Bengaluru-based RevRag AI, which builds AI agents for banks, lenders, and insurers, has raised US$2.5 million in seed funding led by Accion Ventures.

Cedar Hill Capital, Wyser, and Venture Catalysts also joined the round.

The company said it will use the funding for product development, more deployments, and a planned US expansion.

RevRag said it works with more than 45 financial institutions, including PhonePe and Bajaj Finance, and previously raised US$600,000 in pre-seed funding.

🔗 Source: RevRag AI