A new AI-powered fundraising assistant — named Agent Sam and inspired by OpenAI CEO Sam Altman’s startup experience — is being used to help early-stage founders get through one of the toughest parts of building a company: raising capital.
🤖 What Agent Sam Is and What It Does
Agent Sam — built by Lyzr.AI, a startup that makes agentic AI tools — is trained specifically to handle the most common questions venture capitalists (VCs) ask startups before investing. Founders often spend 40%–60% of their time answering repetitive queries such as:
- What problem are you solving?
- Who are your customers?
- What’s your total addressable market?
- Who are your competitors?
- What are your current revenues?
Agent Sam can automate responses to these early-stage due-diligence questions, saving founders time and effort.
🚀 How It’s Already Being Used
The AI agent is named after Sam Altman — a widely recognised figure in the startup and AI world — because it was initially used by Lyzr.AI itself to raise capital. The tool handled early investor interactions, including due-diligence questions, before actual human conversations began. Through this approach, Lyzr logged over 1,700 sessions of founder–investor conversations conducted by the AI.
🧑💼 Why This Matters for Startup Founders
Fundraising is often repetitive and time-intensive for founders, especially when many early-stage investors ask similar questions over and over. If tools like Agent Sam can streamline these interactions:
- Founders can focus more on building products and growth.
- Less time is wasted on repetitive investor chats.
- Early qualification with VCs may speed up deal flow.
That said, Agent Sam isn’t replacing real investor conversations — it assists in pre-screening, preparation and initial engagement before founders take over for deeper discussions.
Leave A Comment