What is Coris?
Based in Palo Alto, California, Coris operates at the intersection of financial technology and artificial intelligence, providing advanced risk management platforms. The company leverages AI to offer sophisticated solutions designed to mitigate financial risks for enterprises. This focus positions Coris as a key player in a market increasingly reliant on data-driven insights and predictive analytics for robust financial oversight and compliance.
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 Lux Capital, Exponent Private Equity, Y Combinator, and Blank Ventures
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. Exponent has raised £3.8 billion in funds and is dedicated to navigating complexity to unlock meaningful transformation. The firm emphasizes responsible investment and has a diverse portfolio, including notable acquisitions and strategic appointments.
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 substantial enterprise-level funding, Coris is poised for accelerated expansion and further development of its AI-driven risk management capabilities. The strategic investment suggests a focus on scaling operations, enhancing its technological infrastructure, and potentially broadening its market reach. Future initiatives are likely to involve deeper integration of AI for more predictive risk modeling and a strengthened competitive stance in the fintech landscape, aiming to solidify its position as a leader in AI-powered financial risk solutions.
See full Coris company page
