Kasisto

Kasisto

Conversational AI solutions for banking services

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 updates and improvements. The goal of Kasisto is to enhance customer engagement and operational efficiency for financial institutions, helping them thrive in a digital landscape.

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's $90 million funding round supports expansion and product development.
  • Partnerships with LinkLive and Moxo enhance Kasisto's market reach and capabilities.
  • Recognition as a top innovative AI company boosts Kasisto's industry credibility.

What critics are saying

  • Emerging fintech startups may erode Kasisto's market share with similar solutions.
  • Continuous R&D investment is needed to keep up with rapid AI advancements.
  • Data privacy concerns and regulatory scrutiny could impact Kasisto's operations.

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 quick integration for financial institutions.

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Growth & Insights
Headcount

6 month growth

-16%

1 year growth

-16%

2 year growth

-17%

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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