Taktile secures $110M Series C for financial services AI

Taktile has raised a $110 million Series C round led by Goldman Sachs Asset Management, with participation from Balderton, Index Ventures, Tiger Global, Y Combinator, and DIG Ventures.

The company provides an AI-powered decisioning platform that helps financial institutions automate high-stakes decisions across areas such as fraud prevention, credit underwriting, and insurance claims.

“What we want every financial institution to know is this: AI models now work reliably enough to automate the high-stakes decisions that define performance in banking and insurance,” the company said in a LinkedIn post.

Founded in 2020, Taktile works with financial institutions looking to modernize decision-making processes and improve customer experiences through automation. The company positions its platform as a way to replace slow, manual workflows, including outdated claims processes and lengthy credit decisions.

The company, which employs more than 200 people, had previously raised $78.7 million in funding.

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