Banks and insurance companies spend billions of dollars to employ staff to screen risky transactions, process claims, and onboard new customers. If these decisions go awry, there can be serious consequences. The AI startup Taktile aims to automate even these risky calls, and one of the largest financial institutions has decided to back the company.
Cofounded by machine-learning engineers Maik Taro Wehmeyer and Maximilian Eber, Taktile announced Wednesday that it has drummed up $110 million in a Series C fundraise. An arm of Goldman Sachs led the round, with participation from brand-name investors like Tiger Global, Index Ventures, and Y Combinator. Wehmeyer declined to specify at what valuation his startup raised the capital.
