Jersey City, New Jersey, United States
Lyzr AI is a Jersey City, New Jersey-based company that makes a full-stack platform for enterprises to build, deploy and govern AI agents, which customers can run inside their own cloud or on their own premises so their data stays with them. Siva Surendira, the CEO, co-founded Lyzr in 2023 with Anirudh Narayan, its chief growth officer, and Jithin George, its CTO, after selling his previous company, the AWS consulting firm Power Up Cloud. Lyzr started as an AI data analyst, launched its Agent Studio builder in January 2025 and also offers Lyzr Optimus, an on-premise AI appliance.
In July 2026, Surendira told Latka that Lyzr had closed the second quarter of 2026 at $12 million in annual recurring revenue, up from $250,000 at the end of the first quarter of 2025, $650,000 in the third quarter of 2025 and $3.5 million in February 2026, and that it ran at a 95% gross margin. He said it had 32 large enterprise customers with deals of $250,000 to $1 million, and that its largest customer, a federal agency, paid close to $2 million.
Lyzr has raised $14.5 million in total. Rocketship.vc led its $8 million Series A, announced in October 2025 at a $50 million valuation, with Accenture Ventures taking part, and Accenture led a Series A+ announced in March 2026 at a $250 million valuation. In July 2026 the company said it was raising a Series B of about $100 million.