Coris raises $3.7M, sets sights on AI-driven paradigm shift in SMB risk management
Feb 01, 2024•over 1 year ago
Amount Raised
$3.7 Million
Round Type
seed
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers