How Much Did Coris Raise?
Funding & Key Investors

Coris, a Palo Alto-based innovator in the financial technology sector, has successfully secured a significant capital injection to bolster its AI-driven risk management platform. This latest financing round, which saw a $3.7M strategic investment, brings the company's cumulative financial backing to a total of $3.7M. The influx of capital underscores the growing market demand for sophisticated, automated risk assessment tools capable of navigating the complexities of modern digital commerce and enterprise-level financial operations.

What is Coris?

Coris
SoftwareFinancial SoftwareFinance

Coris operates at the intersection of artificial intelligence and financial infrastructure, providing a robust platform designed to streamline risk management for businesses. By leveraging advanced machine learning algorithms, the company enables organizations to perform real-time underwriting and compliance monitoring, effectively reducing the friction associated with traditional financial vetting processes. As a key player in the fintech ecosystem, Coris is positioned to redefine how enterprises evaluate counterparty risk, moving away from manual, legacy systems toward automated, data-centric decision-making frameworks that prioritize speed and accuracy.

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, Lux Capital, Exponent Private Equity, and Y Combinator

Key Investors in Coris

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 over 200 years of collective private equity experience, the firm invests in the UK, Ireland, and across Europe.

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.

What's next for Coris?

With this major enterprise-level funding, Coris is well-positioned to accelerate its product development roadmap and expand its market footprint. The strategic investment will likely be deployed toward scaling its engineering teams, enhancing its proprietary AI models, and deepening its integration capabilities within existing financial workflows. As the company transitions from its initial growth phase into a more mature enterprise-level operation, the focus will shift toward capturing a larger share of the risk management market, potentially through strategic partnerships and the expansion of its service offerings to support larger, more complex institutional clients.

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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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