Kasisto

Kasisto

Conversational AI solutions for banking sector

About

Kasisto provides conversational AI solutions tailored for the banking and financial services sector. Its main product, KAI, is a digital experience platform that uses advanced AI to create personalized and insightful conversations between financial institutions and their customers. KAI can handle various banking tasks, such as answering questions and processing transactions, making customer interactions more efficient and human-like. Unlike many competitors, Kasisto focuses specifically on the needs of banks and credit unions, offering a SaaS model that allows clients to subscribe for continuous access to the platform and its updates. The goal of Kasisto is to enhance customer engagement and operational efficiency for financial institutions, helping them thrive in a digital-first environment.

Company Stage

Series C

Employees

51-200

Industries

Fintech, AI & Machine Learning

Total Funding

$79.3M

Headquarters

New York City, New York

Founded

2013


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Simplify's Take

What believers are saying

  • Kasisto raised $90 million, indicating strong investor confidence and growth potential.
  • Partnerships with LinkLive and Moxo enhance customer engagement and streamline interactions.
  • Recognition as a Top 10 Most Innovative AI Company boosts Kasisto's market reputation.

What critics are saying

  • Emerging fintech startups may increase competition and erode Kasisto's market share.
  • Rapid AI advancements require continuous R&D investment, straining financial resources.
  • Data privacy concerns and regulatory scrutiny could impact operations and client trust.

What makes Kasisto unique

  • Kasisto's KAI platform is tailored for the banking and financial services industry.
  • KAI leverages AI research from SRI International for high-quality, scalable interactions.
  • Kasisto offers a no-code AI platform, enabling easy integration for financial institutions.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%

Benefits

Medical: Comprehensive healthcare benefits for all employees and their dependents

Dental & Vision: Dental Insurance and Vision Care Coverage for all employees and their dependents

Life Insurance: Company-paid Life Insurance

401K: Access to a 401K provider

Time Off: Generous PTO policy, plus paid company holidays

Lifestyle: Stay healthy with nutritious snacks, drinks, and meals. Get to know your team better and enjoy fun company-sponsored events, lectures, wellness activities, and sports leagues.

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