Lama AI Raises $9M in Seed Funding


Lama AI, a New York-based business banking technology provider, raised $9M in Seed funding.

The round was co-led by Viola Ventures, and Hetz Ventures, with participation from Foundation Capital, and SixThirty, as well as senior Fintech Executives including Shai Stern, CEO of Checkalt, Nathaniel Harley, Co-Founder & CEO of Mantl, and Elad Tsur, Co-Founder & CEO of Planck.

The company intends to use the funds to unlock credit opportunities for small-medium businesses.

Founded by Omri Yacubovich (CEO) and Ran Magen (CTO), Lama AI provides a technology platform that empowers Banks, Fintechs and other industry players in the embedded finance ecosystem to enable fast efficient access to bank-rate credit opportunities including term loans, lines of credit, ABL, factoring, letters of credit, SBA loans, and more. 

Through an AI-powered platform, the company enables its partners to onboard customers quickly while offering a wider range of financial products without compromising target risk levels. Fintech partners avoid the need to build their own lending infrastructure and models as well as secure credit facilities , while enjoying increased approval rates.