Algebrik AI, headquartered in New York City is the world's first cloud-native and AI-powered digital-era Loan Origination System (LOS) company. Last innovation in lending tech was more than 25 years back, it is about time that credit unions of all sizes switch to inclusive future proof lending technology built to attract, retain / engage and grow GenZ & GenAlpha members. Vision: Our vision is to revolutionise the loan origination process with cutting-edge, inclusive AI technology, delivering faster, more accurate, and personalised lending experiences. We aim to become the category leader as a pure-play SaaS AI-powered lending tech platform, with a unicorn 🦄 valuation and listing on NASDAQ by 2030. Mission: To help credit unions of all sizes deliver loans digitally to their members when & where they need the most via world's 1st cloud native & AI-powered digital era LOS
Total raised: $4M
Funding Rounds 1
Date | Series | Amount | Investors |
04.11.2024 | Series A | $4M | - |
Mentions in press and media 1
Date | Title | Description |
04.11.2024 | Algebrik AI Raises $4M in Series A Funding | Algebrik AI, a NYC-based provider of a cloud-native and AI-powered digital era loan origination platform, raised $4M in Series A funding. The closing of the investment is subject to obtaining appropriate regulatory approvals. Backers were n... |