# Coris

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coris

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.coris.ai/
- Total disclosed funding: $3.7M
- Latest round: Seed (Feb 1, 2024)
- Investors on record: 4

## About

Based in California, US, and founded in 2022 by co-founders Vinodh Poyyapakkam and Shyam Maddali, Coris, Inc. is an artificial intelligence-based software company that provides risk management infrastructure and non-traditional data sources to enable software-as-a-service (SaaS) businesses such as Fintechs and Payment processors, to enhance SMBs in a variety of domains, including payments, banking, payroll and insurance. In February 2024, Coris, Inc. raised USD 3.7 million in seed funding, co-led by investors Lux Capital and Exponent Founders Capital, with participation from Blank Ventures and Y Combinator. Additionally, individual investors also participated in the financing round. As of 2024, the company is led by its CEO, Vinodh Poyyapakkam.

The company provides a range of services, such as website analysis, business registration, and automated essential business checks like sanctions screening with MerchantProfiler; Fuzio simplifies procedures related to merchant risk management; CorShield improves the defenses against fraud; Merchant Monitor allows for continuous monitoring of SMB hazards; and Stripe Connect integration allows platform integration of Stripe services. Additionally, the firm also provides Snowflake Integration to personalize their most crucial risk rules and actions and Redshift Integration to use internal platform data for crucial checks throughout the merchant lifecycle.

## Funding rounds

- Seed, Feb 1, 2024, $3.7M — Lux Capital, Y Combinator, Blank Ventures, Exponent Founders Capital

## Investors

- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Blank Ventures (https://capitalatlas.ai/funds/blank-ventures) — Seed
- Exponent Founders Capital — Seed