AI-native solutions for spend management, banking operations, trading, insurance and health workflows
AI In Finance, Banking And Insurance
AI-Native Solutions Solidify as Critical Infrastructure Across Industries: The Latest Wave of Funding, Innovations, and Expanding Horizons
The transformative power of artificial intelligence (AI) continues to accelerate, transitioning from experimental pilots to foundational infrastructure that underpins essential sectors such as finance, healthcare, insurance, robotics, and developer ecosystems. Recent developments not only reaffirm this trend but also reveal a broadening scope—spanning secure deployment, operational automation, hardware innovation, and sector-specific applications—highlighting AI's evolution into a vital societal backbone.
A New Era: From Niche Innovation to Industry Backbone
Over the past few months, the momentum behind AI-native solutions has surged dramatically. Driven by substantial capital inflows, advances in domain-specific models, safety frameworks, and hardware, startups and established giants alike are deploying bespoke AI architectures that are becoming integral to operational workflows. These solutions are facilitating resilience, transparency, scalability, and trust—traits essential for industry adoption at scale.
Major Funding and Product Breakthroughs
Financial Sector: Automation, Security, and Spend Management
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Automation & Insights
Stacks, a leader in automating accounting workflows, closed a $23 million Series A, emphasizing their role in streamlining complex closing processes and reducing manual effort amid mounting regulatory demands. -
Secure AI Deployment & Regulation
Portkey attracted $15 million to develop secure Large Language Model Operations (LLMOps) gateways, addressing the pressing need for trustworthy, compliant AI deployment in enterprise settings.
Solidrange, specializing in Governance, Risk Management, and Compliance (GRC), raised $2.4 million to automate cybersecurity oversight and regulatory compliance, reinforcing the importance of trustworthy AI ecosystems. -
Insurance & Legal Domains
Chicago-based Qumis secured $4.3 million to develop AI platforms trained on legal datasets, targeting streamlined insurance underwriting and claims processing.
Pace, an AI automation platform focused on insurance workflows, garnered $10 million from Sequoia Capital to enhance automation in underwriting, claims, and customer engagement processes. -
Spend Management & Developer Tools
Rowspace, a fintech platform addressing unstructured financial data, raised $50 million led by Sequoia Capital, aiming to transform investment decision-making through AI-powered data organization.
SolveAI, a low-code AI platform empowering employees to build custom enterprise solutions, secured £37 million (~$50 million) from Google Ventures and Accel, further embedding AI into core operational layers.
Healthcare & Biotech: Automation, R&D, and Clinical Workflows
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Operational Automation & Cost Transparency
Anterior, an AI automation provider for healthcare workflows, oversubscribed a $40 million funding round, now totaling $64 million, to enhance claims processing, patient data analysis, and regulatory compliance.
SpendRule, focusing on hospital expense transparency, secured $2 million in seed funding to foster cost accountability and efficiency. -
Drug Discovery & Therapeutics
Peptris, leveraging AI for molecular analysis in peptide therapeutics, raised INR 70 crore (~$8.5 million) in Series A backed by IAN Alpha Fund.
Sift Biosciences, advancing AI-driven peptide immunotherapy, closed a $3.7 million pre-seed round, targeting unmet needs in oncology and autoimmune diseases. -
Neurorehabilitation & Digital Health
nyra health in Vienna secured €20 million in Series A to expand its AI-powered neurorehabilitation platform, delivering personalized, adaptive therapies for patients recovering from stroke or traumatic brain injury—highlighting AI’s expanding role in clinical workflows and patient outcomes.
Infrastructure, Safety, Hardware, and Connectivity
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Safety & Oversight
Overmind, founded by a former MI5 officer, raised €2.3 million to develop autonomous AI oversight systems across finance, healthcare, and defense sectors.
Hybridity, a Swedish compliance-focused AI firm, secured SEK 22 million (~$2.3 million) to enhance regulatory monitoring and security layers.
Solidrange continues its focus on automating GRC and cybersecurity, reinforcing trust and safety. -
Physical & Real-World AI Models
Stanhope AI raised $8 million to develop "Real World AI Models" capable of physical interactions, expanding AI beyond digital environments into logistics, manufacturing, and safety-critical sectors. -
Hardware & Connectivity
- Vervesemi, a fabless semiconductor startup, secured $10 million to develop energy-efficient analog ML chips for edge AI applications.
- C2i Semiconductors raised $15 million to produce scalable, energy-efficient AI chips tailored for large data centers, addressing sustainability concerns.
- Satellite connectivity initiatives, led by former SpaceX engineers like Travis Brashears and Serena Grown-Haeberli, obtained $50 million in Series A funding to build global optical communication networks—crucial for reliable, high-speed AI data transfer across continents.
- Tonetag, based in Bengaluru and backed by Qualcomm Ventures, is developing AI-powered device-level payment solutions capable of secure, real-time transactions in remote or bandwidth-constrained environments.
Broadening Horizons: New Frontiers in AI-Native Ecosystems
The landscape continues to diversify with agentic AI, cloud/edge infrastructure optimization, and early-stage fintech and legal AI startups:
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Agentic AI & Automation
Gushwork AI, a Bengaluru-based startup specializing in agentic AI, raised $9 million in seed funding led by Susquehanna Asia VC. Their platform focuses on autonomous agents capable of managing complex workflows, negotiating, and decision-making tasks—pushing AI toward more proactive, human-like operational roles. -
Cloud & Infrastructure Optimization
JetScale AI, a Quebec-based company, announced an oversubscribed $5.4 million seed round. They focus on cloud infrastructure optimization for AI workloads, enabling organizations to lower costs and improve performance at scale. -
Early-Stage Fintech & Legal AI
Alpa, a London fintech startup, secured $3.5 million in pre-seed funding to develop AI-driven solutions for payments, banking operations, and compliance workflows.
Inhouse, a legal AI startup, raised $5 million to automate legal research and contract review, streamlining legal workflows and reducing manual effort.
Implications and Future Outlook
The latest developments reinforce a clear narrative: AI-native solutions are transitioning into essential societal infrastructure. The influx of funding, product launches, and technological breakthroughs signals a collective movement toward trustworthy, scalable, and hardware-enabled AI ecosystems that underpin vital industries and societal functions.
Key implications include:
- Operational Efficiency and Transparency: Across finance, healthcare, insurance, and legal sectors, AI is enabling smarter, more accountable workflows.
- Trust & Safety: Focused investments in oversight, human-in-the-loop training, and cybersecurity are building resilient AI ecosystems.
- Connectivity & Edge Computing: Satellite networks and energy-efficient hardware are democratizing access and enabling deployment in remote or latency-sensitive environments.
- Physical AI & Robotics: The expansion into real-world, physical interactions signifies AI’s role in logistics, manufacturing, and safety-critical applications.
- Democratization & Developer Ecosystems: Platforms like SolveAI and infrastructure tools are lowering barriers, empowering broader participation in AI development and deployment.
Looking ahead, the continuous flow of capital and innovation indicates that AI-native solutions will deepen their integration into core industry and societal infrastructure—driving smarter, safer, and more adaptive systems. The emerging focus on trustworthy, hardware-enabled, and agentic AI will shape the next frontier of AI’s role as a resilient backbone for society’s future.
This ongoing evolution promises a future where intelligent, trustworthy, and scalable AI becomes ubiquitous—transforming industries and enhancing societal wellbeing at every level.