Bolo AI, a Palo Alto, CA-based enterprise AI company focused on heavy industry, has raised $8.1 million in seed funding.
Investors
The round was led by True Ventures with participation from Benchstrength, Accomplice, J Ventures, and Beat Ventures.
True Ventures is a Silicon Valley-based venture capital firm headquartered in Palo Alto (with an office in San Francisco). They focus on early-stage investing—primarily seed and Series A rounds—emphasizing software, hardware, healthcare, consumer, sustainability, climate, robotics, and related sectors.
Bolo AI Use of Funds
The company will use the funding to expand its engineering and go-to-market teams, deepen enterprise integrations, and accelerate deployments across energy, utility, and industrial sectors.
About Bolo AI
Founded by Diti Sood and Dr. Lalit Jain, Bolo AI is an enterprise AI platform purpose-built for heavy industries including oil, gas, and clean fuels. It helps industrial teams make fast, confident, and safe decisions by surfacing critical knowledge buried in legacy systems, manuals, and siloed data. Headquartered in Palo Alto, with an engineering hub in Bangalore, India. Bolo AI counts a Fortune 500 industrial firm and the largest oil refinery in the U.S. as early partners collaborating on a strategic pilot program and proof of concept.
Funding Details
Company: Bolo AI
Raised: $8.1M
Round: Seed
Funding Date: June 2025
Lead Investor: True Ventures
Additional Investors: Benchstrength, Accomplice, J Ventures, Beat Ventures
Company Website: https://www.boloai.com/
Software Category: Enterprise AI / Industrial AI
Source: https://www.businesswire.com/news/home/20250611081655/en/