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CarbonAI secured $12M in funding led by Cowboy Ventures to deploy AI agents for commercial real estate lenders. The company aims to cut underwriting time by up to 90% and validate figures against source documents. Early customers achieved seven figures of ARR within six months while processing nearly $1T in loan maturities due over the next two years.
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Summary by ByteBrief
Fragment Raises $12 Million for AI Finance