Balerion AI, a San Francisco, CA–based agentic AI platform for mortgage loan origination, has emerged from stealth with $6 million in Seed funding.
Investors
The round was led by Kleiner Perkins, with participation from Formation and BoxGroup.
Kleiner Perkins is a Silicon Valley venture capital firm founded in 1972 that focuses on partnering with founders to make history. The firm invests across all stages, from seed to growth, within the consumer, enterprise, healthcare, fintech, and hard tech sectors.
Balerion AI Use of Funds
The company will use the funds to enhance its AI capabilities, expand its enterprise customer base, and grow its engineering and go-to-market teams.
About Balerion AI
Led by CEO Naren Krishna, Balerion AI is an end-to-end agentic AI platform purpose-built for mortgage loan manufacturing. Its flagship product, Balerion Loan Intelligence, is an agentic reasoning engine embedded directly into the origination workflow. It is designed to automate the mortgage origination process, from income verification to underwriting and closing. Based in San Francisco, Balerion serves lenders such as FM Home Loans.
Funding Details
Company: Balerion AI
Raised: $6.0M
Round: Seed
Funding Date: April 2026
Lead Investor: Kleiner Perkins
Additional Investors: Formation, BoxGroup
Company Website: https://balerion.ai/
Software Category: Mortgage AI / Fintech / Loan Origination Automation
Source: https://www.businesswire.com/news/home/20260416928809/en/