Lyzr Inc. sells AI agents to the world's biggest companies. To raise its own money, it turned one of those agents on itself.
The software handled the grunt work of fundraising - emails, questions, memos - while humans made the final decisions.
The agent, named SivaClaw after Lyzr's CEO Siva Surendira, acted like a tireless sales assistant. The system handled inquiries from over 130 potential backers, fielded their queries, prepared summaries, and monitored which sections of the pitch deck each investor viewed.
"It just sped up our fundraising process," said Surendira. "Once it's trained with the right data, it can do a lot of the heavy lifting."
Not everyone is ready to let AI run the whole show. Nishant Rao, a founding partner at Avataar Venture Partners, said the agent "meaningfully accelerated the early stages of our evaluation." But he added: "AI agents are still not at the level where they can end up materially accelerating the diligence process per se."
The AI agent's outreach pulled in far more money than Lyzr needed. The company aimed to raise $100 million in this Series B round at a valuation of about $500 million. That gave Lyzr the chance to pick and choose. "That helped us sort which investors were a better fit," said Surendira.
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Avataar Venture Partners and Open Opportunity Fund - an Atlanta-based investment vehicle initially backed by SoftBank Group Corp. and later bought by a team that included ex-SoftBank executive Marcelo Claure - were among the investors that interacted with SivaClaw. Lyzr is backed by Accenture Plc.
Over the last three quarters, Lyzr's revenue has increased by over 250% every quarter. The company's valuation doubled from $250 million after its Series A round earlier this year to $500 million now.
The company intends to make SivaClaw open-source. It has also built enterprise and sovereign versions of its AI agent platform for major banks, telecom firms, consulting companies, and U.S. government agencies. The company has developed a sovereign edition for customers such as insurance broker Willis Towers Watson Plc, electronic payments company VeriFone Inc., and a number of U.S. government agencies. Another client is In-Q-Tel Inc., a nonprofit organization that invests funds from U.S. intelligence agencies.
The rapid revenue growth and valuation surge reflect strong market demand for AI agent solutions. Lyzr's existing clients include some of the largest global enterprises, and the new capital will likely accelerate product development and expand into highly regulated sectors such as banking and defense.
Lyzr's revenue more than tripled every quarter for the past nine months, driving its valuation from $250 million to $500 million in under a year. This momentum comes from enterprises that need secure, on-premise AI agents - a need Lyzr meets with its sovereign version already deployed at Willis Towers Watson, VeriFone, and multiple U.S. agencies. The new funding will help Lyzr double down on these regulated verticals while making its core technology open-source, a move that could broaden adoption among developers and smaller firms.
Lyzr's main offering is a platform enabling companies to create self-operating AI systems within their own environments. To run SivaClaw, Lyzr built GitAgent, an enterprise substitute for OpenClaw that currently serves large banks, telecom providers, and consulting firms.
During the most recent funding round, analysts questioned the AI system about its market positioning, competitive risks, and revenue model. A few even requested that the AI assist them in presenting Lyzr to their internal investment committees.
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