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TechCrunch·2 min read·medium

An AI agent startup just let its agent run its $100 million fundraise

C
Connie Loizos
An AI agent startup just let its agent run its $100 million fundraise
AI Summary

AI startup Lyzr successfully raised $100 million in a Series B funding round managed primarily by its own AI agent, SivaClaw. The process demonstrated the efficiency of AI in handling investor relations and data tracking without traditional in-person meetings.

There’s something almost too meta about this one, via Bloomberg . Lyzr, a three-year-old, Jersey City, New Jersey, startup that helps enterprises build AI agents, used its own AI agent to raise its own round. The system, SivaClaw, reportedly fielded questions from more than 130 investors, drafted investment memos, and even tracked which slides backers lingered on.

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