Saris has raised $28.8 million in a Series A funding round as the company looks to expand its AI-powered workflow platform for banks and credit unions.
The round was led by 8VC, with participation from Audacious Ventures, Btech Consortium, Homebrew, and Service Ventures.
Founded in 2024, Saris develops AI agents designed specifically for financial institutions, enabling banks and credit unions to automate manual processes across lending, compliance, and operational workflows.
The platform integrates directly with core banking systems and supports use cases spanning mortgage processing, consumer lending, commercial lending, and regulatory compliance.
Saris says its technology is designed to reduce administrative workloads while helping financial institutions improve operational efficiency across high-volume processes that have traditionally relied on manual intervention.
Since launching, the company has signed customers including Catalyst Corporate Credit Union and Community Bank, expanding its presence across the U.S. banking sector.
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The new funding will be used to strengthen integrations with key banking technology providers including Fiserv, Encompass, and MeridianLink, while supporting broader deployment across additional financial institutions.
The company also plans to expand the teams responsible for training, implementing, and managing its AI agents as demand for banking automation solutions continues to grow.
The funding reflects increasing interest in AI-powered operational infrastructure for financial institutions as banks seek to automate repetitive workflows, improve productivity, and modernize legacy operating processes.
While much of the recent focus around AI in financial services has centered on customer-facing applications, companies such as Saris are targeting back-office banking functions where automation can deliver measurable efficiency gains across lending, compliance, and operational activities.
As financial institutions continue evaluating agentic AI technologies, workflow automation is emerging as one of the earliest and most practical deployment areas within the banking sector.
