Built for the highest-stakes projects on the planet
Critical project data deserves both powerful intelligence and complete control.
See Privalyx in ActionFounder's letter
My career began with a question: how do you unlock the value of critical data without losing control of it?
As an engineering mathematician in corporate R&D, I began investigating this question in 2001 while spearheading work in machine learning and data privacy. My published work (scientific papers & patents) made a global impact, however, I didn't want those ideas to stay confined to research; I wanted to build systems that solved real-world problems and, in 2016, I transitioned into commercial data science development.
In 2019, my path naturally aligned when I discovered the art of large capital project management. For the next 5½ years, I led AI and Engineering, at Nodes & Links, where my team applied AI and mathematical modeling to mega-projects. We examined how delays—even those outside the critical path—could ripple through a billion-dollar schedule.
That experience revealed two things.
Firstly, project data contains enormous untapped value, and the organizations that need that value most are often the least able to risk exposing it. I sat across the table with PMO Directors and Project Controllers who needed AI-grade answers, only to watch them hesitate; handing over that data was a risk they simply couldn't take. Confidentiality clauses, contractor liability, sovereign data rules—the sensitivity of capital project data isn't a compliance footnote. It's a material business risk.
Secondly, tedious workflows are consuming the time and attention of PMO teams. Project Managers and Controllers need faster analysis, automated reporting, earlier visibility of risks and delays, and a connected view of schedule, progress, cost, risk and project health. They also need to coordinate actions across teams without stitching together separate tools.
Crucially, bolting an AI assistant onto fragmented project controls does not fix the fragmentation underneath. AI must be embedded within the control environment—working across connected data to accelerate analysis and reporting, surface important relationships, and support managerial judgement without replacing it.
Fixing this fragmentation safely requires a complete rethink of how software is built. I discovered that the classic SaaS architecture is not always the best technology for security and performance engineering: ship the data out, wait for a server somewhere to queue it, store it, process it, and ship an answer back. While cloud software transformed enterprise collaboration, it has not been designed for every type of data or every operational context.
Recognizing this gap is how we forged our vision at Privalyx—and I'll say it plainly: for critical and commercially sensitive work, cloud-only software (SaaS) should no longer be the default. It will give way to a local-first architecture in which sensitive data and critical computation remain on hardware the customer controls. When cloud services are needed for collaboration, backup, additional computing capacity or external LLMs, privacy must remain enforced by design.
That's the future we are building towards: a world where the most sensitive, highest-stakes projects on the planet run on AI that's as private as it is powerful. Where “privacy-first” doesn't mean “slower” or “less capable,” and where project teams never again have to choose between getting the answer fast and keeping their data safe.
Privalyx exists because we refused to accept that trade-off.
— Dr. Georgios Kalogridis, Founder, Privalyx
About the company
Privalyx exists because critical project data deserves both powerful intelligence and complete control. We build Privalyx for PMO leaders who need to explore schedule, progress, cost, risk, project health, and project intelligence, and then synchronise team action in one connected workspace—without surrendering control of the underlying data.
What we believe
Most enterprise AI works by asking you to trust someone else's servers—trust their ISO certificate, trust their “anonymisation,” trust that the model wasn't quietly trained on a pool of commercially sensitive schedule data. We think that's backwards. Trust shouldn't be the price of admission for intelligence.
So we built the harder thing instead: a local-first platform where your project data is never exposed outside your environment—not even to us. Your project data remains local by default. When you choose to sync, share, or back up project data, Privalyx encrypts it end-to-end before it leaves your device. Your data stays completely under your control. When you use Microsoft LLM for reports, we never store your data on external servers. Privalyx cannot read your project data or your reports.
We are driven by our vision of local computing for everything that matters — speed, sovereignty, control — combined with zero-knowledge cloud sync for the moments you actually need to collaborate, share, or back up. That's not a compromise position. It's the architecture we believe will increasingly become the standard for B2B software handling sensitive and commercially critical data. We just decided not to wait for the rest of the industry to catch up.
We didn't add privacy as a feature. We built the entire architecture around it, and then made sure it was still fast enough that nobody has to choose between “secure” and “usable.”
Our principles
Privacy isn't a policy. It's the architecture.
Every capability we ship is built local-first, from day one—not retrofitted with a privacy notice.
Speed is a form of respect.
Waiting for a spinner while a mega-project's numbers crunch in the cloud is a tax on your team's thinking time. We refuse to charge it.
We compute on your hardware, not in someone else's data centre.
Privalyx runs natively on your machine delivering immediate analysis even when you are offline.
AI supports judgement—it doesn't replace it.
Our models are grounded in your real project data and built to be traceable and explainable, not confidently wrong.
Your data has no landlord.
Open integrations, no lock-in, complete ownership—always.
Performance is measured in milliseconds. Trust is earned over years.
We prioritise reliable performance over headline features.
Core team
Dr. Georgios Kalogridis
Founder
Georgios (PhD Maths, MSc Advanced Computing, Dipl Electrical Engineering) is a renowned expert in AI algorithms, specialising in high-stakes enterprise applications.
Spanning a career of more than 25 years in corporate R&D and advanced software engineering, he has led the commercialization of complex mathematics into multi-million-dollar innovations. His deep-tech credentials include 33 patents, 41 scientific publications, and over 3,900 citations, with published work recognized by NIST, Ontario's Privacy Commissioner, IEEE Spectrum, and Nature. Since 2019, Georgios has been spearheading AI technologies for project management controls on global mega-projects.
In 2026, he founded Privalyx to redefine how PMO teams work in the age of AI—accelerating human potential with frontier-grade privacy.
Dr. Alexandros Zenonos
AI Lead
Alexandros (PhD AI & Multi-Agent Systems, MSc. Advanced Computing, BSc. Computer Science) is an AI and data science leader specialising in turning advanced AI research into practical, scalable products.
His experience spans healthcare, financial services, consulting, and enterprise technology, with a focus on machine learning, natural language processing, generative AI, agentic systems, and trustworthy AI. His academic work has been published in leading international AI venues including AAAI, AAMAS and JAIR.
He joined Privalyx as a strategic partner, playing a central role in shaping the company's AI vision and unlocking the full potential of project controls.
Eleana Karayianni
Business Development Lead
Eleana (MBA, MEng (Hons), CEng, MICE) is a business development and engineering professional with over 14 years of international experience across construction, engineering and technology in the UK and Europe.
A Chartered Civil Engineer by background, she brings a practical understanding of the construction industry and the challenges faced by the people and businesses operating within it.
She joined Privalyx with ambition to make advanced technology genuinely useful and accessible to construction and project teams.
Nikolaos Soulitzis
Product & AIUX Lead
Nikolaos (MBA Marketing, BA Tourism Management) brings more than 20 years of multidisciplinary experience spanning marketing, sales, product strategy and UX - including over 12 years focused on designing digital products and experiences and, more recently, AI systems.
This multidisciplinary background gives him a rare perspective: he understands both the human experience and how intelligent systems are designed. His background includes work with Innovate UK on GOV.UK services, EG Radius at LexisNexis, Whatagraph, GivePanel and several design agencies.
He joined Privalyx to help shape its product vision and lead its AI user experience, ensuring that complex technology remains clear, intuitive and grounded in real customer needs.