Portal26, the GenAI Adoption Management Platform for enterprises, has secured a $9 million Series A funding round led by Shasta Ventures, with participation from Fusion Fund and the venture arm of a Fortune 500 financial services firm. The company previously raised $6 million in seed funding in 2022. The new capital will support continued product development and expansion as global enterprises work to deploy Generative AI programs at scale.
Portal26 serves organizations that are increasingly investing in Generative AI but require visibility, governance, security, and measurable performance metrics to manage their AI adoption effectively. The company’s platform provides real-time Shadow AI detection, enterprise GenAI security and policy enforcement, forensic audit capabilities, risk management, cost and license analytics, and employee training. It is designed to help organizations confidently roll out AI initiatives while maintaining compliance and extracting clear business value.
The company has reported momentum in customer adoption, including multi-year enterprise commitments and growth in partnerships across security providers, systems integrators, resellers, and hyperscalers. Portal26 stated that many of its customers have signed agreements with values reaching seven figures, reflecting confidence in both the current platform and its roadmap. The platform now monitors usage across hundreds of thousands of enterprise GenAI users.
KEY QUOTES
“At Shasta Ventures, we look for visionary founders and companies who are solving important problems in transformative ways. We are excited to partner with Portal26 and to provide the resources and support needed to accelerate its growth. As the first and leading GenAI Adoption Management Platform, its innovative approach to finding GenAI in the enterprise, securing it, and enabling measurable ROI, is a great example of the kind of leadership and creativity we seek to back. We look forward to helping Portal26 continue to build something extraordinary and sustain its strong growth.”
Jacob Mullins, Managing Director, Shasta Ventures
“Fusion Fund is delighted to support Portal26 as it continues its impressive journey to becoming the trusted platform for GenAI governance, security, and strategy in the enterprise. This round comes at a time when Portal26 has a mature, enterprise-grade solution that monitors hundreds of thousands of enterprise GenAI users. With exceptionally high customer trust and excellent support from ecosystem partners, Portal26 is poised for strong growth.”
Lu Zhang, Founder and Managing Partner, Fusion Fund
“As enterprises across the world invest in Generative AI, they understand that a platform to manage and measure all aspects of AI adoption is essential to fully realize the potential of this transformative technology. We built Portal26 to provide the visibility, security, governance, and strategic analytics necessary for companies to manage their transition for the new normal of how work gets done in the enterprise. We are excited to partner with Shasta to expand our ability to enable companies to successfully extract the full value of Generative AI.”
“Portal26 stands apart from our competitors in both the quality and quantity of customers we have. A vast majority of these customers have made large multi-year commitments of up to 7 figures. This reflects their tremendous confidence in both our current platform as well as our ability to grow features at the fast pace of the broader AI market.”
Arti Raman, CEO, Portal26
