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Bolo AI is Building the Operating System for Heavy Industries With an $8.1 Million Seed Round

Co-founder Slept in Her Truck on an Oil Rig in Previous Roles — Now She’s Building an AI System for Some of the World’s Hardest Jobs

Bolo AI, an enterprise AI company building intelligent tools for the people powering heavy industry, today announced an $8.1 million Seed round led by True Ventures, with participation from Benchstrength, Accomplice, J Ventures, and Beat Ventures.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250611081655/en/

Bolo AI co-founders, Diti Sood and Dr. Lalit Jain

Bolo AI co-founders, Diti Sood and Dr. Lalit Jain

Bolo AI is the AI system of action for heavy industries, a $20 trillion sector that’s long been overlooked by modern software. It unlocks the knowledge buried across procedures, documents, and legacy systems so teams can act quickly, safely, and with confidence. The result: reduced downtime, improved safety margins, and smarter, faster operations across the industrial value chain.

Bolo AI was co-founded by Diti Sood and Dr. Lalit Jain. Sood began her career as a field engineer with SLB, the world’s largest oilfield services company. She spent five years working on oil and gas field sites across the UAE and Qatar, often in extreme conditions — and was the first woman in her district to take on rig and offshore jobs. At times on the job with few accommodations, she slept in her truck between shifts.

“I’ve handled radioactive tools and explosives, worked 24-hour shifts and longer in 120°F heat, and relied on outdated manuals and siloed systems to make critical decisions,” said Sood, CEO and co-founder of Bolo AI. “That gave me deep respect for the people doing this work — and a front-row seat to envisioning tools and products to enable them to make the best decisions every single time no matter the challenges facing them. Bolo brings AI into the daily flow of work — helping technical and frontline teams make faster, more confident decisions in operations, maintenance, engineering, safety, project management and more...”

After earning her MBA from Harvard Business School, Sood led go-to-market strategy for enterprise AI products. Jain, co-founder of Bolo AI, is a machine learning expert with more than 15 years of experience building applied AI systems across cybersecurity, finance, and automation — bringing deep technical grounding to Bolo’s platform.

“Diti and Lalit are building the infrastructure to make critical operations in heavy industries more intelligent and efficient with AI,” said Helen Min, venture partner at True Ventures. "The founding team has the unique talent, technical ability, and required customer empathy to transform an industry previously very underserved by technology."

Bolo AI counts a Fortune 500 industrial firm and the largest oil refinery in the U.S. as early partners collaborating on both a strategic pilot program and proof of concept. With Seed funding, Bolo AI will grow its engineering and go-to-market teams, deepen integrations with enterprise systems, and accelerate deployments across energy, utility, and industrial operations.

About Bolo AI

Bolo AI is the daily AI system of action for the people who operate the world’s infrastructure — in the field, plant, or office. By unlocking knowledge buried across documents, procedures, and legacy systems, Bolo helps industrial teams act quickly, work safely, and drive better outcomes. The company is headquartered in Palo Alto, with an engineering hub in Bangalore, India.

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