ContraVault AI Raises $3.1 Mn in Pre-Series A Round

The company plans to use the new capital to accelerate product development, strengthen its AI capabilities, and expand into international markets, particularly the United States.

Before this round, ContraVault AI had raised about $600,000 from Titan Capital and a group of angel investors. The latest investment brings additional support as the company continues to grow its business.

ContraVault AI was founded in 2024 by Sayan Sen, Isha Juneja, and Tanmay Juneja. The Bengaluru-based startup helps companies simplify and speed up the tender bidding process.

The platform is used by businesses in sectors such as construction, energy, power, defence, and aerospace. It helps reduce manual work, improve procurement processes, and support better decision-making before bids are submitted.

ContraVault provides a complete view of the tender lifecycle. It helps companies find relevant tenders that match their capabilities and assists with bid preparation and submission.

Tender submissions often require large amounts of documentation, approvals, and manual effort. ContraVault automates many of these tasks, making the process faster and more efficient.

The platform includes 13 AI-powered tools, such as RiskFinder for identifying risks, AI Negotiator for reviewing contract terms, document summarisation tools, and a Go/No-Go Analyser that helps companies decide whether a tender is worth pursuing.

ContraVault currently serves around 40 customers in India, including Voltas, Shapoorji Pallonji, Adani Group, and Sterling & Wilson. The company says its customer base has doubled in the last two months, while its platform helps clients reduce tender processing time by 60–70% and increase bid submissions by 30–35%.

Read Also- Respond.io Raises $62.5 Mn in Series B Round led by Camber Partners