Company Overview
Snapshot
Founded in February 2022 by Ophir Holder and Noam Shalev, Multyx operates with 1–10 employees. The company is in the Pre-Funding stage and recently announced a strategic partnership with Harel Insurance and Finance Group in March 2025 to enhance AI capabilities in the cloud.
Business overview
Multyx offers a Sensitive-Data Collaboration Platform designed to streamline sensitive data and AI partnerships and applications. Its core technology leverages Confidential Computing, supported by providers like AMD, NVIDIA, Azure, and AWS, to enable financial institutions and ecosystem partners to collaborate on sensitive data analysis, AI, and GenAI/LLM while maintaining data confidentiality and security. The platform serves markets such as financial services, including insurance, pension, and banking, and is used for evaluating AI solutions, acting as a Data Clean Room for marketing, and creating risk models with federated data.
Strategic signal
In March 2025, Multyx announced a strategic partnership with Harel Insurance and Finance Group to integrate its platform for enhancing AI capabilities within Harel's cloud infrastructure. This collaboration signals strong market validation for Multyx's Confidential Computing technology, demonstrating its potential to enable secure and efficient AI adoption in highly regulated sectors like insurance, and positions Multyx as a key enabler for enterprises seeking to leverage sensitive data for advanced analytics and AI applications.
Company Intelligence Q&A
- When was Multyx founded and by whom?
- Multyx was founded in February 2022 by Ophir Holder and Noam Shalev.
- What is Multyx's primary focus?
- Multyx focuses on providing an Enterprise SaaS Platform for Sensitive Data Collaboration and AI Partnerships, enabling secure analysis and application of sensitive data.
- Which technology underpins Multyx's platform?
- Multyx's platform is built on Confidential Computing technology, supported by major cloud and hardware providers like AMD, NVIDIA, Azure, and AWS.
- What significant partnership did Multyx announce recently?
- In March 2025, Multyx partnered with Harel Insurance and Finance Group to enhance AI capabilities in the cloud, utilizing Multyx's platform for secure data collaboration.
- What are some practical applications of the Multyx platform?
- The Multyx platform is used to evaluate external vendor AI solutions requiring bank data access, function as a Data Clean Room for marketing analysis, and create risk models using data from multiple regions while preserving data privacy.