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Kasisto Partner

Can a domain-specific conversational AI platform become the standard intelligence layer for retail and commercial banking digital experiences globally?

Founded2013
HQNew York, New York, United States
Latest roundSeries D, September 2024
IndustryVertical SaaS / Financial Services AI
The story

Founded in 2013 as a conversational AI company, Kasisto initially built KAI — an AI platform trained specifically for the language and data of financial services. The company positioned itself not as a bank or fintech but as infrastructure for banks and credit unions to deploy AI-powered virtual assistants. As generative AI matured, Kasisto pivoted from rule-based chatbots toward LLM-augmented experiences, launching KAI Answers and expanding into employee-facing (banker assist) tools alongside consumer-facing products. The company partners with digital banking platforms and system integrators (e.g., Finastra, Synechron) to embed its AI layer into existing core banking stacks rather than competing directly with fintech platforms.

Last 12 months
2024-09
2026-04
Product timeline
2013
Kasisto founded as a conversational AI company focused on financial services, spinning out of SRI International.· pivot
2016
Launched KAI platform for banking, targeting consumer digital banking chatbot and virtual assistant use cases.· banking
2020
Expanded KAI platform to include KAI Business Banking (KBB) for commercial banking clients.· banking
2023
Integrated generative AI capabilities into KAI platform, adding KAI Answers for long-tail FAQ deflection.· pivot
2024
Raised Series D funding round (September 2024) to further expand generative AI banking solutions.· banking
The stack
Accounting gap: none