Lama AI Raises $12 Mn in Series A Round led by EJF Ventures

With this latest investment, Lama AI's total funding has now surpassed $20 million. The company plans to continue expanding its AI solutions for the banking sector.

Lama AI has built an AI-powered platform that helps banks and fintech companies assess the credit risk of businesses. This allows lenders to make loan approval decisions for small and medium-sized businesses faster and with greater accuracy.

The company says its business has grown rapidly, reporting 300% year-over-year growth as demand for its AI-driven lending solutions continues to increase.

Since launching its platform, Lama AI has expanded its services to support a wider range of lending products, including business loans, commercial real estate financing, and credit cards.

The company says its customers have seen significant improvements in key business metrics, with some reporting performance gains of several hundred percent after using its platform.

"We are living in a time when artificial intelligence is transforming entire industries and the labor market at an extraordinary pace," said Omri Yacubovich, CEO and co-founder of Lama AI. "At Lama AI, we see the great opportunity of this period not as a way to replace people, but as a way to give great people greater influence.

"The problem we solve sits at the heart of the economy: how to enable businesses to access credit faster, smarter, and more responsibly. Behind every credit decision is a business its employees, suppliers, and community."

“Legacy lending technology platforms were built for a pre-AI world, and newer ones tend to pick a lane. Lama is different – it automates the full range of commercial lending, from SBA to C&I to CRE, and deploys alongside a lender's existing systems rather than forcing a rip-and-replace. Backed by a proven founding team and growing traction across community and regional banks, we believe Lama could become the defining next-generation platform in a multi-billion-dollar market. We couldn't be more excited to lead this round and partner with Omri and the team.” said Michael Cherepnin, a Partner at EJF Ventures.

Founded in 2022 by Omri Yacubovich and Ran Magen, Lama AI provides an AI-powered lending platform for community and regional banks. Its technology helps automate the entire loan process including application intake, borrower support, document collection, loan evaluation, approval workflows, closing, and ongoing portfolio monitoring.

By reducing manual tasks, the platform enables banks to process loans faster, improve the borrower experience and maintain regulatory compliance and credit standards. Lama AI's goal is to help banks provide fair and efficient access to funding for small businesses and other borrowers.

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