Startup Uses Its Own AI Agent to Close $100M Round

Lyzr, a three-year-old Jersey City startup building enterprise AI agents, just closed a $100 million Series B using its own AI agent, SivaClaw. This AI handled investor Q&As with over 130 backers, drafted investment memos, and tracked which slides investors spent time on — effectively running the entire fundraise while proving the product’s value. The round valued Lyzr at around $500 million and saw $400 million in interest from Silicon Valley, the Middle East, and financial investors. Remarkably, founders didn’t need to travel for meetings, signaling a shift in fundraising norms. Why it matters: This shows how the AI boom is creating a self-reinforcing cycle where AI startups can both use and sell the same tools, while capital flows so easily that traditional roadshows may become obsolete for hot companies.