Private Equity

PE-VC Fund Investments

AI platform startup Lyzr raises $8-M Series A funding led by Rocketship.vc, others

YourStory  

Coimbatore- and Jersey City, New Jersey (USA)-based Lyzr.Ai, an agentic AI infra platform, has raised USD 8 million in a Series A funding round led by global venture fund Rocketship.vc, with participation from GFT Ventures, Accenture Ventures, Firstsource, Plug and Play, BGV, Partnership Fund for New York City, and Arka. Henry Ford III, a member of the Board of Directors at Ford Motor Company, will join Lyzr's board of directors.Founded in 2023 by Siva Surendira, Anirudh Narayan, and Ankit Garg, Lyzr offers a full-stack, low-code framework for building and deploying secure, reliable, and intelligent AI agents. The company is developing the concept of organisational general intelligence (OGI), which involves networking an organization’s specialized AI agents across various functions into a cohesive system via its AgentMesh platform.The company plans to use the new capital to build the governance layer for enterprise artificial intelligence (AI) agents and to address the challenge of secure and governed deployment of autonomous agents in production.

In Nov 2024, Lyzr.ai had attracted seed funding from Artha99.