Artis Raises Another $1.5M in Seed Funding
Summary
Artis Technologies, an Atlanta, GA-based provider of lending solutions for businesses to offer financing to their customers at the point of need, raiserd $1.5m in further seed funding. To date, Artis has raised $3m in varying forms of debt and equity financing having previously received angel funds from an entity controlled by Brad Friedlander, company chairman, finance entrepreneur and founder of Angel Oak Capital Advisors. Led by Barclay Keith, CEO, Artis Technologies provides lending solutions for businesses to provide affordable, low-friction financing to their customers at the point of need. Its API-based platforms leverage alternative data sources and ML/AI-informed decisioning to present real-time loan offers fit to each individual borrower, all done within the banking industry’s current regulatory infrastructure. Since its public launch in March, Artis has gone to market with its first product, Artis Connect, which enables financial institutions to offer downstream credit through their existing business customers to generate high-quality consumer loans.
Funding
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