Where is OnCorps headquartered?

OnCorps is headquartered in Boston, USA. The company has a team of 51-200 people.

What does OnCorps do?

OnCorps operates in the AI in Fintech sector. AI-powered platform utilizing agentic AI to automate complex middle-and-back-office financial operations for large asset managers 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

When was OnCorps founded?

OnCorps was founded in 2011. It is based in Boston, USA.

Who is the CEO of OnCorps?

Ron Allen is the CEO of OnCorps. The company was founded in 2011.

Where is OnCorps located?

OnCorps is headquartered in Boston, USA.

What funding stage is OnCorps at?

OnCorps is currently at the Growth stage.

How many employees does OnCorps have?

OnCorps has approximately 51-200 employees.

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 Ron Allen. 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 Ron Allen

CEO of OnCorps AI since February 2026. Over 25 years scaling enterprise platforms; spent 17+ years at BlackRock, most recently as Global Head of Transformation, Aladdin, partnering with global asset managers to modernize front/middle/back-office workflows.

Latest news about OnCorps

OnCorps AI secured $55 million to scale its agentic fund operations, addressing critical needs in asset management. This investment, led by Long Ridge Equity Partners, allows OnCorps to expand its AI

More AI in Fintech companies

Official website: https://www.oncorps.ai/