Sunrise AI, a New York-based AI-powered fintech company with a mission to redefine credit assessment, secured a pre-seed funding round.
SaaS Investors
The round was led by Andrew Ng's AI Fund.
Founded in 2017, AI Fund is a venture capital firm based in Palo Alto, California. The firm seeks to invest in companies operating in human capital, health & wellness, next-generation enterprise, and machine learning operations sectors across the United States. The firm also provides venture-building services.
Sunrise AI Use of Funds
The company will use the investment to support its mission to revolutionize credit assessment and improve access to capital for individuals and businesses. The funding will also help Sunrise AI accelerate the development of AI-driven solutions and expand its reach.
About Sunrise AI
Sunrise AI is a fintech company with a mission to redefine credit assessment. Harnessing advanced artificial intelligence and machine learning, Sunrise AI's products provide accurate, fair, and inclusive credit assessments by analyzing extensive open banking and holistic data. The company's first product, SunScore™, provides property owners with an advanced risk management solution to deter rental fraud, uncover accurate credit insights, and enhance lease income analytics. Sunrise AI aims to reinvent a better, fair, and unbiased approach towards financial and credit assessment for all individuals and businesses.
Funding Details
Company: Sunrise AI
Raised: Undisclosed
Round: Pre-Seed Round
Funding Month: January 2024
Lead Investors: AI Fund
Additional Investors:
Company Website: https://www.sunrise.ai/
Software Category: Financial
Source: https://www.prnewswire.com/news-releases/sunrise-ai-secures-pre-seed-funding-led-by-andrew-ngs-ai-fund-302030419.html