Coris - About the company
Coris is a seed company based in San Francisco (United States), founded in 2022 by Vinodh Poyyapakkam and Shyam Maddali. It operates as an AI based merchant risk management software. Coris has raised $4.2M in funding from investors like Y Combinator, Lux Capital and Pathlight Ventures. The company has 243 active competitors, including 62 funded and 53 that have exited. Its top competitors include companies like Jumio, WorkFusion and ION Group.
Company Details
AI based merchant risk management software. It helps users to streamline the underwriting process, reduce manual errors, and improve the efficiency of the business. It also helps businesses reduce risk, improve efficiency, and make more informed decisions about merchants. It provides APIs to automate underwriting and risk management.
Key Metrics
Founded Year
2022
Location
San Francisco, United States
Stage
Seed
Total Funding
$4.2M in 2 rounds
Latest Funding Round
Investors
Ranked
69th among 243 active competitors
Employee Count
39 as on May 31, 2026
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Coris's funding and investors
Coris has raised a total funding of $4.2M over 2 rounds. Its first funding round was on 2022. Its latest funding round was a Seed round on Feb 01, 2024 for $*****. 4 investors participated in its latest round. Coris has 4 institutional investors.
Here is the list of recent funding rounds of Coris:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 01, 2024 | 4186912 | Seed | 9389985 | 5449782 | 7634857 | 6313714 |
2022 | 2961 | Seed | 8820 | 3808 | 5716 |
View details of Coris's funding rounds and investors
Coris' founders and board of directors
Founder? Claim ProfileThe founders of Coris are Vinodh Poyyapakkam and Shyam Maddali. Vinodh Poyyapakkam and Shyam Maddali are the CEOs of Coris.
Here are the details of Coris' key team members:
- Vinodh Poyyapakkam: Co-Founder and CEO of Coris.
- Shyam Maddali: Co-Founder & CEO of Coris. Contact Info: 1 email address
View details of Coris's Founder profiles and Board Members
Coris' employee count trend
Coris has 39 employees as of May 26. Here is Coris's employee count trend over the years:
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Coris's Competitors and alternates
Top competitors of Coris include Jumio, WorkFusion and ION Group. Here is the list of Top 10 competitors of Coris, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 76/100 | |
2nd | WorkFusion 2010, New York City (United States), Acquired | Provider of robotic process automation and chatbot solutions to automate work processes | $411M | 71/100 | |
3rd | ION Group 1998, New York City (United States), Late Stage | Treasury management solutions for financial institutions and banks | $400M | 68/100 | |
4th | Synctera 2019, San Francisco (United States), Series A | Provider of a platform for building and managing financial products | $95.2M | 67/100 | |
5th | Socure 2012, New York City (United States), Series E | Provider of AI based platform offering identity verification | $650M | 66/100 | |
6th | Intelligo Group 2014, New York City (United States), Acquired | Cloud-based customer identity and background verification solutions | $44M | 66/100 | |
7th | Alloy 2015, New York City (United States), Series C | Identity decisioning platform for banks and fintech firms | $211M | 65/100 | |
8th | GBG 1989, Chester (United Kingdom), Public | Platform offering fraud prevention solutions | - | 65/100 | |
9th | The Demex Group 2019, Washington, DC (United States), Series A | Provider of reinsurance solutions for non-catastrophic weather-related losses for insurers | $28.4M | 65/100 | |
10th | Risk intelligence solution for protection against fraud | $31.7M | 64/100 | ||
69th | Coris 2022, San Francisco (United States), Seed | AI based merchant risk management software | $4.2M | 44/100 |
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Coris's Investments and acquisitions
Coris has made no investments or acquisitions yet.
Reports related to Coris
Here is the latest report on Coris's geography:
News related to Coris
•
Coris raises $3.7M, sets sights on AI-driven paradigm shift in SMB risk managementDNYUZ•Feb 01, 2024•Coris, Lux Capital, Exponent Founders Capital, Y Combinator and 1 other
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