Startups · 1h ago
Ellis AI raises $10M seed for private credit automation
Ellis AI, founded by repeat entrepreneur Ryan Williams, emerged from stealth with $10 million in seed funding. The startup applies AI to streamline workflows for private credit managers. The round signals growing investor interest in AI for niche financial sectors.
Meridian48 take
The funding is modest but validates AI's push into private credit, a sector ripe for automation, though competition is fierce.
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Repeat founder Ryan Williams raises $10M seed for an AI startup for private credit managers →
TechCrunch
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