Atolio, a private AI-powered enterprise search platform, has closed its Series A funding round led by Translink Capital, with participation from IBM Ventures, Bloomberg Beta, Acorn Pacific Ventures, and Parameter Ventures. The funding will fuel product development, organizational growth, and operational scaling as Atolio strengthens its position as a secure, enterprise-focused knowledge platform.
Founded in 2019, Atolio has quickly gained traction with leading enterprises across industries. The company reports multiple seven-figure contracts in the last three quarters alone, highlighting strong demand for solutions that consolidate and make sense of siloed enterprise data.
“Atolio helps companies access and leverage the knowledge they’ve been accruing over many years to run better businesses and organizations,” said David Lanstein, co-founder and CEO. “We are excited to build on our leadership as the safe and secure way that enterprises connect siloed systems of information.”
Atolio’s platform has been recognized by enterprise leaders for improving efficiency and productivity. During a February earnings call, Michael Hansen, CEO at Cengage, noted: “We are investing in automation to drive internal efficiencies like an AI-powered search with products such as Atolio to improve the availability of product and customer information to Sales and Marketing teams and reduce the effort required to find answers to day-to-day problems. We believe these tools will significantly increase productivity of our go-to-market teams.”
At a time when enterprises are grappling with massive volumes of data stored across disparate systems, secure AI search platforms like Atolio are increasingly critical. By enabling employees to find the right information faster while maintaining full data privacy, the platform positions itself as a must-have tool for knowledge-intensive industries.
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