OneByZero raises $20M Series A: Jungle Ventures bets on AI engineers who live inside the client
Singapore's OneByZero raised a $20 million Series A led by Jungle Ventures — its first external funding — to scale its forward-deployed model of embedding engineers inside banks and telecoms to run governed AI agents on its NEO platform.

OneByZero, the Singapore-based enterprise AI firm that installs its own engineers inside client companies, has raised a $20 million Series A led by Jungle Ventures — its first external funding. The company announced the round on Monday, and says the capital will fund expansion across Asia Pacific, a new team in Japan, and development of its NEO platform for governed AI agents.
The model: engineers, not licenses
Founded in 2023, OneByZero places its own engineers inside client companies to build AI into their systems and keep improving it after launch — the "forward-deployed" playbook, in contrast to selling software licenses and walking away. Its NEO software then runs and governs AI "agents" as automated tools with defined roles and controls alongside human staff. The company builds exclusively on Amazon Web Services and works mainly with banks, telecom operators and retailers.
CEO and co-founder Niket Vaidya argues that AI only compounds when it lives in the machinery of the business: "AI can create value and keep improving when it runs inside the systems that operate a business."

What the $20M buys
The raise will grow engineering teams across the company's nine operating markets — Australia, India, Indonesia, Malaysia, the Philippines, Singapore, Thailand, the United States and Vietnam — while opening a local team in Japan, the company said in its statement. Beyond geography, OneByZero plans to move into healthcare and the public sector, and to develop the NEO platform itself.
The funding follows a three-year strategic collaboration with AWS signed last month to scale the deployment of governed AI agents across Asia Pacific and Japan — the cloud partnership effectively becomes the distribution arm the new cash will now staff up.

The numbers — and the caveat
OneByZero says it has more than doubled revenue each year for three years, that its deployments have automated more than 90% of some customer-facing interactions, and that data-modernization projects have run 50% faster under its ETL Crew tooling. Those are the company's own figures, but they explain the check: Jungle Ventures managing partner Yash Sankrityayan said OneByZero stood out for "having spent three years deploying AI in large, complex organizations with measurable results, as more Asian enterprises move AI from experimentation into core operations."
The backdrop is a regional shift. After two years of pilots, Asian enterprises are pushing agentic AI into production — and the winners of that transition are services firms that can sell governance and auditability, not just model access. OneByZero's pitch is that agents only pay off inside regulated workflows that humans still supervise.
What to watch
Watch the Japan build-out and the healthcare/public-sector push: both are regulated environments where "AI agents with defined roles" is a genuine differentiator — and where procurement cycles can swallow a $20M raise whole. The next public data point to check is whether the revenue-doubling streak survives a fourth year, this time with Jungle's capital doing the heavy lifting.