PE-VC Fund Investments

Enterprise value execution platform Rivvun AI raises $7.55 M led by Sitara Capital, 3one4 Capital

Business Line   the firm  

Pune- and Seattle, WA (USA)-based Rivvun AI has raised USD 7.55 million in a seed funding round, co-led by Sitara Capital and 3one4 Capital.Founded by Anand Veerkar, Niranjan Umarane and Patrick Linton, the firm provides an autonomous AI execution layer designed for enterprises. The technology focuses on spend assurance and margin defence to address contract-related financial leakage.The company plans to use the funds to scale its platform and expand its specialised AI agent capabilities into industries such as pharma, healthcare, banking, retail, and industrials.

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