# Ellis

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.ellis.ai
- Total disclosed funding: $10M
- Latest round: Seed (Apr 30, 2026)
- Investors on record: 12

## About

Based in New York, US, founded in 2025, Ellis offers an integrated platform for private credit managers to simplify their operations. The company was founded by Ryan A. Williams (CEO as of 2026). In April 2026, Ellis raised USD 10 million in seed funding co-led by First Round Capital and Kearny Jackson, with participation from 645 Ventures, Harlem Capital Partners, Khosla Ventures, Slow, Wilshire Lane Capital, Westbound, Exceptional Capital, Thrive Capital, Gallery Ventures, Collide Capital.

Ellis provides an AI-native operations platform tailored for the private credit sector, addressing the complexities of fund management by integrating existing systems into a single reconciled, source-verifiable book. This platform utilizes purpose-built AI agents to enhance workflows in reconciliation, reporting, cash forecasting, and portfolio monitoring, allowing finance teams to focus on analysis rather than manual data entry. The company serves private credit managers across various asset sizes, collectively representing over USD 50 billion in assets under management (AUM). Key clients include multi-strategy and specialized private credit managers, direct lenders, and middle-market lending platforms, facilitating their operations with real-time data and governance. The platform is designed for deployment in North America and Europe.

Ellis generates revenue through a subscription-based model, where clients engage the platform for operational management and oversight of their portfolios. The pricing structure accommodates the needs of various private credit managers, providing access to specialized AI functionalities and support services. Transactions typically occur on an annual or quarterly basis, with clients subscribing based on their operational requirements and the complexity of fund management. Ellis maintains close partnerships with its clients, providing ongoing support and updates to ensure seamless integration with existing systems and data sources. The platform's flagship offerings include advanced reconciliation tools and real-time reporting capabilities.

The company plans to use the April 2026 funding to support product and platform development initiatives and workforce expansion plans.

## Funding rounds

- Seed, Apr 30, 2026, $10M — Khosla Ventures, First Round Capital, Thrive Capital, Slow, 645 Ventures, Harlem Capital Partners, Wilshire Lane Capital, Westbound, Kearny Jackson, Exceptional Capital, Collide Capital, Gallery Ventures

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Seed
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- 645 Ventures (https://capitalatlas.ai/funds/645-ventures) — Seed
- Harlem Capital Partners (https://capitalatlas.ai/funds/harlem-capital-partners) — Seed
- Wilshire Lane Capital (https://capitalatlas.ai/funds/wilshire-lane-capital) — Seed
- Westbound (https://capitalatlas.ai/funds/westbound) — Seed
- Kearny Jackson (https://capitalatlas.ai/funds/kearny-jackson) — Seed
- Exceptional Capital (https://capitalatlas.ai/funds/exceptional-capital) — Seed
- Collide Capital (https://capitalatlas.ai/funds/collide-capital) — Seed
- Gallery Ventures (https://capitalatlas.ai/funds/gallery-ventures) — Seed