Lazarus AI Raises $43M in Funding

Lazarus AI, based in Boston, announced a $43 million funding round to advance its independent AI platform designed for enterprises and government entities. The company provides a system that enables organizations to maintain control over their data, models, and deployment while solving complex tasks in document intelligence, cybersecurity, and legacy system modernization.

Investors

Participating investors in this round include QBE, Mucker Capital, Motivate Ventures, State Farm Ventures, Wave Function Ventures, Indelible Solutions, Joyance Partners, AllegisNL Capital, One Way Ventures, AngelList, Techstars, and Plug and Play.

Lazarus AI Use of Funds

Lazarus AI intends to use the capital to expand its strategic partnerships, invest in research and development, and accelerate the launch of new products.

About Lazarus AI

Founded to provide independent AI solutions, Lazarus AI serves highly regulated organizations, including insurers, government agencies, and financial institutions. Its technology helps organizations manage complex documents, identify software vulnerabilities, and modernize critical legacy technology, all while maintaining data privacy and operational autonomy.

Funding Details

Company Website: https://www.lazarusai.com/

Company: Lazarus AI
Raised: $43M
Funding Date: November 3, 2026
Additional Investors: QBE, Mucker Capital, Motivate Ventures, State Farm Ventures, Wave Function Ventures, Indelible Solutions, Joyance Partners, AllegisNL Capital, One Way Ventures, AngelList, Techstars, Plug and Play
Company Website: https://www.lazarusai.com/
Software Category: Artificial Intelligence
Source: https://www.businesswire.com/news/home/20261103440906/en/Lazarus-AI-Raises-%2443-Million-to-Advance-Independent-AI