Black Ore Raises $60M in Funding
Summary
Black Ore, an Austin, TX-based provider of an AI platform for financial services, raised $60M in funding. The company intends to use the funds to onboard new customers, grow its team, and accelerate the development of additional AI-products across financial services. Led by CEO Eyal Shinar and CTO Pavel Kapovski, Black Ore offers an AI and automation platform that accelerates core workflows for financial services businesses and simplifies the experience for their clients. Black Ore offers a preliminary review of the tax returns and workpapers by its team of U.S.-based CPAs, before sending the final documents back to the accounting firm for submission. Future product offerings will target wealth management, financial advisory and planning, insurance services, and more.