Champ AI Raises $8.5M Seed

Champ AI, a San Francisco, CA-based software startup, has emerged from stealth with $8.5 million in funding.

Investors

The funding round was led by Redpoint Ventures, with participation from defy.vc, SV Angel, and a group of prominent industry angels including Max Mullen and JJ Zhuang.

Champ AI Use of Funds

Champ AI plans to use the new capital to expand its engineering and go-to-market teams, accelerate product development, and deepen its presence across key industry verticals including healthcare, finance, insurance, and logistics.

About Champ AI

Founded in 2026 by Jagannath Putrevu, Ted Cheng, and Peter Lin, Champ AI is an enterprise automation platform that helps organizations identify, automate, and optimize operational workflows using AI agents. The company enables businesses to automate browser tasks, document processing, and phone-based workflows across industries including healthcare, insurance, finance, and logistics. By combining workflow discovery with agent-based execution, Champ AI helps enterprises improve efficiency and scale operations without adding headcount.

Funding Details

Company Website: https://champ.ai

Company: Champ AI
Raised: $8.5M
Round: Seed
Funding Date: May 13, 2026
Lead Investor: Redpoint Ventures
Additional Investors: defy.vc, SV Angel, Max Mullen, JJ Zhuang
Company Website: https://www.champ.ai/
Software Category: Enterprise Automation
Source: https://www.globenewswire.com/news-release/2026/05/13/3294553/0/en/champ-ai-emerges-from-stealth-with-8-5m-in-new-funding.html