ContraVault AI raises $3.1M in Pre-Series A round

By: Women Entrepreneurs Review Team | Tuesday, 16 June 2026

Bengaluru-based procurement intelligence startup ContraVault AI has risen $3.1 million in a Pre-Series A funding round led by Chiratae Ventures, with participation from existing investor Titan Capital Winners Fund.

This fresh capital will be used to speed up the development of its products, boost its AI expertise and help the company expand its business operations to foreign markets, particularly the United States.

Isha Juneja, Tanmay Juneja and Sayan Sen launched IshaAI's ContraVault AI in 2024 to help the infrastructure and enterprise companies analyse tenders and requests for proposals (RFPs), identify risks, ensure compliance, and streamline the bidding decision-making process.

The startup is dedicated to digitizing the procurement and bid management process, which is a space that is still using mainly manual processes, even though it is one of the largest areas of public and private infrastructure spending across the world.

The company says a training set of over one million tenders has been analyzed on its platform, and some of the largest infrastructure companies are utilizing it. It allows companies to find opportunities, review tender documents, analyze commercial and compliance risks, speed up go/no-go decisions, and be ready to submit bids with less manual work.

Key Highlights:

• $3.1M funding led by Chiratae Ventures and Titan Capital Winners Fund
• AI platform speeds up tender/RFP analysis (60–70% faster)
• Scaling globally with 1M+ tenders analyzed and US expansion plans

ContraVault AI has grown to be not just an analysis of tenders, but a comprehensive bid management platform for infrastructure, construction and energy industries.

The funding will be used to further develop its domain-specific large language models (LLMs) and to extend its capabilities into procurement intelligence, workflow automation, and AI-driven decision-making.

The client base has doubled in the last two months and the software has reportedly cut down the time in which companies used to spend on procuring a single tender by 60-70%, with the total bids placed by them picked up by 30-35% says CEO, Sayan Sen.

Some 85% of the company's activity is derived from government project bids, although it is starting to develop skills in the private sector.

The startup has studied the tenders worth more than $2.5 billion so far, and leveraged a huge opportunity in the country's infrastructure market, which is valued at around $206 billion and is expected to grow at a 8% CAGR to $302.62 billion by 2031.

ContraVault will use construction-based events as a major path to client acquisition, and has created a subsidiary to enter the US market. The company also wants to improve its technology to create engineering drawings automatically that will be needed for bidding in infrastructure projects, bringing in more clients and giving it a competitive edge.