Latka logo

How Refold AI CEO Jugal Anchalia grew Refold AI to $4.2M revenue with a 38 person team in 2025.

Welcome to Refold AI (formerly Cobalt)– the world's first AI-powered platform that transforms enterprise integrations into a fast, simple, and efficient experience. At Refold, we believe that connecting your software systems shouldn’t be a drawn-out, complicated process. Our innovative solution replaces tedious manual coding and expensive consulting with smart AI agents built on a robust, embedded iPaaS. Our AI agents quickly learn the unique workings of your enterprise software—from understanding complex APIs to configuring custom workflows—so that integration tasks that once took weeks or months are now completed in minutes. With our no-code interface, even complex tasks become easy to manage, enabling your team to focus on what really matters: growing your business. Refold is designed to seamlessly embed within your existing software ecosystem. Whether you’re in supply chain management, financial planning, or business intelligence, our platform delivers tailor-made integrations that connect your systems flawlessly. By automating the heavy lifting traditionally handled by system integrators, we not only speed up the process but also reduce the risk of errors and costly delays. Our solution creates a network of connected systems, ensuring that each integration adds value and builds upon the last. This means that as you adopt more applications, your system becomes smarter, more intuitive, and better equipped to support your evolving business needs. Join us on our mission to revolutionize enterprise integrations. Discover how Refold can help you achieve seamless connectivity, agile operations, and a competitive edge—all while making integration effortless. Connect with us today to learn more about how we’re making the complex simple and turning integration challenges into growth opportunities.

Last updated

Refold AI Revenue

In 2025, Refold AI's revenue reached $4.2M. Since its launch in 2022, Refold AI has shown consistent revenue growth.

Refold AI Revenue GrowthReported revenue / ARR by year$0$1M$2M$3M$4M$5M2022202320242025$0$4MSource: GetLatka.com
YearMilestone
2025Refold AI Hit $4.2m revenue in November 2025
2022Launched with $0 revenue

Refold AI Valuation, Funding Rounds

Refold AI's most recent disclosed valuation is $12.5M.

Refold AI is a bootstrapped Embedded Integration Platforms startup. Founded in 2022, Refold AI has grown to $4.2M in revenue without raising any venture capital or outside funding.

As a self-funded Embedded Integration Platforms SaaS company, Refold AI has built its business with no outside investment.

Refold AI Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120222022 cumulative: $0 • 2022 Founded: $02022 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Refold AI Employees & Team Size

Refold AI employs approximately 38 people as of 2026.

Refold AI has 38 total employees in different roles and functions.

Refold AI Team GrowthReported headcount over time0102030402022202320242025003838Source: GetLatka.com
YearMilestone
2025Reached 38 employees (November 2025)

Founder / CEO

Jugal Anchalia

Jugal Anchalia is listed as Founder / CEO at Refold AI.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Refold AI yet.

Frequently Asked Questions about Refold AI

What is Refold AI's revenue?

Refold AI generates $4.2M in revenue.

Who founded Refold AI?

Refold AI was founded by Jugal Anchalia.

Who is the CEO of Refold AI?

The CEO of Refold AI is Jugal Anchalia.

How much funding does Refold AI have?

Refold AI raised $0.

How many employees does Refold AI have?

Refold AI has 38 employees.

Where is Refold AI headquarters?

Refold AI is headquartered in San Francisco, California, United States.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Refold AI Revenue 2025: $4.2M ARR, $12.5M Valuation