Engenai’s generative AI search intelligence is powered by vector databases and Large Language Models (LLMs). We help your customers discover the breadth and depth of your inventory to drive revenue. We unlock the full potential of your enterprise data, while protecting your competitive advantage. Engenai minimizes your initial capital investment while accelerating your time to market by allowing you to manage and control usage and cost of multiple LLM implementations from a single dashboard.
Can you tell us a little bit about your role and background?
My name is Irena Stetska and I’m the Founder and CEO of the company and oversee Sales and Client Relationships. I have more than 20 years of experience in Technology, about 10 years in Engineering Leadership and 10+ years of Sales Leadership and Client Relationships management here in Silicon Valley. I have always been passionate about creating Innovative Solutions for my clients by using cutting edge Technology to solve their business problems. I’m excited to join forces with some of the brightest minds in the industry to apply the latest innovation in AI to help companies grow their businesses.
Why were you inspired to build Engenai?
Throughout my career, I have seen many successful companies (in Silicon Valley and beyond) and I’ve had an opportunity to learn from amazing leaders. It’s always been my dream to be an entrepreneur, like my dad, and to eventually apply everything I learned from working in a corporate environment to building my own company and my own dream team. Being an entrepreneur takes a tremendous amount of hard work, focus, and carries a lot of risk so it took me 20 years to get prepared for it. All the stars aligned with the recent rise of AI and new window opportunities in the AI space, as well as my co-founders, who I highly trust and respect, coming together and being open to pursue this idea. I decided to take the leap and make it happen.
The way I see my role as the CEO is bringing together an amazing leadership team around a mission to democratize access to enterprise Generative AI and, in my role as VP of Sales, to bring this innovation to as many businesses as possible and to accelerate their growth.
I am extremely grateful to work alongside my co-founder, Sergio Gonzales, an amazing leader who I had the pleasure to work with 15 years ago at eBay, and to build a next-gen innovation with an extremely intelligent and talented Engineering team, who we have hand picked for this mission. It truly feels like bringing a dream team together to shape the future of how AI technology is used to help the businesses.
How does Engenai stand out?
Engenai stands out in several key ways.
- Democratization of AI: We believe in democratising access to generative AI technology, which is poised to reshape many aspects of our lives. By operationalizing Large Language Models (LLMs), we create a bridge for businesses of all sizes to harness the power of AI.
- Transformative Interaction with Information: Engenai changes the way we interact with information. Instead of adapting to how search algorithms understand data, our generative AI empowers businesses and customers to interact with data in a more natural and intuitive manner. This enhances discovery and exploration.
- Flexibility and Cost Management: With Engenai, businesses have the flexibility to leverage multiple LLMs, across proprietary, open-source, and custom models. This allows them to select the right model for their specific needs without bearing the heavy costs associated with technological lock-in. We provide a central management console to oversee LLM utilization and costs, which aids in transparency and cost management.
- Time to Market: We understand that time is a valuable resource for businesses. Engenai offers turnkey solutions that enable businesses to go live with their AI implementations in weeks instead of months. This saves time, reduces the initial capital investment, and accelerates the realization of benefits.
- Ongoing Innovation: We are committed to staying at the forefront of the rapidly evolving landscape of Large Language Models. Our focus is on integrating the best-of-breed models as they emerge, ensuring our clients have access to the latest and most effective models to drive their business growth.
Who are Engenai’s target customers?
Engenai’s customers span across a range of industries and business sizes, particularly those that deal with large amounts of data and need advanced search capabilities that are impossible to implement using traditional search and data processing.
We decided to initially focus on e-commerce businesses since my co-founder, Sergio Gonzales, and I have many years of experience in the e-commerce space, and we are both passionate about the future of e-commerce.
To summarize, Engenai’s customers include (but not limited to):
- E-commerce Businesses: Retailers can benefit significantly from Engenai’s services. The platform can help optimize search results, making it easier for customers to discover products. It reduces instances of zero, low, and irrelevant (ZLI) search results, leading to improved customer satisfaction and increased sales.
- Enterprise Organizations: Large corporations that handle vast amounts of data can leverage Engenai’s AI capabilities to extract insights from their data more efficiently. These could be companies in sectors like finance, healthcare, technology, and more.
- Digital Marketing Agencies: These agencies can use Engenai’s services to better understand their data, find patterns, and develop more effective marketing strategies.
- Technology/Product Companies: Companies developing software products and solutions, especially those involving data management and user interfaces, can use Engenai’s platform to enhance their products’ search and discovery features, as well as for early prototyping and modeling for how they are going to use AI for their business.
What makes you excited about the future of Engenai?
I am a massive advocate for AI and its practical applications, particularly those which cater to real-world business needs. While there are ongoing debates among skeptics about AI taking over the world, I’m on the ground, working with my team to apply AI to solve tangible business problems. This pragmatic approach, I believe, is where the true power of AI lies.
The changes that Generative AI is bringing to our world, how we interact with information, and the doors it opens – it feels like a thrilling journey into space, shaping the future of technology.
At Engenai, we aim to democratize AI technology, which can often be complex and expensive. Our mission is to simplify AI implementation for our clients, making it accessible for businesses of all sizes. This effort to level the playing field in the tech landscape gives me a deep sense of purpose and fulfillment.
And finally, I cannot express enough the excitement I have for the team we are building at Engenai. Each member of the team is brilliant, talented and passionately dedicated to our shared mission. Their drive, commitment and creativity are inspiring and something I’m profoundly grateful for. I’m excited to share that journey with them and to make a difference in the world together.
