How Much Did Coris Raise?
Funding & Key Investors

Coris, a prominent player in the financial technology sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $3.7M. This latest infusion of $3.7M underscores the market's confidence in the company's proprietary AI-driven risk management platform. As the firm transitions into a more mature operational phase, this influx of liquidity serves as a critical catalyst for its ongoing expansion and product development initiatives.

The recent financing round highlights the company's ability to attract high-caliber institutional support, positioning it to address the growing demand for sophisticated risk assessment tools within the enterprise landscape. By leveraging this capital, Coris is well-equipped to refine its algorithmic capabilities and solidify its competitive standing in a rapidly evolving fintech ecosystem.

What is Coris?

Coris
SoftwareFinancial SoftwareFinance

Headquartered in Palo Alto, California, Coris operates at the intersection of artificial intelligence and financial risk management. The company provides a robust platform designed to streamline complex underwriting and compliance processes for enterprise clients. By utilizing advanced machine learning models, Coris enables organizations to make data-informed decisions, effectively mitigating exposure while optimizing operational efficiency. Its market position is defined by its ability to integrate seamlessly into existing financial infrastructures, offering a scalable solution that addresses the inherent volatility and regulatory pressures faced by modern financial institutions.

How much funding has Coris raised?

Coris has raised a total of $3.7M across 1 funding round:

2024

Angel/Seed

$3.7M

Angel/Seed (2024): $3.7M with participation from Blank Ventures, Y Combinator, Lux Capital, and Exponent Private Equity

Key Investors in Coris

Y Combinator

Established in 2005 and located in Mountain View, California, Y Combinator provides seed funding for startup businesses and to gauge investors for businesses.

Lux Capital

Lux Capital is a New York based venture capital firm that raises dedicated funds to invest in earlystage and growthstage companies at the intersection of science and technology, backing founders in frontier areas such as AI, robotics, space, defense, biotechnology, and advanced materials from seed through IPO or acquisition.

Exponent Private Equity

Exponent is a private equity firm focused on identifying untapped potential and nurturing relationships to drive growth for its portfolio companies and investors, with a focus on navigating complexity to unlock meaningful transformation.

What's next for Coris?

With the successful closure of this major strategic investment, Coris is poised to accelerate its go-to-market strategy and deepen its penetration into key enterprise segments. The company's roadmap likely includes the expansion of its engineering team to enhance the predictive accuracy of its AI models and the development of new features tailored to global regulatory requirements. As Coris continues to scale, the focus will remain on maintaining its technological edge while fostering strategic partnerships that drive long-term value. The current funding trajectory suggests a clear path toward establishing the firm as a foundational element of the next generation of financial risk infrastructure.

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Frequently Asked Questions Regarding Coris Financial Insights

What are the most recent funding rounds that Coris has completed, and what were the funding rounds?
Coris has recently completed 1 funding rounds: Angel/Seed on Feb 1, 2024.
What is the total amount of funding Coris has raised to date?
Coris has raised a total of $3.7M in funding to date.
How many funding rounds has Coris completed?
Coris has completed 1 funding rounds.
How much funding did Coris raise in its most recent funding round?
Coris raised $3.7M in its most recent funding round.
Who are the lead investors in Coris's latest funding round?
The lead investor in Coris's latest funding round was Blank Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Coris's history?
The largest funding round in Coris's history was $3.7M.
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