AI startups Lyzr and Ollama close $100M and $65M Series B rounds

Lyzr raised $100 million by using its own AI agent to manage the fundraising, and Ollama raised $65 million in a Series B led by Theory Ventures.

• Lyzr raised a $100 million Series B at a roughly $500 million valuation.
• Lyzr used its AI agent SivaClaw to field questions from over 130 investors and draft investment memos during the fundraising.
• Ollama raised a $65 million Series B led by Theory Ventures, bringing its total funding to $88 million.
• Ollama CEO Jeff Morgan said the platform is used by over 8.9 million developers monthly and is present in 85% of Fortune 500 companies.