There’s something almost too perfect about this, via Bloomberg. Lyzr, a three-year-old startup from Jersey City, New Jersey, that helps companies create AI agents, used its own AI agent to raise its own round. The system, SivaClaw, reportedly answered questions from more than 130 investors, drafted investment memos, and even tracked which slides sponsors left off on.

Basically, he focused on the startup’s $100 million Series B (at a valuation of about $500 million) while proving that the product really works. It’s hard to imagine a clearer sales pitch.

But the most telling detail, according to Bloomberg’s account, is how little preliminary work was involved. Lyzr told the outlet that it raised $400 million in interest from Silicon Valley, the Middle East and financial sector investors without a founder having to fly and make the traditional loops up and down Sand Hill Road for coffee meetings and warm introductions. That may be the real story of this moment of success: There is so much capital chasing bets in AI that founders of startups with traction barely have to get up from their desks to raise nine figures.