logo
logo

Coris raises $3.7M, sets sights on AI-driven paradigm shift in SMB risk management

Feb 01, 2024over 1 year ago

Amount Raised

$3.7 Million

Round Type

seed

Palo AltoFintechArtificial IntelligenceFinancial Services

Investors

Blank VenturesY CombinatorExponent CapitalLux Capital

Description

Coris, a Palo Alto-based fintech startup, has raised $3.7 million in seed funding to scale its AI-powered risk management platform. The funding round was co-led by Lux Capital and Exponent Capital, with additional participation from Y Combinator, Blank Ventures, and several veteran fintech founders.

Company Information

Company

Coris

Location

Palo Alto, California, United States

About

Coris is a Palo Alto-based fintech startup specializing in AI-powered risk management for small and medium-sized businesses (SMBs). They aim to bring automation and intelligence to the archaic processes still used by many financial services firms.

Related People

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers