The round was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and renowned angel investors. illumex empowers organizations to overcome data challenges that hinder generative AI (GenAI) initiatives by automating the creation of a semantic layer that unifies data silos and adds business context, as well as generating a consistent vocabulary of domain-specific terminology. The company already has large enterprises, like Teva and Carson, leveraging illumex for their data AI readiness and has forged partnerships with Microsoft, Google Cloud, and AWS.

illumex empowers organizations to unlock the full value of their enterprise data through its Generative Semantic Fabric. The company's turnkey platform automates the complex process of mapping data semantics and resolving terminological inconsistencies across business silos - a critical step for achieving AI and GenAI readiness. By enabling transparent and governed data interactions with LLMs, illumex opens up transformative enterprise use cases for generative AI. The company was founded by Inna Tokarev Sela, former AVP & Head of AI at Sisense and Senior Director of Machine Learning at SAP, who brings two decades of experience leading large-scale initiatives to leverage data for AI. illumex is an alumni of the Intel Ignite and ICON programs.