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AI Listing

Promising companies in generative AI for financial services

The fintechs leading the charge in this space target specific outcomes for clients and vary widely in their portfolio of AI specialties

The field of generative artificial intelligence (AI) in finance is nascent and dynamic. Given the high levels of interest around AI, financial services companies, fintechs and others are keen to adopt AI technologies into their products and services. Any list of promising companies in the industry must therefore distinguish ‘announcements’ and ‘intentions’ from veritably deployed products and services that are being validated by the market. This list was compiled based on research into the team and investors of each company, as well as their partners and awards, current products and services, as opposed to those announced for the future, and publicly-available customer testimonials and case studies. In and of itself, revenue-to-date was not a criterion for exclusion.

Logo Vision Leader Insights
Company Logo The company utilises natural launguage programmng (NLP) and Al to extract insights from millions of documents across earnings, broker research, company documents, expert calls, and more to make smarter business decisions across a company's operational domains. Leader Jaakko Kokko Founder & CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 1421
POST-MONEY VALUATION ($M), 4000
YEAR ESTABLISHED, 2011
WEBSITE, https://www.alpha-sense.com/
INVESTORS, EASME, BlackRock, Morgan Stanley, Innovation Endeavors, Bank of America
Company Logo Anthropic focuses on creating AI systems that are safe, interpretable, and controllable, aiming to integrate these technologies into financial services to ensure robust and ethical AI applications. Leader Dario Amodei CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 8456
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2021
WEBSITE, https://www.anthropic.com/
INVESTORS, Amazon.com , Google, Menlo Ventures
Company Logo Coreweave specializes in providing scalable and cost-effective cloud computing solutions optimized for machine learning and complex simulations, essential for financial services firms requiring high-performance computing resources. Leader Michael Intrator Co-Founder & CEO
SECTORS,

Ai

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 11538
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2017
WEBSITE, https://www.coreweave.com/
INVESTORS, Fidelity Investments, Coatue Management, Altimeter Capital
Company Logo Cyera secures data across cloud environments in the financial services sector using AI to manage risks related to data misconfigurations, access controls, and sensitive data exposure, ensuring compliance and data protection. Leader Yotam Segev Co-Founder & CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 300
POST-MONEY VALUATION ($M), 1400
YEAR ESTABLISHED, 2021
WEBSITE, https://www.cyera.io/
INVESTORS, Coatue, Spark Capital, Georgian
Company Logo Databricks offers a unified data analytics platform that integrates data warehousing and machine learning, allowing financial services firms to efficiently handle large-scale analytics and collaborative data processing to drive innovation. Leader Ali Ghodisi Co-Founder, CEO & Director
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 4595
POST-MONEY VALUATION ($M), 43000
YEAR ESTABLISHED, 2013
WEBSITE, https://www.databricks.com/
INVESTORS, Tiger Global Management, Andreessen Horowitz, Nvidia
Company Logo Dataiku’s platform enables financial services firms to design, deploy, and manage AI and analytics applications at scale, fostering collaboration among various stakeholders to enhance data-driven decision-making. Leader Florian Douetteau Co-Founder & CEO
SECTORS, AI
COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 983
POST-MONEY VALUATION ($M), 3700
YEAR ESTABLISHED, 2013
WEBSITE, https://www.dataiku.com/
INVESTORS, Wellington Management, Tiger Global Management, Iconiq Capital
Company Logo Utilizing AI, Dataminr analyzes public data streams in real-time to help financial institutions identify and respond to critical events and risks before they escalate, providing timely alerts on global incidents. Leader Ted Bailey Founder, CEO & Chairman
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 1111
POST-MONEY VALUATION ($M), 4125
YEAR ESTABLISHED, 2009
WEBSITE, https://www.dataminr.com/
INVESTORS, Eldridge, Valor Equity Partners, MSD Capital
Company Logo DataRobot’s automated machine learning platform enables financial analysts and data scientists to rapidly build and deploy predictive models, enhancing credit risk evaluations and other financial services operations without deep programming knowledge Leader Debanjan Saha CEO & Director
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 1120
POST-MONEY VALUATION ($M), 4896
YEAR ESTABLISHED, 2012
WEBSITE, https://www.datarobot.com/
INVESTORS, Tiger Global Management, Snowflake Ventures, Sapphire Ventures
Company Logo Earnix Ltd. provides AI-driven pricing and customer analytics software that enables banks and insurers to predict customer behaviour, optimise pricing, and enhance business performance. Leader Robin Gilthorpe CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 100
POST-MONEY VALUATION ($M), 1075
YEAR ESTABLISHED, 2001
WEBSITE, https://earnix.com/
INVESTORS, Insight Partners, Jerusalem Venture Partners, Vintage Investment Partners, and Israel Growth Partners
Company Logo Fintern leverages AI to revolutionize consumer lending by offering personalized loan options based on comprehensive financial behavior, particularly beneficial for the financial services industry. Leader Gerald Chappell Co-Founder & CEO
SECTORS,

