Fundraising Fox

Kaaj

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

Find your way into Kaaj

368 people in our graph share verified history with the Kaaj team — schools, employers, funds. One of them is your warm intro.

Hans Tungunlockedknows Utsav Shah · together at Snapdeal (overlapped)
×5knows the team · via Cruise
knows the team · via On Deck
×3knows the team · via CFA Institute
×2knows the team · via Delhi University

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 LearningFintechSaaS

Founders & leadership

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

USUtsav Shah
Utsav ShahinCo-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.
SSShivi Sharma
Shivi SharmainCo-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 VenturesSan Francisco · $500K – $4M
Kindred VenturesSan Francisco · $250K – $2M
Coughdrop CapitalreportedSeattle · $40K – $100K
Karman VenturesreportedAustin · $100K – $500K

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 2025Kaaj Raises $3.8 Mn To Automate Small Business Lendinginc42.com · Nov 2025AI fintech startup Kaaj raises $3.8 million from Kindred Ventures, others - The Economic Timesm.economictimes.com · Nov 2025Kaaj Raises $3.8M to Expand Access to Capital for Small Businesses with New Agentic AI Credit Intelligence Platformbusinesswire.com · Nov 2025Credit risk automation platform Kaaj raises $3.8M seed from Kindred Ventures | TechCrunchtechcrunch.com · Nov 2025Kaaj 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.