ContraVault AI raises $3.1 M Pre-Series A funding from Chiratae Ventures

With participation from current investor Titan Capital Winners Fund, Bengaluru-based procurement intelligence startup ContraVault AI has raised $3.1 million in a Pre-Series A fundraising round managed by Chiratae Ventures.

The new funding will be utilized to boost the company’s AI capabilities, expedite product development, and facilitate its growth into other markets, especially the US.

ContraVault AI, which was founded in 2024 by Sayan Sen, Isha Juneja, and Tanmay Juneja, provides infrastructure and enterprise firms with an AI-powered platform to analyze bids and requests for proposals (RFPs), identify risks, guarantee compliance, and expedite bidding decisions.

Despite the size of public and private infrastructure investment worldwide, the business focuses on digitizing bid management and procurement processes, a sector that is still largely dependent on manual workflows.

The startup claims that some of the biggest infrastructure corporations in India are currently using its platform, which has evaluated over a million tenders as part of its training dataset. Businesses can use the platform to find opportunities, assess commercial and compliance risks, review tender documents, make go/no-go decisions more quickly, and prepare bid submissions with less human labor.

ContraVault AI has developed into a more comprehensive bid management platform for infrastructure, construction, and energy firms, going beyond tender analysis.

The business intends to use the money to improve its domain-specific large language models (LLMs) and broaden its capabilities in workflow automation, procurement intelligence, and AI-assisted decision-making.