IBM Ventures has invested in Leena AI, a company specializing in autonomous artificial intelligence agents for large enterprise back-office functions, covering HR, IT, Finance and Procurement. Founded in 2018 by Adit Jain, Mayank Goyal and Anand Prajapati, and based in New York and San Francisco, the company generates annual recurring revenue exceeding $20 million, with 300% growth over the past 12 months. Its AI agents autonomously resolve over 70% of support tickets, delivering a return on investment of 4 to 10 times for customers. Leena AI serves more than 500 global enterprise clients, including Coca-Cola, Nestlé and Sony, with its software reaching over 20 million employees. The company has raised approximately $41 million in total, with the amount of IBM Ventures’ investment remaining undisclosed.
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