Billing platform Lava raises $5.8M to build digital wallets for the ‘agent-native economy’
Lava Payments snagged a $5.8M seed round led by Lerer Hippeau to launch a universal digital wallet for AI agents. Founder Mitchell Jones aims to simplify agent-driven transactions by letting users load one set of credits that works across merchants and models (like GPT and Claude), avoiding multiple subscriptions and approvals. The new funding will fuel hiring, product build-out and go-to-market push as Lava positions itself as the invisible payments layer powering the “agent-native” web.