Saris AI
Category: AI Agents
Saris builds AI agent workflow automation for banks and credit unions, automating lending, compliance, and back-office operations. The company is led by Danial Jameel. Based in San Francisco, California, United States; Montreal, Quebec, Canada. Team size: 101-500. Total funding raised: $36M. Latest round: Series A. Key investors include 8VC, Audacious Ventures, Homebrew, BankTech Ventures (Btech Consortium), Service Ventures, Liquid 2 Ventures, Foreword, Essence VC Fund.
- Headquarters
- San Francisco, California, United States; Montreal, Quebec, Canada
- Team size
- 101-500
- Total funding
- $36M
Value proposition
Saris automates 70% of complex back-office lending workflows under human supervision, reducing operational costs by up to 35% and increasing output by 300% without requiring engineering resources or replacing existing banking infrastructure.
Products and solutions
Saris Agentic Workflow Platform: AI agents that automate multi-step lending (consumer, mortgage, commercial), compliance checks, document processing, data validation, and operational workflows for banks and credit unions. Integrates with core banking systems, loan origination systems (Encompass, MeridianLink), document repositories, and Fiserv. Desktop-native application with self-healing agents.
Unique value
Purpose-built AI agents for financial institutions that integrate directly with legacy banking systems (no API dependency), execute non-linear multi-turn workflows with self-healing capabilities, and deploy in 90 days with no dedicated implementation engineering — unlike generic RPA or front-office AI tools.
Target customer
Banks and credit unions in North America, ranging from mid-size credit unions to Top 10 U.S. banks
Industries served
Financial Services (Banking, Credit Unions, Lending)
Technology advantage
Native desktop application with direct bindings to banking software (not screenshot-based computer-use agents); self-healing agents that diagnose and recover from mid-workflow failures; non-linear multi-turn execution that can loop back and skip forward; ~75% workflow definition overlap across institutions due to regulatory standardization enabling rapid scaling; deploys in 90 days vs. industry standard 6-12 months.
How they differentiate
Unlike RPA (UiPath, Blue Prism) which automates clicks sequentially, Saris automates entire cognitive workflows with AI agents that reason, adapt, and self-heal. Unlike front-office AI chatbots, Saris targets the $50B back-office salary spend. Unlike general AI workflow tools, Saris is purpose-built for financial services with deep integration into core banking systems (Fiserv, Encompass, MeridianLink).
Main competitors
UiPath, Invisible Technologies, Blue Prism
Key partnerships
Fiserv (AppMarket integration), Encompass (loan origination system), MeridianLink (loan origination system)
Notable customers
Top 10 U.S. bank (unnamed, ~$27.8M annual ROI across 3 teams), Community Bank (Matt Mayo, CRO), Catalyst Corporate Credit Union (Diana Hennel, CTO), Service Credit Union (David Araujo, CEO), Vibrant Credit Union (Matt McCombs
Major milestones
2024: Company founded by Danial Jameel, Alice Dinu, and James Dang (repeat YC founders with exit from Ready Education), 2023-10: Pre-Seed/Seed round from Liquid 2 Ventures, Foreword, Homebrew, Essence VC, Audacious Ventures, 2026-05: $28.8M Series A led by 8VC, 2026: Live with customers ranging from mid-size credit unions to Top 10 U.S. banks, 90-day deployment cycle achieved
Growth metrics
70% workflow automation; 35% cost reduction; 300% productivity increase; 9.8x cost reduction per workflow; $27.8M combined annual ROI at a Top 10 U.S. bank; 38-50 employees as of mid-2026
Market positioning
Positioned as the "control plane for financial operations" — moving beyond workflow automation to become the layer that orchestrates all banking systems. Competes against RPA vendors (UiPath, Blue Prism), general AI workflow platforms (Invisible Technologies), and fintech automation platforms (Thought Machine).
Geographic focus
North America (United States and Canada)
About Danial Jameel
Co-founder of Ready Education (formerly Oohlala Mobile), a YC-backed edtech startup (YC S16) that grew to serve 700+ institutions and 10M students before being acquired. Angel investor in SpaceX and Anduril. BSc in Computer Science and Economics from University of Toronto - Woodsworth College.
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Official website: https://saris.ai
