Refold AI, an enterprise AI startup that provides an AI-driven platform to automate API integrations, has raised $6.5 million in a seed funding round led by Eniac Ventures and Tidal Ventures.
The round also saw participation from Better Capital, Ahead VC, Karman Ventures, Z21, and other notable angel investors.
The funds raised will be used to expand its engineering team, deepen product integrations, and support its growing enterprise customer base.
Founded in 2023 by Jugal Anchalia and Abhishek Kumar, Refold is an AI-powered, secure enterprise integrations platform.
Refold AI aims to replace traditional middleware and manual coding with AI agents that can learn system behavior, write and maintain integration code, and adapt to software changes.
By combining autonomous agents, memory-based orchestration, and secure edge deployment, Refold enables teams to go from integration requests to live workflows in hours instead of months.
The company currently works with over 30 paying enterprise customers, including Incorta and Naehas, and has grown 2X in two months, supporting more than 1,500 active users and processing 30+ million API calls per month, with ARR already in the seven figures.
With a 20-person team across San Mateo and Bangalore and plans to grow to 30 by year-end, Refold is now focused on deepening its enterprise integration catalog and pushing toward zero-friction deployment.
Jugal Anchalia, co-founder and CEO, Refold AI, said, “We were spending more time managing chaos than building software. We started Refold with a simple idea: integrations are repeatable and cumbersome, it should not need humans.”
Abhishek Kumar, co-founder & CPO of Refold, said, “We’re not building another workflow tool. We’re replacing the consultant economy with agents that learn and scale. In the future, integrations should be free, fast, and invisible.”
Hadley Harris, Founding General Partner at Eniac Ventures, said, “As we enter the agentic era, enterprise integrations stand out as one of the most compelling and valuable use cases. For decades, companies have burned billions on brittle, bloated workflows. Refold has rebuilt the stack from the ground up to make integrations seamless and intelligent, and the market is already catching on.”
Nicholas Muy, Venture Partner at Tidal Ventures, said, “Finally, someone is fixing the most broken part of enterprise software. For decades, we’ve been patching integrations with expensive consultants and manual work. Refold’s AI agents don’t just patch the problem—they eliminate it. This is a fundamental leap forward.”
