Finn AI today announced it has completed a $14 Million (USD $11 Million) Series A financing round.
The round was led by Yaletown Partners and Flying Fish Partners and joined by new investors BDC Capital’s Women in Technology Fund (WIT), and New York-based 1843 Capital. Additional investment was provided by angel investors.
The new funding will be used to support the growth momentum underway at Finn AI across North America and Europe.
The financing will allow Finn AI to enhance enterprise tooling and extend its core product to support additional banking and personal finance capabilities for existing customers including ATB Financial, Bank of Montreal, Banpro Grupo Promerica, Commonwealth Bank, and Fidor Bank.
“We’ve seen great progress in our business over the last twelve months, doubling our team to over 50 across North America and acquiring a number of major new customers and partners,” said Jake Tyler, Co-Founder and CEO of Finn AI.
“As the market moves beyond early experiments into scale production deployments we are seeing greater demand for our proven enterprise-grade Conversational AI platform.”