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There’s something almost too self-referential about this one, according to a Bloomberg report. Lyzr, a three-year-old startup based in Jersey City, New Jersey, that helps enterprises build AI agents, used its own AI agent to raise its latest funding round. The system, called SivaClaw, reportedly answered questions from over 130 investors, drafted investment memos, and even tracked which slides backers spent the most time on. It essentially managed the entire process for the startup’s $100 million Series B round, which came with a valuation of roughly $500 million—all while proving that the product actually works. It’s hard to imagine a more compelling sales pitch.

But the most telling detail, as Bloomberg recounts, is how little traditional legwork was involved. Lyzr told the outlet that it generated $400 million in interest from investors across Silicon Valley, the Middle East, and the financial sector—without a single founder needing to fly out and do the usual rounds of coffee meetings and warm introductions up and down Sand Hill Road. That may be the real story of this go-go moment: there’s so much capital chasing AI bets that startup founders with traction barely have to leave their desks to raise nine figures.