InstaLILY, a developer of AI teammates that can automate complex, business-specific work, raises $60M
Energize CapitalCompany
Insight PartnersInvestor
United RentalsInvestor
InstaLILY Inc. closed a $60 million Series B on July 14, 2026, led by Energize Capital with participation from Insight Partners, Home Depot Ventures and United Rentals, bringing total capital raised to nearly $100 million.
InstaLILY Inc. announced on July 14, 2026 that it has closed a $60 million Series B financing round, led by Energize Capital and joined by Insight Partners, Home Depot Ventures and United Rentals. The infusion lifts the company’s cumulative funding to almost $100 million and will be used to scale its AI teammate platform and the newly launched Lily tool.
Deal Terms
The round was structured as a venture‑funding Series B. Energize Capital acted as the lead investor, while Insight Partners continued its support as an existing backer. Home Depot Ventures and United Rentals entered as strategic investors, reflecting the relevance of InstaLILY’s automation capabilities to both retail and equipment‑rental businesses. The company did not disclose valuation or revenue multiples.
Product Overview
InstaLILY builds autonomous AI agents—dubbed “InstaWorkers”—that operate as domain‑specific teammates for enterprises handling physical goods and services. These agents sit on top of InstaBrain, a specialized large‑language‑model layer fine‑tuned to each client’s processes. The newly introduced Lily tool functions as an “AI forward‑deployed engineer,” capable of generating custom software applications that automate pricing, logistics, and field‑service workflows. Lily integrates directly with a client’s existing systems and adapts as data and processes evolve.
The startup reported a more‑than‑fivefold revenue increase over the past year, driven by customer wins across construction, logistics, healthcare and field‑service sectors. Notable successes include a national distributor that generated over $200 million in new revenue after deploying InstaLILY’s platform, and an industrial supply firm that eliminated hundreds of thousands of manual hours by automating its request‑for‑quote process.
Looking ahead, InstaLILY plans to expand Lily’s capabilities, grow its engineering and sales teams, and invest in a small‑data‑center infrastructure that lets customers run AI workloads on‑premises or in a secure cloud environment.
Why It Matters
The fresh capital positions InstaLILY to accelerate product development and deepen its foothold in verticals where legacy systems and manual processes dominate. For existing investors, the round validates the company’s growth trajectory and opens the door to future liquidity events, whether through a later‑stage round or a strategic acquisition by a larger enterprise software player. Competitors that focus on generic AI automation now face a more specialized challenger that can embed tightly with industry‑specific workflows, potentially shifting buying preferences among mid‑market distributors and service firms.
Strategically, the involvement of Home Depot Ventures and United Rentals signals a growing appetite among non‑traditional tech investors to back AI solutions that directly improve operational efficiency in their core businesses. Their board presence may accelerate co‑development opportunities, giving InstaLILY early access to real‑world use cases and reinforcing its market credibility against rivals such as UiPath and Automation Anywhere.
Key Points
- InstaLILY raised $60 million in a Series B round led by Energize Capital.
- The round included strategic investors Home Depot Ventures and United Rentals.
- Total funding to date is now close to $100 million.
- Revenue grew more than fivefold in the past year, highlighted by a $200 million new‑revenue win for a national distributor.
- The company launched Lily, an AI‑driven forward‑deployed engineer for custom software creation.
Analysis
The $60 million Series B underscores the premium investors are placing on AI‑driven automation platforms that can be customized to complex, industry‑specific workflows. While the valuation multiple was not disclosed, comparable Series B deals in the enterprise AI space have ranged from 10‑15 times forward ARR, suggesting InstaLILY may be approaching a valuation in the high‑hundreds of millions. The rapid revenue expansion—over fivefold in twelve months—indicates strong product‑market fit and a high net‑revenue retention profile, traits that attract growth‑stage capital.
From an operator perspective, InstaLILY’s model illustrates a shift from off‑the‑shelf SaaS tools toward AI agents that internalize institutional knowledge and generate bespoke applications on demand. This approach can compress development cycles from quarters to days, boosting gross margins and reducing reliance on external consulting. For investors, the participation of corporate venture arms signals a trend where end‑users are seeking equity stakes to secure early access to technology that can unlock efficiency gains in their supply chains.
Overall, the financing round highlights the accelerating convergence of large‑language‑model capabilities with vertical SaaS, a pattern likely to intensify as more enterprises demand AI that respects data sovereignty and integrates with legacy ERP systems. Companies that can deliver secure, on‑premise or hybrid deployment options—like InstaLILY’s small‑data‑center infrastructure—will be well‑positioned to capture a larger share of the $200 billion enterprise automation market.