AI

COUNTRY, United Kingdom
TOTAL AMOUNT RAISED ($M), 1659
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2020
WEBSITE, https://www.fintern.ai/
INVESTORS, West Coastal Capital
Company Logo Workplace search and knowledge discovery engine that allows access to information across all of an enterprise’s apps for better decision-making and operational effectiveness, particularly internal decision-making. Works with leading financial service providers like WealthSimple, Super and Upside. Leader Arvind Jain Founder and CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 371
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2019
WEBSITE, https://www.glean.com/
INVESTORS, Sequoia Capital, Kleiner Perkins, Lightspeed Venture Partners,General Catalyst, Slack Fund
Company Logo Known for its leadership in natural language processing, Hugging Face provides tools that facilitate advanced text analysis and generation for financial services applications, enhancing customer interactions and data insights. Leader Clément Delangue Co-Founder & CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 4500
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2016
WEBSITE, https://huggingface.co/
INVESTORS, Salesforce, Google, Amazon
Company Logo Mistral offers AI solutions that streamline operations and enhance decision-making in various sectors, including financial services, by automating workflows and extracting actionable insights from data. Leader Arthur Mensch Co-Founder, CEO
SECTORS,

AI

COUNTRY, France
TOTAL AMOUNT RAISED ($M), 654
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2023
WEBSITE, https://mistral.ai/
INVESTORS, Databricks, General Catalyst, a16z
Company Logo OpenAI develops advanced AI technologies, including applications in financial services that enhance automation, customer service, and compliance through projects like GPT and DALL-E. Leader Sam Altman CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 11305
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2015
WEBSITE, https://openai.com/
INVESTORS, Microsoft, Khosla Ventures, Infosys
Company Logo Develops AI-driven personalised banking solutions from real-time insights to recommendations and automated money management. Works with leading banks and financial service providers like KBC, Santander and DBS. Leader Udi Ziv CEO
SECTORS,

AI

COUNTRY, Israel
TOTAL AMOUNT RAISED ($M), 192
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2010
WEBSITE, https://personetics.com/
INVESTORS, Sequoia Capital, Lightspeed Venture Partners, Warbug Pincus, Viola Ventures, Nyca Partners
Company Logo SambaNova develops AI hardware and systems that enhance the performance of machine learning applications, supporting complex data models used in financial services for tasks like real-time fraud detection and risk assessment. Leader Rodrigo Liang Co-Founder, CEO & Director
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 1141
POST-MONEY VALUATION ($M), 5100
YEAR ESTABLISHED, 2017
WEBSITE, https://sambanova.ai/
INVESTORS, SoftBank Vision Fund 2, BlackRock, Intel Capital
Company Logo By merging AI with quantum computing, SandboxAQ addresses complex problems in cybersecurity and optimization for the financial services sector, exploring quantumenhanced security solutions. Leader Jack Hidary CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 1802
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2021
WEBSITE, https://www.sandboxaq.com/
INVESTORS, Breyer Capital, Eric Schmidt, Thomas Tull
Company Logo Scale AI offers high-quality training data essential for AI applications in the financial services sector, ensuring that machine learning models like fraud detection algorithms perform accurately and reliably. Leader Alexandr Wang CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 1502
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2016
WEBSITE, https://scale.com/
INVESTORS, Accel, Y Combinator, Nat Friedman
Company Logo Skild’s AI-driven platform supports the financial services industry by managing innovation challenges and competitions, helping firms identify and develop new financial products and solutions in a structured environment. Leader Deepak Pathak Co-Founder & CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 300
POST-MONEY VALUATION ($M), 1500
YEAR ESTABLISHED, 2023
WEBSITE, https://www.skild.ai/
INVESTORS, Amazon.com, Bezos Expeditions, Carnegie Mellon University
Company Logo As a global software consultancy, Thoughtworks integrates AI and machine learning into custom software solutions for financial services firms, driving digital transformation and solving complex challenges in finance with agile development methodologies. Leader Michael R. Sutcliff CEO & Director
SECTORS, AI
COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 748
POST-MONEY VALUATION ($M), 4600
YEAR ESTABLISHED, 1993
WEBSITE, https://www.thoughtworks.com/
INVESTORS, Siemens, Fidelity
Company Logo Tradeshift is a cloud-based platform that digitizes trade processes for the financial services industry, enhancing supply chain payments, procurement, and compliance through AI-driven automation. Leader Mike Cowes CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 1887
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2009
WEBSITE, http://www.tradeshift.com/
INVESTORS, Koch Industries, IDC Ventures, LUN Partners
Company Logo VAST Data provides a revolutionary all-flash storage platform that supports highperformance applications in financial services, like AI-driven data analytics and real-time transaction processing, by overcoming traditional data access and handling challenges. Leader Renen Hallak Founder, CEO & Chairman of the Board
SECTORS, AI
COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 356
POST-MONEY VALUATION ($M), 9100
YEAR ESTABLISHED, 2016
WEBSITE, https://www.vastdata.com/
INVESTORS, Fidelity Management & Research Company, New Enterprise Associates (NEA), BOND Capital
Company Logo To assist companies in making informed credit choices, ZestFinance offers an open, transparent and easy-to-use AI-driven lending solution. Zest Automated Machine Learning (ZAML) is their platform for providing explainable AI in credit and automating risk management. Leader Mike de Vere CEO
SECTORS,

AI

COUNTRY, USA
TOTAL AMOUNT RAISED ($M), 318
POST-MONEY VALUATION ($M), N/A
YEAR ESTABLISHED, 2009
WEBSITE, https://www.zest.ai/
INVESTORS, Lightspeed Venture Partners, Insight Partners, Matrix Partners,Northgate Capital, Baidu