Overview
- The $3.8 million seed round was led by Kindred Ventures with Better Tomorrow Ventures participating, and Inc42 reports additional backers including Karman Ventures, Pythia Ventures, Coughdrop Capital and several fintech and AI executives.
- Kaaj says the funding will accelerate product work and support expansion into U.S. small-business lending as well as the equipment finance segment.
- Its agentic AI workflows automate end-to-end credit analysis, cut underwriting from days to minutes, integrate with lenders’ LOS and CRMs such as Salesforce, HubSpot, Microsoft Dynamics and Zoho, and run document-tampering and fraud checks.
- The platform is in use with customers including Amur Equipment Finance, Quality Equipment Finance and Fundr, with the company saying lenders can onboard in about three weeks.
- Kaaj reports more than $5 billion in loan applications analyzed and claims large throughput gains for underwriting teams, though the specific multipliers cited vary across outlets and remain company-reported figures.