Santa Clara-based startup Martini.ai has successfully raised $6 million in seed funding, led by Neotribe and supported by Rocketship.vc. The company plans to use the funds to support the commercial launch and ongoing development of its innovative NeuRatings credit rating system for private companies.
Co-founded by Rajiv Bhat and Rohit Singh, Martini.ai offers NeuRatings, a groundbreaking platform that enhances corporate lenders’ credit risk monitoring capabilities. The platform provides real-time credit scores and spreads for over 700,000 private companies, using AI to combine a knowledge graph with real-time monitoring of equity and credit markets to evaluate the impact of changes on credit risk. The system harnesses the power of Generative AI and Large Language Models (LLMs) to generate up-to-the-minute risk reports from information gathered from corporate bond and loan trading data, news, supply chain and corporate relationships, equity market data, traffic, and ownership.
With Martini.ai‘s NeuRatings, lenders can make better-informed decisions, benefiting from a more comprehensive and accurate understanding of the credit risk landscape in the private market. The company’s innovative approach to credit rating systems has the potential to transform how corporate lenders manage risk, enhancing their ability to make more precise evaluations and adapt to market changes in real-time.