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VC funding deals: Kastle, Viabot, Magentic

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Published on 2026-09-18 01:06:00
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VC funding deals: Kastle, Viabot, Magentic

The latest VC funding deals include announcements from Kastle, Viabot, Magentic, Insight Partners, Walden International, Felicis, Sequoia Capital, and others.

VC funding news InfotechLead.com Kastle Raises $24 Million Series A as Banking AI Agents Process $2 Billion in Transactions

Kastle has raised $24 million in Series A funding led by Insight Partners, with existing investors Y Combinator and Commerce Ventures participating. Fifth Wall and several founders and financial-services executives joined as new investors. Kastle develops AI agents for consumer-lending operations that work across banks’ existing core systems rather than requiring institutions to replace their infrastructure. Its agents execute high-volume workflows and update systems of record while human employees handle work requiring judgement or customer interaction. Kastle says its technology is already used by large enterprises and banks and has processed more than $2 billion in transactions. The company is backed by Insight Partners, Y Combinator, Commerce Ventures and Fifth Wall.

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