Fundraise

Lama raises $12M Series A to scale its AI-agent platform for banks

What's the deal? Israeli fintech LamaDealroom has a profile for this one. Try Dealroom → has raised a $12 million Series A to expand its AI-agent platform for banks.

The round, led by EJF VenturesDealroom has a profile for this one. Try Dealroom →, pushes total funding past $20 million.

Lama's technology assesses credit risk, helping banks and fintechs approve loans for small and medium-sized businesses faster and more accurately. It now covers commercial lending, real estate financing, and credit cards.

Why now? The startup reports 300% year-over-year growth and says customers have improved key metrics by several hundred percent.

It plans to use the cash to build out go-to-market, sales, and marketing teams to meet rising demand from US banks.

Other backers include Fin CapitalDealroom has a profile for this one. Try Dealroom →, 1st & MainDealroom has a profile for this one. Try Dealroom →, senior US banking executives, and existing investors SixThirtyDealroom has a profile for this one. Try Dealroom →, Viola Ventures, and Hetz VenturesDealroom has a profile for this one. Try Dealroom →.

What could go wrong? Automated credit decisions carry real risk. Faulty risk models can approve bad loans or unfairly deny good borrowers, exposing banks to losses and regulators to scrutiny.

Lama is also entering a crowded lending-tech market where established players compete for the same conservative bank clients.

The signal: Lama is still an early-stage company, yet its $12 million Series A has pulled in a notably finance-heavy backer list — from lead EJF Ventures and Fin Capital to corporate investor SixThirty CYBERDealroom has a profile for this one. Try Dealroom → and senior US banking executives. That concentration of industry insiders signals that the people who would actually deploy AI agents in lending are betting the technology is ready for core banking infrastructure, not just pilots.

Read more: Calcalist

Image credit: AI-generated image (Gemini)

Source: dealroom

More top stories