Instant credit decisions for small businesses finally feel possible.
San Francisco‑based Kaaj raised $3.8M seed funding to reinvent SME lending with an AI‑driven credit intelligence platform.
Its agentic model ingests bank statements, tax returns, and transactional data to generate underwriting decisions in hours rather than weeks, letting lenders process 500-2,000 applications per month.
Kaaj's system has already analysed over $5B in loan applications for equipment financiers like Amur Equipment Finance and Quality Equipment Finance, delivering sub‑two‑hour approvals and 95% accuracy.
Revenue comes from a SaaS fee plus a per‑application charge, and the moat is the proprietary data network trained on millions of repayment signals.
The funding round was led by Kindred Ventures, with Better Tomorrow Ventures, and a roster of fintech angels.
Co‑founders Utsav Shah and Shivi Sharma believe improved underwriting will unlock trillions in SMB credit.
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