Lokam.ai Raises $350,000 in Funding

Lokam.ai, a New York-based voice-first AI platform built for automotive dealerships, has raised $350,000 in funding.
Investors

This round was led by World Auto Group, an automotive dealership group that utilized the platform. Additional investors include LvlUp Ventures and the NVIDIA Inception Program.

Lokam.ai Use of Funds

Lokam.ai plans to use the capital to support the continued development and scaling of its voice-first AI platform, which integrates with existing CRM and DMS systems to help dealerships recover lost revenue and save operational time.

About Lokam.ai

Founded by Muhammed Saleeq, Lokam.ai is a voice-first AI platform built specifically for automotive dealerships. The company helps dealerships automate customer communication across vehicle sales and service operations through AI-powered phone calls, SMS outreach and customer engagement workflows. By integrating with existing CRM and dealer management systems, Lokam.ai enables dealerships to improve lead conversion, increase customer retention, enhance service satisfaction and recover revenue opportunities through automated follow-up and real-time analytics.

Funding Details

Company Website: https://lokam.ai

Company: Lokam.ai
Raised: $0.35M
Round: Growth
Funding Date: May 28, 2026
Lead Investor: World Auto Group
Additional Investors: NVIDIA Inception Program, LvlUp Ventures
Company Website: lokam.ai
Software Category: Automotive AI
Source: https://www.finsmes.com/2026/05/lokam-ai-raises-350k-in-funding.html