Enterprise transformations represent a major expense for companies—and a common way to waste significant funds.
Worldwide spending on digital transformation is projected to reach approximately $3.4 trillion by 2026. However, McKinsey research indicates around 70% of large-scale change initiatives fall behind schedule, exceed their budget, or miss their goals, with ERP implementations performing particularly poorly. Rajiv Gupta, a founder with three prior exits (to Oracle, Cisco, and McAfee), is wagering his fourth venture can convert this high failure rate into its target market.
Axiamatic, Gupta’s new company co-founded with Kaushik Narayan, is exiting stealth mode with $54 million in funding from Greylock Partners and Bessemer Venture Partners, has learned exclusively. The startup offers what it terms an “agentic control plane” for enterprise change projects. Gupta states the platform is already deployed within large organizations like the Heico Company (a global conglomerate) and Marmon (a Berkshire Hathaway subsidiary), as well as major systems integrators, to oversee large-scale programs.
“These initiatives have surpassed human capabilities for understanding and coordination. There is an overwhelming flood of workshops, tickets, and documents,” Gupta explained to . “It is impossible for people to monitor everything. Misalignments and deviations accumulate, often going unnoticed until it is too late—which leads directly to delays and budget overruns.”
The core of Axiamatic’s offering is a real-time command center. Rather than depending on disconnected spreadsheets, presentations, emails, and notes, it automatically aggregates data from over 250 systems—including project trackers, meeting recordings, and communications from Slack or Teams—and integrates it into one unified, continuously refreshed dashboard. This “digital twin” effectively displays the original leadership objectives, the current work of teams, and frontline employee sentiment toward the changes.
The platform operates specialized AI agents that serve as persona-based “superhuman assistants” for roles like CIOs, project leads, change managers, experts, and integrator consultants. “We work alongside the teams executing the transformation,” Gupta noted. “We aren’t replacing an existing product. The incumbent is the customer’s acceptance of delays and cost overruns.”
According to Gupta, the company can deploy an initial version of this digital twin using a client’s data in less than two weeks. This rapid setup has enabled some prospects to progress from an introductory meeting to a paid contract worth hundreds of thousands of dollars within one quarter.
Heico provides an early case study. The diversified manufacturing and services firm initially implemented Axiamatic on one ERP project, then broadened its use from one to 20 programs in a year. Beyond Heico, Gupta cites an 18-month ERP project where the platform helped a client prevent a 50% budget overrun and a 40% timeline delay.
Gupta believes the market timing is now ideal. He contends that larger AI context windows, more affordable inference, and improved orchestration for autonomous agents make current capabilities impossible from just two years ago. The aim is not to supplant project managers and consultants but to boost their effectiveness by 50–60%, by uncovering the “red seeds in the watermelon”—the hidden decisions and passive resistance that derail projects while status reports appear healthy.
For Greylock investors, Gupta’s track record is well-known. After earning a Ph.D. from Caltech and working at HP Labs, he founded Confluent Software (bought by Oracle), Securent (acquired by Cisco), and Skyhigh Networks, a pioneer in cloud access security brokers before its 2017 sale to McAfee. Greylock has funded him twice before. Gupta told that most of the new capital will fuel sales, marketing, and partnerships with systems integrators and large vendors, following a period of quietly validating the product with early adopters. “If a Fortune 500 company allocates $100 million to a transformation and wastes 70% of it, that’s $70 million lost—and they lose ground to competitors,” he stated. “We are targeting that waste.”