Karus
The AI Engine for Consumer Auto Finance
The AI Engine for Consumer Auto Finance
Karus.ai is a financial technology and data analytics startup founded in 2021. Specializing in consumer auto finance, the company positions itself as The AI Engine for Consumer Auto Finance. With a focus on leveraging AI-powered risk-based pricing, cash flow forecasting, and predictive modeling, Karus assists lenders in identifying areas of underperformance and enhancing their strengths to optimize consumer auto lending operations and performance.
One of Karus.ai's key initiatives is its partnership with Intex, where it operates as the exclusive Auto ABS forecasting partner for the capital markets. The company provides essential forecasts for active Auto ABS deals, covering prepayment, default, and severity, catering to a broad spectrum of Intex users, including issuers, ratings agencies, underwriters, valuation teams, and investors.
The latest investment in Karus.ai took place on 21 February 2022, with $1.00M secured in a Seed Round, led by StageDotO. The startup is headquartered in the United States and operates within the industries of Enterprise Software, Financial Services, and Fintech.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $1.00M | 1 |
|
21 Feb 2022 |
| Seed Round | $1.70M | 1 |
|
15 Nov 2021 |
| Seed Round | $2.00M | 1 |
|
01 Jan 2021 |
No recent news or press coverage available for Karus.
We care about your data, and we'd love to use cookies make your experience better.
