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Lightspeed Venture leads $25m round of US AI startup Composio
San Francisco-based startup Composio has raised US$25 million in a funding round led by Lightspeed Venture Partners.
Existing investors Elevation Capital and Together Fund also participated, along with angel investors Gokul Rajaram, Sohum Mazumdar, and Dharmesh Shah.
With this, Composio’s total funding has reached US$29 million.
The company plans to use the funds to expand its engineering and research teams. It aims to grow its workforce from 25 to 40 by the end of the year.
Composio offers infrastructure for AI agents to integrate with enterprise software like Gmail, GitHub, Salesforce, and Slack.
Its platform supports tasks such as email management, CRM updates, and ticket handling.
Composio serves over 200 paying customers and reports an annualized recurring revenue of more than US$1 million.
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