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03.03.2025 | Tech and Business News

Taktile Raises $54M to Put Risk Experts in Control of AI

Taktile, a decision automation platform specializing in financial services, has secured $54 million in Series B funding to accelerate AI adoption in risk management. According to the company's press release, the round was led by Balderton Capital, with participation from Index Ventures, Tiger Global, and former US Treasury Secretary Larry Summers, bringing Taktile's total funding to $79 million.

The company with offices in New York, Berlin and London has experienced impressive growth, quadrupling its customer base and growing its annual recurring revenue by 3.5x in 2024. Taktile's platform currently delivers hundreds of millions of risk decisions monthly across 24 markets, serving both fintech innovators like Mercury and Zilch as well as established institutions such as Allianz and Rakuten Bank.

While AI has been widely adopted for customer support and marketing, its application to high-stakes financial decisions like credit underwriting and transaction monitoring has lagged due to the costly nature of errors. As Taktile CEO Maik Taro Wehmeyer explained in the announcement, "By keeping experienced risk experts in control, we make it possible for even the most regulated businesses in financial services to fully adopt AI into high-stakes workflows."

The platform has already demonstrated significant results for clients. Zilch reduced service provider costs by 50%, while Zippi achieved 67% faster policy logic deployment and doubled experimentation across fraud and credit workflows. Breakout Finance reportedly reduced underwriting time by 95%, enabling their risk team to handle 3-5 times more applications.

Rob Moffat, General Partner at Balderton Capital, noted the platform's unique value proposition: "It is crazy that businesses use a plethora of separate tools for different decisions across their business when it is the same customer and data."

As AI adoption in financial services moves beyond the hype in 2025, Taktile's approach of empowering risk experts with the tools to build, manage, and optimize AI-powered workflows positions it at the forefront of this transformation.

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