$350B/year goes into duct-taping APIs. We raised $6.5M to build agents instead.

By Jugal Anchalia
2 min read

Table of Contents

Every enterprise feels it, but most of them can’t do anything about it.

That slow bleed of time, money, and talent spent just to make systems talk to each other.A workflow breaks, a new customer needs a custom sync, a field changes in SAP, and half the reporting stack collapses.

The result: integration tickets pile up, consultants bill by the hour, and business teams wait weeks for something that should’ve just worked.

That’s costing companies over $350B a year globally. We think it’s time to kill it.

So we raised $6.5M in seed funding to build the AI-native infrastructure that replaces it.The round was led by Eniac Ventures and Tidal Ventures, with participation from Better Capital, Ahead VC, Karman Ventures, Z21, and several incredible angels.

What we’re building

We’re building an AI-native execution layer where autonomous agents plan, build, and maintain integrations across your stack.

These agents do what entire teams or external partners used to:

  • Understand how systems behave
  • Write the glue code
  • Sync data across APIs and browsers
  • Handle retries, auth flows, field mismatches, and edge cases
  • And most importantly - adapt automatically when systems change

Why this matters

Before Refold, we ran large-scale deployments across enterprise systems.We’ve lived through the chaos:

  • Multi-quarter ERP-to-CRM syncs
  • Endless finance reconciliation patches
  • Fragile supply chain integrations held together by scripts and hope

They were repeating patterns that teams were solving the hard way - again and again.

So we built Refold to turn every one-off service ticket into repeatable, intelligent software.

Under the hood

Refold is structured across three key layers:

  1. Workflow AgentsFor solution engineers and developers to generate, test, and maintain production-grade integration logic without boilerplate or ticket sprawl.
  2. MCP ChainsA natural language layer where business teams can describe workflows and let agents handle the rest from logic to deployment.
  3. Embedded Integration MarketplaceFor SaaS product teams to offer native integrations (UI + logic + observability) with zero setup and full enterprise safety.

Together, these layers allow companies to replace project-based chaos with agent-powered repeatability.

Where we are now

We’re already working with 30+ paying enterprise customers, including Incorta and Naehas. We’ve seen:

  • 2x growth in the past two months
  • Over 1,500 active users
  • 30M+ API calls per month
  • Seven-figure ARR

In production, our agents have:

  • Automated reconciliation in finance workflows
  • Unified inventory and ordering systems
  • Built real-time ERP-to-CRM data syncs
  • And eliminated weeks of ops work 

This funding helps us go deeper: more integrations, more adaptability, more invisible infrastructure.

What’s next

We’re growing our 20-person team across San Mateo and Bangalore to 30+ by year-end.We're expanding our agent capabilities across verticals and investing in zero-friction deployment for AI-first enterprise teams.

As AI becomes core to how work happens, Refold will be the layer that lets it execute reliably, safely, and autonomously.

We’re grateful to our early customers, partners, and investors for believing in this future.

And if you’ve ever duct-taped an integration and thought, there has to be a better way - we’re building it.

Come talk to us.

Last Update: August 13, 2025

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