Lyzr AI, a rapidly evolving AI startup based in Bengaluru and New York, has raised $8 million in funding led by Rocketship.vc, with key participation from Accenture Ventures and others. This investment will enhance platform capabilities, double the team size, and solidify partnerships in the BFSI sector. Co-founder Anirudh Narayan noted that opting for $8 million instead of a larger amount allows for sustainable growth without heavy dilution. Founded in August 2023 by Siva Surendira, Anirudh Narayan, and Jithin George, Lyzr offers a versatile agent infrastructure platform, enabling enterprises to create private, customizable AI agents. Their flagship product, Agent Studio, is gaining traction with major clients like Accenture and AWS, streamlining complex banking, insurance, and compliance operations. With exciting collaborations lined up and a focus on no-code solutions, Lyzr aims to redefine enterprise automation, making significant strides in the generative AI landscape.
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