OnCorps, Inc.

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OnCorps, Inc. - overview

Established

2011

Location

Boston, MA, US

Primary Industry

Information Services

About

OnCorps, Inc. delivers innovative artificial intelligence solutions specifically designed for the financial services sector, enhancing operational efficiency and accuracy in crucial processes. OnCorps, Inc. is focused on providing advanced AI solutions to the financial services industry.


Founded in 2011 in Boston, US, the company has undergone strategic developments to enhance its offerings. Bob Suh, the CEO and founder, has a history of innovation in the tech sector. In December 2025, OnCorps, Inc. raised USD 55 million in growth funding from new investor Long Ridge.


OnCorps AI specializes in providing advanced artificial intelligence solutions tailored for the financial services sector. Their core offerings encompass a suite of AI agents engineered to enhance operational efficiency in back-office processes, particularly focusing on error detection in reconciliation tasks. By leveraging proprietary algorithms and comprehensive document repositories, OnCorps AI serves clients such as Pimco and Natixis Investment Managers, facilitating a substantial reduction in time spent on repetitive tasks and improving accuracy in reporting and reconciliation activities. The company’s AI solutions are designed to be utilized by firms managing substantial assets, specifically those with a collective USD 13 trillion in assets under management (AUM) across various geographical markets, including North America and Europe.


The applications of OnCorps AI's technology span across fixed income, trading, and operational processes, aimed at addressing inefficiencies within these critical functions in the financial industry. OnCorps AI generates revenue through a business-to-business model, partnering with prominent asset management firms to implement its AI-driven solutions. The transaction structure is primarily centered around subscription agreements, where clients subscribe to access OnCorps AI's suite of proprietary algorithms and software tools designed for operational oversight and reporting enhancements. For example, a client may engage OnCorps AI to deploy its flagship Review AI service, which offers significant time savings in the review process, thereby streamlining fund operations.


This service, among others, is offered under structured pricing plans that reflect the complexity and scale of the solutions provided, ensuring that clients can optimize their operational processes effectively. The revenue model is supported by a client base that includes industry leaders who rely on OnCorps AI's capabilities to ensure accuracy and compliance in their financial operations. The company plans to utilize the December 2025 funding to speed up product development, grow its sales and marketing teams, and enhance its infrastructure to accommodate its fast-expanding customer base.


Current Investors

Guggenheim Investments, Andreessen Horowitz

Primary Industry

Information Services

Sub Industries

Accounting/Finance Software, Analytics & Performance Software, Information Services

Website

www.oncorps.io/

Verticals

Artificial Intelligence

Company Stage

Series B

Total Amount Raised

Subscriber access only

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