founded in 2024 by Conor Twomey and Fergus Keenan, who spent over 15 years in enterprise data and analytics, and saw the pitfalls of large enterprises over-investing in expensive infrastructure overhauls to drive innovation.
"Most companies are brute-forcing AI into workflows by endlessly rewriting generic prompts and connectors - a slow, brittle process that's impossible to scale," says Conor Twomey, Co-founder & CEO at AI One. "AI can only perform as well as the context it understands. We created AI One to give enterprises control over that context so their AI isn't guessing, it's operating with understanding."
Since its inception, AI One has already delivered measurable results for its clients:
A global bank cut reconciliation errors by 90% in four months, saving millions annually and reducing manual review from 400,000 cases to under 5,000.
A healthcare provider reduced member onboarding time from 15 days to 3 days, accelerating revenue recognition and patient access.
An insurance group improved its straight-through processing rate from 89% to 97%, shortening claims cycles and boosting customer satisfaction.
"AI One is solving one of the hardest problems in enterprise AI: perception," said Mark Casady, General Partner at Vestigo Ventures. "The platform's ability to activate enterprise context without requiring data migration or replatforming is a breakthrough. It turns AI from a concept into measurable business impact in record time."
AI One intends to use the funding to expand its customer base, targeting Fortune 500 businesses in financial services, energy, healthcare, insurance, and private equity, and continue to build its platform. The team has grown to 20 employees since inception with recent hires across GTM, platform, and field engineering.
See more stories here.
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Irish Tech News Audio Articles
Audio versions of the articles from our news feed.