In a significant boost to enterprise IT, DevAI, a rising force in AI-powered IT solutions, has secured $6 million in an oversubscribed seed round led by Emergence Capital. The round also saw participation from Pear VC, Base10, and Benchstrength, following an earlier $1 million pre-seed investment from Pear VC.
DevAI is tackling a critical challenge within the $2.5 trillion IT software and services market: IT teams are bogged down by fragmented tools, unreliable system data, and an over-reliance on institutional knowledge. With enterprise IT professionals spending as much as 80% of their time on KTLO (Keep the Lights On) activities—tasks essential to maintaining IT infrastructure but with minimal direct business impact—DevAI is stepping in with AI-driven solutions to optimize workflows and reduce downtime.
At the guts of DevAI’s offering is the DevAI Network Intelligence Engine, a system that aggregates insights from IT tools, industry best practices, and institutional expertise. The corporate’s first AI agent, Neo, is designed to streamline IT workflows, enhance security and compliance, and minimize time spent troubleshooting.
says Susie Wee, cofounder and CEO of DevAI.
Wee, a former Cisco executive, is not any stranger to remodeling enterprise IT. She earned her Ph.D. from MIT and previously founded DevNet, Cisco’s developer program, which grew to over half 1,000,000 members. She now brings that have to DevAI, aiming to arm IT professionals with AI tools that capture institutional knowledge, enrich IT infrastructure data, and speed up productivity.
Wee’s cofounder, Edwin Zhang, brings deep expertise in enterprise technology, cloud, and software platforms. He and Wee have collaborated for over a decade on award-winning enterprise solutions.
says Zhang.
Addressing the Enterprise IT Knowledge Gap
Enterprise IT teams struggle with inconsistent “source of truth” systems, where different IT tools provide conflicting information on configurations, assets, and infrastructure. DevAI’s technology gathers and enriches data from multiple sources, creating an accurate and centralized repository of institutional knowledge. The answer enables IT teams to:
- Reduce MTTI (Mean Time to Discover) and MTTR (Mean Time to Resolve) incidents, minimizing costly downtime.
- Improve source of truth accuracy by consolidating and validating data from different IT tools.
- Capture and retain institutional knowledge, stopping information loss when tenured IT professionals leave a corporation.
- Unencumber domain experts from repetitive tasks, allowing them to give attention to strategic initiatives.
Investor Confidence in DevAI’s Market Potential
Emergence Capital’s backing signals confidence in DevAI’s ability to rework enterprise IT operations.
says Santi Subotovsky, General Partner at Emergence Capital.
Mar Hershenson, founding managing partner at Pear VC, echoes this sentiment:
Real-World Impact: Partnering with Industry Leaders
Beyond investor support, DevAI is already working with major enterprises, including FedEx and Cigna, to refine its AI-driven solutions through real-world deployment.
Aryo Kresnadi, Technical Director at FedEx, emphasizes the importance of DevAI’s collaboration:
The Road Ahead: Scaling AI for Enterprise IT
With its fresh injection of capital, DevAI plans to expand its AI-powered agent solutions, onboard more enterprise partners, and enhance its platform’s capabilities. The corporate is constructing a thriving IT community, inviting enterprises to affix as design partners to shape the following generation of AI-driven IT management.