Skip to main content

Refold AI

Category: AI Agents

Refold AI is an AI-powered platform that automates enterprise API integrations using intelligent agents, aiming to eliminate the manual work and high costs associated with connecting different software systems. Refold AI was founded in 2023. The company is led by Jugal Anchalia. Based in San Mateo, USA & Bengaluru, India. Team size: 10-50. Total funding raised: $6.5M. Latest round: Seed. Key investors include Eniac Ventures, Tidal Ventures, Better Capital, Ahead VC, Karman Ventures, Z21.

Founded
2023
Headquarters
San Mateo, USA & Bengaluru, India
Team size
10-50
Total funding
$6.5M

Value proposition

To eliminate the enterprise 'integration tax' by replacing manual and outsourced integration work with AI-native, self-healing infrastructure, thus reducing costs and increasing efficiency.

Products and solutions

An AI-powered, secure enterprise integration platform, AI agents that automate workflow generation, data mapping, and error handling, A library of over 1,000 connectors for various enterprise applications

Unique value

Refold AI's uniqueness lies in its 'agent-first' approach. Instead of providing tools for developers to build integrations, it uses AI agents that autonomously learn how systems interact, and then write, maintain, and adapt the integration code themselves.

Target customer

Enterprises that require complex integrations between their software systems, such as ERP, CRM, and data platforms.

Industries served

Finance, Supply Chain, Business Intelligence (BI)

Technology advantage

The platform creates self-healing and adaptive integrations, significantly reducing human intervention, lowering total cost of ownership, and enabling faster, more reliable integrations.

How they differentiate

Refold is code-first rather than low-code, uses AI agents to write custom logic in context, and bills by outcome rather than hours, enabling it to handle complex legacy systems and unpredictable APIs more effectively.

Main competitors

Mulesoft, Boomi, Workato

Key partnerships

Eniac Ventures (Investor), Tidal Ventures (Investor), Better Capital (Investor), Ahead VC (Investor), Karman Ventures (Investor), Z21 (Investor)

Notable customers

Incorta, Naehas, Saleshandy, OvationCXM

Major milestones

Emerged from stealth with a $6.5M seed funding round, Launched an AI-powered platform for enterprise API integrations, Acquired over 30 paying enterprise customers

Growth metrics

Refold AI has grown 2X in two months, supports over 1,500 active users, and processes more than 30 million API calls per month. The company has seven-figure Annual Recurring Revenue (ARR).

Market positioning

Refold is positioned as an AI-powered, secure enterprise integrations platform that replaces manual and outsourced service work with AI-native infrastructure, automating the entire integration process for enterprise software.

Geographic focus

Global, with offices in San Mateo, USA and Bengaluru, India, targeting enterprise customers worldwide.

Patents and IP

No public information on patents is available at this time.

About Jugal Anchalia

Co-founder of JustDoc (acquired by Netmeds)

Official website: