What is Coris?
Based in Palo Alto, California, Coris operates as a fintech company specializing in AI-driven risk management solutions. The company's platform is designed to enhance financial institutions' ability to identify, assess, and mitigate risks through advanced artificial intelligence. This focus positions Coris at the forefront of a critical area within the financial services industry, addressing the increasing demand for sophisticated risk oversight and compliance tools.
How much funding has Coris raised?
Coris has raised a total of $3.7M across 1 funding round:
Angel/Seed
$3.7M
Angel/Seed (2024): $3.7M with participation from Y Combinator, Blank Ventures, Lux Capital, and Exponent Private Equity
Key Investors in Coris
Y Combinator
Y Combinator is an established accelerator that provides seed funding and mentorship to early-stage startups, helping them to gauge investor interest and achieve growth.
Lux Capital
Lux Capital is a venture capital firm based in New York that invests in early-stage and growth-stage companies at the intersection of science and technology, including AI and advanced materials.
Exponent Private Equity
Exponent Private Equity is a UK-focused firm that invests in companies across the UK, Ireland, and Europe, aiming to unlock transformation and drive growth through strategic investment and operational expertise.
What's next for Coris?
The recent major strategic investment into Coris signals a strong confidence in the company's trajectory and its capacity to scale its AI-driven risk management platform. This capital infusion is expected to fuel further technological development, market expansion, and strategic partnerships. Coris is poised to leverage this financial backing to solidify its position as a leader in fintech risk management, potentially driving innovation and setting new industry standards for AI-powered financial security.
See full Coris company page