Several tech startups — GrailPay, Bolo AI, Zorro, among others, have announced their venture capital funding to bolster innovation and business growth.
GrailPay Secures $6.7 mn
GrailPay has raised $6.7 million in funding led by Construct Capital with participation from Commerce Ventures, Broadhaven Ventures, Soma Capital, Grasshopper Bank, and additional fintech operators and angels. The strategy centers on expanding its ACH risk intelligence tools to secure and streamline bank payments. Investment will support enhancing its analytics suite, predictive models, and go-to-market team. Technology offers real-time risk detection across account enrollment, transaction monitoring, and merchant underwriting to prevent fraud and reduce payment failures. The customer focus includes payment platforms, lenders, fintech firms, and software vendors aiming to automate operations and accelerate decision-making. Investors include Construct Capital, Commerce Ventures, Broadhaven Ventures, Soma Capital, Grasshopper Bank, and others. Innovation lies in delivering a modular intelligence layer specific to ACH before transaction initiation. Benefits include reduced failed payments, faster payment processing, automated workflows, and increased security. The company was founded in 2021 and is led by co-founder and CEO Will Messina.
Bolo AI Raises $8.1mn
Bolo AI has raised $8.1 million in a seed funding round led by True Ventures with participation from Benchstrength, Accomplice, J Ventures, and Beat Ventures. The company develops an AI system of action to support heavy-industry workers by extracting operational knowledge from procedures, documents, and legacy systems to reduce downtime, improve safety margins, and optimize operations. The strategy targets deployments in energy, utility, and industrial sectors with early pilot programs at a Fortune 500 firm and a major U.S. refinery. Investment will fund the growth of engineering and go-to-market teams, deeper system integrations, and deployment acceleration across heavy-industry sites. Technology creates a unified platform that surfaces real-time insights for frontline staff and managers. Customer focus includes industrial field, plant, and office teams seeking faster, safer, smarter decision-making. Innovation centers on an AI-driven operating system tailored for heavy industries. Benefits include reduced downtime, enhanced operational safety, and improved decision speed. The company was co-founded by CEO Diti Sood and CTO Dr. Lalit Jain.
Zorro Secures $20 mn
Zorro has raised $20 million in a Series A round led by Entrée Capital with participation from Neo, Giant Step, O’Shaughnessy Ventures, Alumni Ventures, Commerce Ventures, Broadhaven Ventures, Soma Capital, Grasshopper Bank, and angels . The strategy is to transform healthcare benefits for brokers, employers, and employees through personalized defined‑contribution models. Investment will support expansion of budgeting tools, AI decision engines, broker platform integration, and go‑to‑market efforts. The technology enables employers to set individual benefit budgets and helps employees customize benefit bundles via AI-driven guidance. The customer focus includes brokers seeking more tools, employers aiming to control costs and simplify administration, and employees needing flexible coverage. Investors span venture firms and fintech‑aligned backers. Innovation lies in combining ICHRA frameworks with AI to tailor benefits. Benefits include cost predictability, administrative efficiency, personalization, and improved engagement. The company was founded in 2022 by Guy Ezekiel and Maya Perl, with Guy Ezekiel serving as CEO.
InfotechLead.com News Desk
