Stratyfy, a New York-based provider of machine learning solutions for financial institutions, raised $10M in funding.
The round was led by Truist Ventures and Zeal Capital Partners, with participation from Mendon Venture Partners, The 98, FIS, and Barry J. Glick.
The company intends to use the funds to accelerate innovation to address challenges financial institutions face when adopting AI-driven decision-making.
Led by CEO Laura Kornhauser, Stratyfy works with financial institutions to implement AI and machine learning solutions addressing many operations, including automating credit risk assessment, fraud detection, bias mitigation and other complex tasks without new operational or regulatory risks. Its solutions help institutions serve more customers by combining automated data evaluation with the wisdom of real people to make decisions without bias or unnecessary risk.
FinSMEs
29/03/2023