Poetic

Poetic

AI-powered automation for high-stakes enterprise processes

Overview

Poetic automates complex, high-stakes enterprise processes like fraud investigations, transaction monitoring, and disputes using programmable pipelines that learn like AI but run like code. Operators describe multi-hour workflows in natural language, and Poetic encodes that expertise into deterministic, auditable processes rather than relying on autonomous agents. The system delivers about 99% accuracy on automated tasks for Fortune 500 financial firms and counts SoFi and AIG as customers, with an eight-figure annual run rate in 2025. Its goal is to extend reliable, auditable automation to more regulated industries that require trusted, scalable workflow automation.

About Poetic

Simplify's Rating
Why Poetic is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Financial Services

Company Size

51-200

Company Stage

Seed

Total Funding

$50M

Headquarters

Manhattan Beach, California

Founded

2023

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Simplify's Take

What believers are saying

  • Kleiner Perkins, OpenAI, and Founders Fund backed the June 2026 Series A.
  • Poetic reached an eight-figure run rate and profitability in 2025.
  • Fortune 500 financial customers already generated double-digit millions in savings by June 2026.

What critics are saying

  • A single workflow defect in fraud or underwriting triggers customer loss and regulatory scrutiny.
  • Workato, Appian, Camunda, and Pega already own enterprise automation budgets in 2026.
  • Poetic's four-person 2025 core must scale fast or the $500 million narrative collapses.

What makes Poetic unique

  • June 2026: Poetic runs deterministic enterprise workflows, not free-form agents.
  • Poetic claims 99%+ accuracy on SoFi fraud investigations and AIG underwriting.
  • Founder Markie Wagner rebuilt Forge into Poetic after Waymo and Delphi.

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Funding

Total Funding

$50M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$50M
Poetic

Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

↓ -4%

1 year growth

↓ -4%

2 year growth

↓ -4%
Bloomberg
Jun 10th, 2026
OpenAI backs AI startup Poetic with $50M to automate compliance and underwriting

Poetic, an AI startup, has emerged from stealth with $50 million in funding from OpenAI and other investors. The company aims to help businesses streamline complex tasks including insurance underwriting and financial compliance.

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