Kaaj was founded by Utsav Shah, Shivi Sharma in 2024.

Who are Kaaj's investors?

Kaaj's investors include Better Tomorrow Ventures, Kindred Ventures, Coughdrop Capital, Karman Ventures.

How much funding has Kaaj raised?

Kaaj has disclosed $3.8M raised across 1 of its 2 known rounds.

Where is Kaaj headquartered?

Kaaj is headquartered in San Francisco, US.

Kaaj

San Francisco, US · Founded 2024 · 12 employees on LinkedIn · 4 known investors

Find your way into Kaaj

Paths you didn't know you had: your email and LinkedIn already hold routes to the Kaaj team. We find them for you
2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Kaaj provides an AI platform for small business credit underwriting that automates deal intake, business verification, cash flow analysis, risk detection, and credit memo generation. It serves lenders, brokers, funders, and banks across lending models including equipment finance, merchant cash advance, community banks, and SMB lending.

AI & Machine Learning Fintech SaaS

Founders & leadership

Kaaj was founded in 2024 by Utsav Shah and Shivi Sharma.

Utsav Shah Co-Founder & CEOHe previously spent nearly a decade at Uber and Cruise working on AI systems, and co-founded a nonprofit focused on data skills education in underrepresented communities.

Shivi Sharma FounderShivi Sharma has spent a decade in financial services and fintech, holding risk positions at American Express, Uber Payments, and Varo Bank where she worked on credit strategy and fraud reduction. She is co-founder of Kaaj, an AI platform for small business credit underwriting.

Investors · 4

Better Tomorrow Ventureslisted by Better Tomorrow VenturesSan Francisco · $500K – $4M

How we know: Better Tomorrow Ventures's portfolio page · a partner's Signal profile · funding news · the VCSheet dataset · Not right? Tell us

Kindred Ventureslisted by Kindred VenturesSan Francisco · $250K – $2M

How we know: Kindred Ventures's portfolio page · a partner's Signal profile · m.economictimes.com · open dataset · 5k.vc investor directory · Not right? Tell us

Coughdrop CapitalreportedSeattle · $40K – $100K

How we know: funding news · Not right? Tell us

Karman VenturesreportedAustin · $100K – $500K

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

$3.8M disclosed across 1 of 2 rounds · 2025

Undisclosed amountSeedNov 2025 · 2 sources
Kindred Ventures
Source ↗
$3.8MraisedNov 2025 · 3 sources
Kindred Ventures
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Kaaj Raises $3.8 Million in Seed Funding | The SaaS Newsthesaasnews.com · Nov 2025

Kaaj News & Press | AI Underwriting, SMB Lending & Funding Coveragekaaj.ai · Nov 2025

Frequently asked questions

What does Kaaj do?: Kaaj provides an AI platform for small business credit underwriting that automates deal intake, business verification, cash flow analysis, risk detection, and credit memo generation. It serves lenders, brokers, funders, and banks across lending models including equipment finance, merchant cash advance, community banks, and SMB lending.
Who founded Kaaj?: Kaaj was founded by Utsav Shah, Shivi Sharma in 2024.
Who are Kaaj's investors?: Kaaj's investors include Better Tomorrow Ventures, Kindred Ventures, Coughdrop Capital, Karman Ventures.
How much funding has Kaaj raised?: Kaaj has disclosed $3.8M raised across 1 of its 2 known rounds.
Where is Kaaj headquartered?: Kaaj is headquartered in San Francisco, US.