Kaaj, an AI-fintech startup focused on credit intelligence for small and medium-sized borrowers, has raised $3.8 million in a seed funding round led by Kindred Ventures, with participation from Better Tomorrow Ventures and other investors.
The company will use the funding to expand its product suite, enhance its AI modules, and grow its customer base of lenders and brokers serving the SMB financing sector.
Founded in 2024 by Utsav Shah and Shivi Sharma, Kaaj is based in San Francisco and builds AI workflows that automate credit risk analysis. Its platform verifies borrower documents, organizes financial information, conducts fraud checks, and integrates with loan origination systems and CRM tools such as Salesforce and HubSpot.
Kaaj aims to shorten underwriting timelines from weeks to minutes, helping lenders process smaller loans more efficiently and extend capital access to more small businesses.
Since launch, the platform has processed over $5 billion in loan applications and is already used by lenders including Amur Equipment Finance and Fundr.
