Edra, a New York–based AI startup specializing in automating enterprise workflows using operational data, has raised $30 million in Series A funding.
Investors
The round was led by Sequoia Capital, with participation from 8VC and A*.
Sequoia Capital is a premier venture capital firm based in Menlo Park, managing approximately $60 billion in assets. The firm invests across seed, early, and growth stages in the technology sector, helping founders build enduring companies from inception to IPO and beyond.
Edra Use of Funds
The company will use the funding to scale its platform, which transforms operational data into a dynamic knowledge base, and to expand enterprise adoption.
About Edra
Founded by Eugen Alpeza and Yannis Karamanlakis, Edra is a New York–based startup focused on automating enterprise workflows by converting fragmented operational data into a continuously updated, AI-powered knowledge base. The company leverages artificial intelligence to analyze data sources, such as emails, logs, support tickets, and chat histories. Headquartered in New York, Edra is already working with notable customers, including HubSpot, ASOS, and Cushman & Wakefield.
Funding Details
Company: Edra, Inc.
Raised: $30.0M
Round: Series A
Funding Date: March 2026
Lead Investor: Sequoia Capital
Additional Investors: 8VC, A*
Company Website: https://edra.ai/
Software Category: AI / Workflow Automation / Knowledge Management
Source: https://techcrunch.com/2026/03/18/two-palantir-veterans-just-came-out-of-stealth-with-30-million-and-a-sequoia-stamp-of-approval/