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OnCorps

Category: AI in Fintech

AI-powered platform utilizing agentic AI to automate complex middle-and-back-office financial operations for large asset managers OnCorps was founded in 2011. The company is led by Bob Suh. Based in Boston, USA. Team size: 51-200. Total funding raised: $60.77M. Latest round: Growth Capital (December 2025). Key investors include ["Long Ridge Equity Partners","Guggenheim Investments","Fidelity Investments"].

Founded
2011
Headquarters
Boston, USA
Team size
51-200
Total funding
$60.77M

Value proposition

Reduces manual reconciliation time by up to 92% and cuts false positive error flags by 90% using AI agents trained on millions of financial discrepancies

Products and solutions

["Recon AI (NAV oversight and reconciliation)","Review AI (Financial report automation)","Agentic Fund Operations Platform","Deep Research Agents"]

Unique value

Combines behavioral science 'nudges' with agentic AI that autonomously investigates root causes of financial breaks rather than just flagging them

Target customer

Large asset managers ($1B+ AUM), fund administrators, and financial institutions

Industries served

["Asset Management","Fund Administration","Investment Banking","Capital Markets"]

Technology advantage

Proprietary datasets of millions of financial discrepancies allow for high-accuracy pre-trained models that outperform generic tools; production-proven at scale with $13T+ assets

How they differentiate

Unlike generic RPA (Blue Prism/UiPath), OnCorps is vertically specialized for fund accounting with pre-trained 'Agentic' models that understand financial context, offering higher accuracy in complex exception handling

Main competitors

["SS&C Blue Prism","Intapp","UiPath"]

Key partnerships

["PIMCO (Strategic Innovation Partner)","Xceptor (Automation Partnership)","Natixis Investment Managers"]

Notable customers

["PIMCO","Natixis Investment Managers","Top 3 Global Asset Manager (Undisclosed)"]

Major milestones

["$55M Growth Equity Raise (Dec 2025)","Strategic Partnership with PIMCO (2025)","Deployment across 575+ funds for Natixis","SOC 1 and ISO 27001 Certification"]

Growth metrics

Serves institutions managing ~$13 Trillion in assets; achieved 92% time savings for clients like Natixis

Market positioning

Premium, specialized AI for the 'Middle Office' of high-value asset management, positioned above generic automation tools

Geographic focus

North America (Boston HQ) and Europe (London/Global Clients)

Patents and IP

Relies on proprietary algorithms, trade secrets, and massive proprietary datasets of financial exceptions

About Bob Suh

Founder and CEO of OnCorps since 2011. Former Chief Technology Strategist at Accenture and Group President at Perot Systems (helped take the company public). Has published AI and behavioral economics articles in Harvard Business Review and Financial Times.

Official website: