Funding · Enterprise Software & IT

ContraVault AI raises $3.1M Pre-Series A

By Startup Enthusiast · 16 June 2026

What they do

ContraVault AI is a procurement intelligence platform for infrastructure companies

It raised US$3.1M in Pre-Series A funding led by Chiratae Ventures

The company plans to use the funds for product innovation and US expansion

ContraVault AI raised US$3.1M in a Pre-Series A funding round.
The round was led by Chiratae Ventures.
Existing investor Titan Capital Winners Fund also participated.
The company is a procurement intelligence platform for infrastructure companies.
Its AI-powered platform helps with tender analysis, risk identification, compliance, and bid decision-making.
The funds will be used for product innovation, AI capabilities, and US expansion.
The company plans to set up a US subsidiary and fine-tune domain-specific LLMs.

Public procurement accounts for 20-25% of GDP in many economies.
India's infrastructure market is valued at ~$206 Bn and projected to grow at 8% CAGR to $302.62 Bn by 2031.
The company has analyzed over 1 million tenders as training data.
It has analyzed tenders worth over $2.5 Bn to date.

ContraVault AI is a procurement intelligence platform for infrastructure companies.
Its AI-powered platform analyzes tenders/RFPs, identifies risks, ensures compliance, and aids bid decision-making.
It serves the top 30% of India's largest infrastructure companies.
It has 40 customers in India including Tata Group's Voltas, Shapoorji Pallonji, Adani Group, and Sterling & Wilson.
Its client base doubled over the past two months as of June 2026.
85% of its business comes from government project bids.
The platform has 13 modules including RiskFinder, AI Negotiator, document summarisation, tender synopsis, and Go/No-Go Analyser.
It helps clients reduce time per tender by 60-70% and increase bids placed by 30-35%.
The company has 33 employees as of June 2026.
It reported revenue of ₹23.7 Lakh in FY25.

Use funds for product innovation and AI capabilities.
Expand into the US market and set up a US subsidiary.
Fine-tune domain-specific LLMs for procurement, tender analysis, risk evaluation, and bid decisioning.
Enhance product to automate engineering drawings for infrastructure bidding.

Customers: Enterprises, legal teams, and government contractors
How it makes money: SaaS software for tender, RFP, and procurement intelligence workflows
What sets it apart: AI that analyzes tenders and RFPs, flags risks, and supports compliance and bidding decisions