Bolo AI is an enterprise AI company building intelligent tools for the people powering heavy industry, which announced an $8.1 million Seed round led by True Ventures, with participation from Bench Strength, Accomplice, J Ventures, and Beat Ventures.
Bolo AI counts a Fortune 500 industrial firm and one of the largest oil refineries in the U.S. as early partners collaborating on a strategic pilot program and proof of concept. And with seed funding, Bolo AI will expand its engineering and go-to-market teams, deepen integrations with enterprise systems, and accelerate deployments across energy, utility, and industrial operations.
The company unlocks the knowledge buried across procedures, documents, and legacy systems, enabling teams to act quickly, safely, and with confidence. And the result is reduced downtime, improved safety margins, and smarter, faster operations across the industrial value chain.
Company founders: Bolo AI was co-founded by Diti Sood and Dr. Lalit Jain. Sood began her career as a field engineer with SLB, the world’s largest oilfield services company. She spent five years working on oil and gas field sites across the UAE and Qatar, often in extreme conditions, and was the first woman in her district to take on rig and offshore jobs. At times on the job with few accommodations, she slept in her truck between shifts.
After earning her MBA from Harvard Business School, Sood led go-to-market strategy for enterprise AI products. Jain, co-founder of Bolo AI, is a machine learning expert with over 15 years of experience building applied AI systems across cybersecurity, finance, and automation, bringing deep technical expertise to Bolo’s platform.
KEY QUOTES:
“I’ve handled radioactive tools and explosives, worked 24-hour shifts and longer in 120°F heat, and relied on outdated manuals and siloed systems to make critical decisions. That gave me deep respect for the people doing this work — and a front-row seat to envisioning tools and products to enable them to make the best decisions every single time no matter the challenges facing them. Bolo brings AI into the daily flow of work — helping technical and frontline teams make faster, more confident decisions in operations, maintenance, engineering, safety, project management and more…”
Diti Sood, CEO and co-founder of Bolo AI
“Diti and Lalit are building the infrastructure to make critical operations in heavy industries more intelligent and efficient with AI. The founding team has the unique talent, technical ability, and required customer empathy to transform an industry previously very underserved by technology.”
Helen Min, venture partner at True Ventures