Kaya AI, a New York-based global construction supply chain intelligence company, has raised $5.3 million in pre-seed funding.
Investors
The round was led by 53 Stations, Suffolk Technologies, and Soma Capital, with additional backing from Barclays Black Formation Investments (BBFI), managed by Zeal Capital Partners, RXR, Mantis VC, Virta Ventures, and other top investors.
53 Stations is a Chicago-based early-stage VC firm investing in the built world, wealth tech, restaurant tech, and digital health. 53 Stations invests in seed to Series B stage companies, both leading and co-investing, and offers access to mature businesses in TPO’s portfolio for strategic guidance and potential partnerships.
Founded in 2019, Suffolk Technologies is a venture capital investment firm based in Boston, Massachusetts. The firm invests in and partners with early- and growth-stage startups transforming the built world, with a focus on the construction and real estate sectors.
Soma Capital is a venture capital fund that invests in software to automate the world across all sectors and geographies. Soma Capital has invested in over 20 unicorns, with a combined valuation of approximately $100 billion.
Kaya AI Use of Funds
The funding will help scale the company and accelerate product development.
About Kaya AI
Kaya AI provides a native AI-enabled solution that interconnects all stakeholders within the industry. Kaya AI's core software platform is designed to eliminate data silos by integrating within existing workflow tools and facilitating consolidated procurement tracking from submittal to delivery. Its mission is to transform the construction industry by providing real-time insights and predictive analytics to make supply chains more efficient, transparent and sustainable.
Funding Details
Company: Kaya Pay Inc.
Raised: $5.3M
Round: Pre-Seed
Funding Date: January 2025
Lead Investors: 53 Stations, Suffolk Technologies, Soma Capital
Additional Investors: Barclays Black Formation Investments, RXR, Mantis VC, Virta Ventures
Company Website: https://usekaya.ai/
Software Category: AI Supply Chain
Source: https://www.prnewswire.com/news-releases/kaya-ai-launches-with-5-3m-pre-seed-to-transform-data-center-and-mission-critical-project-supply-chains-with-ai-302356728.html