Saris Raises $28.8M in Series A Funding Round Led by 8VC

The round also saw participation from Audacious Ventures, Homebrew, Btech Consortium, and Service Ventures.

The company plans to use the funds to expand its platform to more financial institutions, strengthen integrations with partners such as Fiserv, Encompass, and MeridianLink, and grow its team responsible for training and deploying Saris agents.

Technology is moving faster, customer expectations are rising, and financial institutions are under pressure to do more with the same resources. However, many back-office systems have not kept up.

Teams in lending, compliance, and operations still spend a lot of time on manual document review, data checking, and repetitive tasks that don’t need human judgment. Saris helps handle this work so institutions can focus more on serving their customers.

Saris’s platform is the first of its kind in the financial industry. Its AI workflows reduce tasks that used to take hours down to just minutes. Up to 70% of consumer, mortgage, and commercial lending tasks can be automated, helping reduce costs by as much as 35%. As a result, banks and credit unions can more than double their output without increasing staff.

Matt Mayo, CRO at Community Bank, explained, “We needed an AI strategy with a clear ROI, something that can help us compete and grow using existing resources. Saris provided a single, end to end solution that streamlines workflows and integrates with our existing technology for easy adoption. The results have been incredible and appreciated by our teams. It’s clear that Saris built this solution with bankers in mind.”

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Diana Hennel, CTO and SVP at Catalyst Corporate Credit Union, said, “With Saris, we reduced manually intensive processes while improving accuracy and maintaining human oversight. Their strategy to focus on high-impact business cases and close collaboration with our team helped us deliver meaningful changes to our customers.”

“Our vision is a future where humans and AI work side by side in financial services,” said Danial Jameel, co-founder and CEO of Saris. “The best institutions won’t replace people; they’ll give people the leverage to do more with less strain and better serve customers and members as a result. Our platform already delivers measurable results and this funding lets us bring that to more institutions, faster.”

Alex Kolicich, founding partner of 8VC, said, “Financial institutions of every size are under pressure to modernize their operations, and most have been underserved by technology that wasn’t built for the complexity of today’s banking. Saris is changing that. Their platform delivers real, measurable results without disrupting the systems and teams institutions depend on.”

About Saris

Founded in 2024 by Danial Jameel, James Dang, and Alice Dinu, Saris provides AI-powered workflow automation for banks and credit unions. The platform automates high-volume manual work in lending, compliance, and operations. Saris agents are designed for financial services and are trained on each institutions existing workflows, and systems to carry out complex tasks with human oversight. The system also integrates with the banking platforms institutions already use every day.

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