OpenRisk Technologies Inc.

company

About

Connecting Your Business To The Future

Details

Last Funding Type
Seed
Last Funding Money Raised
$3.10M
Industries
Analytics,Artificial Intelligence,Blockchain,Financial Services,Information Technology,Machine Learning,Natural Language Processing,Semantic Web
Founded date
Apr 29, 2018
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
OpenRisk Technologies Inc.
Also Known As
OpenRisk

Our mission is to become the most valuable knowledge backbone of our clients' organization, so they can make informed and timely business decisions with confidence.

OpenRisk offers an INTERCONNECTED INSIGHTS platform that harvests, manages, connects, and analyzes a financial institution’s unstructured and structured data including contracts, commitments, communications, and events — resulting in more efficient and streamlined business processes, improved operational and financial risk management, and the identification of new revenue opportunities for our clients. OpenRisk platform is built on a unique combination of Semantic Web, Natural Language Processing, Machine Learning, and Distributed Ledger Technologies.

Our self-service driven adaptable platform can accelerate an organization’s unique needs or solve business critical problems right out of the box. All of our clients realize immediate value by adopting OpenRisk’s template-free, state-of-the-art semantic machine reading comprehension approach to not only extract and harvest legal clauses, facts, and rules but also in transforming linguistic rules to mathematical expressions. Strategically, some of clients derive an exponentially higher value by combining information from unstructured data with related structured data to get a complete and accurate analysis of hidden risks and untapped opportunities.

With a clear vision, authoritative & leading expertise in the financial services sector, and hunger to change the world, we are on a journey to create a more financially responsible society through better informed decision making.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$4.36M
OpenRisk Technologies Inc. has raised a total of $4.36M in funding over 2 rounds. Their latest funding was raised on Dec 31, 2019 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 31, 2019 Seed $3.10M Detail
Jan 29, 2019 Seed $700K 1 Detail
Apr 15, 2018 Pre-seed $350K 1 Detail
Jan 25, 2018 Seed $210K 2 Detail

Investors

Number of Lead Investors
Number of Investors
4
OpenRisk Technologies Inc. is funded by 4 investors. Wells Fargo Startup Accelerator and Narasimha Kodihalli are the most recent investors.
Investor Name Lead Investor Funding Round
Wells Fargo Startup Accelerator Seed
Narasimha Kodihalli Pre-seed
Amazon Web Services Seed
Google for Startups Seed

Employee Profiles

Number of Employee Profiles
6
OpenRisk Technologies Inc. has 6 current employee profiles, including Executive Srinivasa Chinnam
Executive
Board member
Executive
Board member