Zylon: The Rising Star in GenAI for SMBs

February 20, 2024, 7:30 pm
Zylon
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Total raised: $3.2M
Zylon, a Madrid-based GenAI application, recently secured $3.2 million in pre-seed funding, positioning itself as a game-changer for small and medium-sized businesses (SMBs) looking to leverage AI without the need for technical expertise. Founded by Iván Martínez Toro and Daniel Gallego Vico in 2023, Zylon is a smart, private AI collaborator that empowers teams to execute tasks, collaborate effectively, and access expert insights without the hassle of tech background or engineering knowledge.

The funding round, led by Felicis and backed by LifeX Ventures, Zypsy, and strategic angels like Travis McPeak, Kirill Tashilov, and Hans-Christian Zappel, will fuel Zylon's growth and product evolution. The company aims to expand its SaaS product to cater to entrepreneurs and SMBs lacking AI technical teams, enabling them to build their own GenAI tools and infrastructure seamlessly.

Zylon's user-friendly web interface, powered by open-source models like Meta's Llama 2 and Mistral's Mixtral, offers a wide range of AI capabilities for businesses across various industries, from healthcare to finance. With a focus on privacy and data security, Zylon ensures that company data remains 100% private and protected, setting it apart from competitors like OpenAI and Google Geminard.

As Zylon emerges from stealth mode, following the success of PrivateGPT, the company is poised to revolutionize the SMB AI landscape. With Iván Martínez Toro set to speak at the Tech.eu Summit London 2024, Zylon's presence in the GenAI market is only set to grow. Stay tuned for more updates on this rising star in the world of AI for SMBs.