FundedIQ
Artificial Intelligence

Refold (formerly Cobalt): Funding, Investors & Team (Oct 2026)

Refold AI is a technology company that delivers an AI-native integration platform to streamline enterprise-level API and system connectivity. Its platform replaces middleware and manual coding with autonomous AI agents that understand system behavior, generate integration workflows, and adapt automatically to software changes such as version updates or schema shifts. By combining autonomous agents, memory-based orchestration, and secure edge deployment, it allows teams to go from integration requests to live workflows in hours instead of months.

refold.ai LinkedIn San Mateo, United States 51-100 employees
Artificial Intelligence (AI) Information Technology SaaS Software B2B
Total raised
$6.5M
Rounds
1
Latest
Seed
Aug 2025

Refold (formerly Cobalt) has raised $6.5M across 1 funding round on record, the most recent a Seed of $6.5M announced in Aug 2025.

That round is in line with the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Refold (formerly Cobalt) Company Profile and Key Stats

Total funding raised
$6.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$6.5M in Aug 2025
Employees
51-100
reported band
Headquarters
San Mateo, United States

Latest funding round on record: Aug 2025.

Refold (formerly Cobalt) Funding Rounds

Date
Round
Amount
Seed
$6.5M

Refold (formerly Cobalt) Founders and Leadership Team

Name
Role
Contact
Jugal Anchalia
Founder
Locked

Contact details for the Refold (formerly Cobalt) team: 1 of 1 has an email address on file.

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Refold (formerly Cobalt) Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round
30,234
$7.6M
17,054
$3.1M

Refold (formerly Cobalt)'s latest round of $6.5M is in line with the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Refold (formerly Cobalt) Funding FAQs

What does Refold (formerly Cobalt) do?

Refold AI is a technology company that delivers an AI-native integration platform to streamline enterprise-level API and system connectivity. Its platform replaces middleware and manual coding with autonomous AI agents that understand system behavior, generate integration workflows, and adapt automatically to software changes such as version updates or schema shifts. By combining autonomous agents, memory-based orchestration, and secure edge deployment, it allows teams to go from integration requests to live workflows in hours instead of months.

How much funding has Refold (formerly Cobalt) raised?

Refold (formerly Cobalt) has raised $6.5M across 1 round on record. The most recent is a Seed of $6.5M announced in Aug 2025.

When did Refold (formerly Cobalt) last raise funding?

Refold (formerly Cobalt)'s most recent funding round on record is a Seed of $6.5M, announced in Aug 2025.

Who founded Refold (formerly Cobalt)?

FundedIQ lists Jugal Anchalia (Founder) at Refold (formerly Cobalt).

Where is Refold (formerly Cobalt) headquartered?

Refold (formerly Cobalt) is based in San Mateo, California, United States.

How many employees does Refold (formerly Cobalt) have?

Refold (formerly Cobalt) is in the 51-100 employee band.

How does Refold (formerly Cobalt)'s funding compare to other Artificial Intelligence startups?

Refold (formerly Cobalt)'s latest round of $6.5M is in line with the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,241 tracked companies over the last two years.

About FundedIQ's Refold (formerly Cobalt) Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Refold (formerly Cobalt) is left off this page rather than filled in.

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