Lyzr Secures $8 Mn To Help Enterprises Build Custom AI Agents

The startup Lyzr has raised US$8 million (approximately INR 70.6 crore) in a Series A round led by Rocketship.vc with participation from Accenture, Plug and Play, GFT Ventures, BGV and others. The company provides a builder-platform for enterprises to create bespoke AI agents (voice-based and otherwise) that automate workflows across marketing, HR, sales and support. Founded in 2023 and headquartered in New Jersey with most of its team in Bengaluru, Lyzr reports over US$1.5 million in annual recurring revenue and schedules 350-375 demos per month. The fresh capital will be used to expand its product line and strengthen its technology team. (Inc42 Media)