Axiamatic, an AI company focused on helping organizations manage large-scale enterprise transformation programs, has emerged from stealth with $54 million in funding from Greylock Partners and Bessemer Venture Partners.
The San Francisco-based company has developed what it describes as an “agentic” platform designed to help enterprises manage the complexity of major transformation initiatives such as ERP modernizations, CRM consolidations, supply chain transformations, and source-to-pay migrations. These initiatives often involve hundreds of requirements, multiple teams, and significant organizational change, which frequently lead to projects running late, exceeding budgets, or failing to meet their objectives.
Axiamatic’s platform is designed to provide continuous visibility into transformation programs by ingesting signals and data from more than 250 enterprise systems. The system captures information about decisions, discussions, and documentation and builds a living “digital twin” of a transformation program.
Autonomous AI agents monitor this digital twin around the clock to detect early signs of risk, including misalignment across workstreams, communication gaps, and potential resistance to change. The platform then routes insights and recommendations to the appropriate stakeholders, helping teams address issues before they escalate.
Each stakeholder involved in a transformation initiative receives a persona-specific AI assistant that provides insights, generates summaries, suggests actions, and responds to instructions via voice or chat. These assistants are integrated into commonly used collaboration tools such as Slack and Microsoft Teams, allowing users to interact with the platform within their existing workflows.
The company was founded by serial entrepreneurs Rajiv Gupta and Kaushik Narayan, who have worked together for more than two decades. The pair previously founded Skyhigh Networks, which pioneered the cloud access security broker category and was later acquired by McAfee. Gupta also previously co-founded Securent, which was acquired by Cisco, and Confluent Software, which was acquired by Oracle.
Axiamatic’s founders say the company was founded after speaking with hundreds of executives at Fortune 500 companies who shared similar frustrations with the cost, complexity, and unpredictability of enterprise transformation programs.
According to the company, trillions of dollars are spent each year on enterprise transformations, yet about half of these initiatives run late or over budget and roughly 70 percent fail to meet their intended objectives.
Axiamatic says its platform is already being used by Fortune 500 organizations and large enterprises across industries, including life sciences, consumer packaged goods, and high technology. Customers have used the platform to manage multiple transformation programs simultaneously.
One early customer, The Heico Companies, initially deployed the platform during an ERP transformation and later expanded its use across many programs after seeing improvements in speed, visibility, and decision-making.
In one example cited by the company, Axiamatic helped prevent a potential 50 percent cost overrun and a 40 percent schedule overrun during an 18-month ERP transformation project.
The company says its goal is to create a central intelligence and coordination layer for enterprise transformations, enabling organizations to manage complex programs with greater visibility, accountability, and speed.
KEY QUOTES
“The traditional answer to managing enterprise transformations has been to hire an army of program managers, change managers, and consultants, yet the complexity of executing large programs has grown far beyond what any human team can effectively manage. We built Axiamatic to overturn the fate of enterprise transformations. For the first time, enterprises and SIs have an AI platform purpose-built to supercharge every team and deliver successful transformations at an accelerated pace.”
Rajiv Gupta, CEO & Co-Founder, Axiamatic
“We initially deployed Axiamatic on our ERP transformation. Within twelve months, we expanded from one program to twenty as we saw the immense impact on speed, risk visibility, decision quality, and delivery predictability. What stood out was not just earlier detection of issues, but the ability to preserve context and act on it in real time. It has become a foundational capability in how we manage all programs at Heico.”
Tom Gerdes, EVP & CIO, The Heico Companies
“Rajiv and Kaushik have a proven track record of identifying massive enterprise pain points and building category-defining platforms to solve them. We’ve partnered with Rajiv for over two decades, and are thrilled to back him for the third time as Axiamatic tackles one of the largest unsolved problems in the enterprise.”
Asheem Chandna, Partner, Greylock Partners
“Enterprise transformations are one of the largest budget items for most CIOs and still one of their biggest headaches. Our thesis is that AI will fundamentally transform these labor-intensive processes. Axiamatic is building the intelligence and context layer that enables enterprises to apply AI in accelerating these transformations. We’re thrilled to back Rajiv and Kaushik as they build the next category-defining enterprise software company.”
Mike Droesch, Partner, Bessemer Venture Partners
