New York-based enterprise AI company Leena AI announced a strategic investment from IBM Ventures, the venture capital arm of IBM, on October 20, 2026. The investment will support the company’s growth and development of autonomous AI agents for enterprise back-office operations. The financial terms of the investment were not disclosed.
Founded in 2018 by Adit Jain, Mayank Goyal and Anand Prajapati, Leena AI develops AI-powered software designed to automate workplace processes. Jain serves as CEO, Goyal as Chief Scientist and Prajapati as CTO.
The company’s AI Colleague platform deploys autonomous agents that handle employee requests and execute multi-step workflows across human resources, IT and finance departments. The platform integrates with enterprise applications including SAP, Workday, Salesforce, Oracle and ServiceNow, allowing AI agents to complete tasks within existing business systems.
Leena AI says its technology supports more than 500 enterprises globally. Its platform is designed to move beyond conversational assistants that provide information toward agents that execute operational workflows across connected applications.
IBM Ventures invests in early-stage and growth-stage companies developing enterprise technologies, including artificial intelligence, cybersecurity and quantum computing. Emily Fontaine, Global Head of IBM Ventures, said Leena AI’s focus on complex back-office operations complements IBM’s work in AI orchestration and governance.
The investment adds IBM Ventures to Leena AI’s existing investor base, which includes Greycroft and Bessemer Venture Partners.
Leena AI previously raised $30 million in a Series B funding round led by Bessemer Venture Partners in September 2021, with participation from Greycroft and B Capital Group. That financing brought the company’s disclosed funding to $40 million at the time.
