AbleCredit Overview
- Year Founded
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2023
- Status
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Private
- Employees
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32
- Latest Deal Type
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Series A
- (Cancelled)
- Latest Deal Amount
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$5M
- Investors
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6
AbleCredit General Information
Description
Developer of an AI credit underwriting platform designed for banking, financial services, and insurance enterprises. The company's platform offers generative AI models with voice, vision, and language capabilities to function as AI assistants to credit teams, generating comprehensive credit reports on a case-by-case basis while adhering to credit policy and guidelines, enabling organizations to get access to improve underwriting efficiency and decrease underwriting costs.
Contact Information
Website
www.ablecredit.comCorporate Office
- HD-093, WeWork Salarpuria Symbiosis, Arekere Village
- Bannerghatta Road
- Bangalore, Karnataka 560076
- India
Corporate Office
- HD-093, WeWork Salarpuria Symbiosis, Arekere Village
- Bannerghatta Road
- Bangalore, Karnataka 560076
- India
AbleCredit Timeline
AbleCredit Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series A) | 09-Jun-2025 | $5M | Cancelled | Generating Revenue | ||
| 3. Accelerator/Incubator | 01-Jan-2025 | Completed | Generating Revenue | |||
| 2. Seed Round | 15-Feb-2024 | $1.25M | $1.25M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
AbleCredit Comparisons
Industry
Financing
Details
AbleCredit Competitors (3)
One of AbleCredit’s 3 competitors is Zest AI, a Venture Capital-Backed company based in Burbank, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zest AI | Venture Capital-Backed | Burbank, CA | ||||
| CreditVidya | Formerly VC-backed | Mumbai, India | ||||
| Scienaptic | Venture Capital-Backed | New York, NY |
AbleCredit Related Research & Analysis
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Key Data Points
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Majestic Referring Domains
AbleCredit Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| NSRCEL-IIMB | Accelerator/Incubator | |||
| Helios Holdings | Corporation | Minority | ||
| Merak Ventures | Venture Capital | Minority | ||
| Venture Catalysts | Accelerator/Incubator | Minority | ||
| GIFT International Fintech Innovation Hub | Accelerator/Incubator |
AbleCredit FAQs
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When was AbleCredit founded?
AbleCredit was founded in 2023.
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Where is AbleCredit headquartered?
AbleCredit is headquartered in Bangalore, India.
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What is the size of AbleCredit?
AbleCredit has 32 total employees.
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What industry is AbleCredit in?
AbleCredit’s primary industry is Financial Software.
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Is AbleCredit a private or public company?
AbleCredit is a Private company.
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What is AbleCredit’s current revenue?
The current revenue for AbleCredit is .
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How much funding has AbleCredit raised over time?
AbleCredit has raised $1.25M.
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Who are AbleCredit’s investors?
NSRCEL-IIMB, Helios Holdings, Merak Ventures, Venture Catalysts, and GIFT International Fintech Innovation Hub are 5 of 6 investors who have invested in AbleCredit.
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Who are AbleCredit’s competitors?
Zest AI, CreditVidya, and Scienaptic are competitors of AbleCredit.
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