TrustList daily digest · Funding and deals
Wednesday, 14 October 2026
Funding and deals: the stories TrustList published on this day, each in a line of our own. Open a story for the whole piece and its sources.
Funding and deals7
1Funding news
RevRag AI raises $2.5m for in-app AI agents at banks and lenders
The Bengaluru company, founded in 2022, bought the LLMOps start-up GenStaq.ai last year and says it works with more than 45 financial institutions, including PhonePe and Bajaj Finance.
2Funding news
Duvo raises $32m Series A to run enterprise work with AI agents
Founded in 2025 by the team behind online grocer Rohlik, Duvo counts Morrisons, Holland & Barrett and Notino as customers and holds SOC 2 Type II and ISO 42001 certification.
3Funding news
Avarra raises $17m Series A to coach sales teams with AI avatars
Founded in 2023 and based in San Mateo, Avarra says its ARR grew more than 400% in a year and that sales teams run over 10,000 coaching sessions each week.
4Funding news
Causa Prima raises $20m seed for agents that settle invoice disputes
Causa Prima was founded by Maex Ament, who started supply-chain finance firm Taulia; it has raised $30 million in total and claims over 3,000 accounts on its network.
5Funding news
Parallel Loop raises $6.6m seed to run AI projects for enterprises
Founders Prateek Jogani and Yujun Chean sold their insurtech FairDee to Qoala in 2021; their new firm lists Havells, Licious and Tokio Marine among its named clients.
6Funding news
Alchera raises £2.7m to turn transport data into decisions
The Cambridge company sells Alchera Data Hub, Alchera Bus and Alchera Highways to councils and highways operators, and a Maven-managed fund leads a round topped up by Innovate UK.
7Funding news
Pluto Security comes out of stealth with $42m for AI agent security
A year after it was founded, the Israeli company says it secures more than 1.5 million endpoints and has reached multi-million-dollar annual recurring revenue.
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