Arteria AI named to the 2024 CB Insights’ list of the 100 most innovative Fintech startups
NEW YORK, NY (October 24, 2024) — Arteria AI, an award-winning global leader in enterprise digital documentation infrastructure, today announced that it has been named to the 2024 CB Insights Fintech 100, showcasing the 100 most promising private fintech companies in the world.
Built by industry experts, data scientists and technologists, Arteria AI’s platform has been deployed as documentation infrastructure at some of the world’s largest financial institutions to accelerate documentation and data processes and deliver faster, more accurate experiences to customers – all while lowering costs and minimizing risk. Using cutting edge techniques, including multi-modal models and generative AI, Arteria’s AI capabilities are tailored specifically to financial services, providing a last-mile delivery mechanism to integrate AI into critical business processes. A recognized innovative leader, Arteria’s platform was also selected in last year’s CB Insights AI 100.
“The 2024 Fintech 100 winners are high-momentum companies shaping the future of financial services,” said Laura Kennedy, Principal Analyst at CB Insights. “Unsurprisingly, this year’s cohort is deploying AI across a wide variety of solutions. But they’re also diverse in their reach in emerging and developing economies, and focus on everything from fraud prevention to financial inclusion.”
Now in its seventh year, this annual list highlights primarily early- and mid-stage startups driving innovation across fintech, with winning companies selected leveraging CB Insights datasets, proprietary Commercial Maturity and Mosaic scores and Analyst Briefings. Nearly half of the 2024 cohort are early-stage companies, representing $7.2B in equity funding raised over time, including more than $2B in 2024 alone. These winning companies from around the world are deploying AI across a wide variety of use cases and feature a notable number of solutions driving financial inclusion and accessibility.
“We are thrilled to be named as one of the top 100 most innovative fintech companies globally by CB Insights,” said Shelby Austin, Co-founder and CEO of Arteria AI. “This recognition is particularly meaningful in a year marked by such rapid advancements in AI, with so many of the companies on this list, including Arteria AI, leveraging or developing GenAI models. This recognition underscores the critical role Arteria AI plays in helping our clients overcome data challenges, enhancing their efficiency and profitability, and highlights the amazing, cutting-edge work of our exceptional data science and AI team.”
About Arteria AI
Powered by data, Arteria AI is trusted by the world’s largest banks to transform client document processes at enterprise scale – working smarter and faster to maximize revenue and save time and cost. Arteria AI's client documentation solution removes the need for legacy manual processes by structuring data during the documentation lifecycle to speed up decision-making processes for all stakeholders with a highly intuitive front-end.
Built by subject matter experts, data scientists and technologists, Arteria AI's solution unleashes the power of data to help global, regulated financial institutions solve client document complexity at scale. Adopting an innovative data-first approach, this AI-powered enterprise-ready solution takes the friction out of the paper trail.
About CB Insights
CB Insights is an AI super analyst for market intelligence. It delivers instant insights that help you bet on the right markets, track competitors, and source the right companies. Our AI super analyst is powerful because it is built on the validated database of companies and markets that CB Insights is famous for. To learn more, please visit www.cbinsights.com.
