Karta AI Raises $3 Million in Seed Funding to Automate Complex Banking Calls
Karta AI closed a $3 million seed round led by PeerCapital and Cedar Hill Capital to develop AI agents for banks, lenders, fintechs, and insurers. The platform handles approximately 2 million customer conversations monthly and specializes in resolving complex inbound calls requiring multiple system interactions, such as loan servicing and insurance claims. Co-founders, both former Razorpay employees, aim to expand adoption among financial institutions and build an intelligent AI workforce.
Key points
- Seed round of $3 million led by PeerCapital and Cedar Hill Capital
- AI platform processes ~2 million conversations monthly in 25+ languages for financial services
- Focuses on complex inbound calls like loan servicing, failed payments, and insurance claims
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