Exclusive: Veritus Raises $10.1m Seed Funding to Power Voice-first AI Agents for Lenders

US fintech start-up Veritus has raised $10.1 million in seed funding to accelerate deployment of its AI agents across the consumer lending value chain, company co-founder and CEO Joshua March reveals exclusively to FinTech Futures. 

The round was led by Crosslink and Threshold, with support from Emergence Capital, Surge Point, Cedar Capital, and Rebel Fund, among other investors.

March created the company with former Divvy Homes engineers David Schlesinger and Joey Stein last year, before being incubated in Y Combinator’s Summer 2025 batch. 

Based in San Francisco, Veritus offers an AI agent platform for the consumer lending industry. The technology focuses on providing voice-first agents capable of conducting regulated conversations with borrowers, supporting text, email, and live chat.

The agents integrate with lenders’ loan management systems (LMSs) and systems of record to access customer data and run omnichannel inbound and outbound operations, including an automated dialler and campaign scheduling. 

Veritus is currently focused on two areas of deployment: application-funnel outreach to convert pre-qualified borrowers, and early-stage delinquency engagement.

Veritus calling 

“Right now we’re deploying voice-first AI agents where lenders see quick impact—calling and texting in the application funnel to increase conversions, and early-stage delinquency outreach where we can take payments on the phone,” March says in an interview with FinTech Futures.

The platform includes an intelligent KYC module that adapts verification based on risk, and a dual-agent design for complex conversations such as hardship plans, fee waivers, payment plans, and settlements. 

“We have these dual AI agent structures,” March explains. “One AI agent speaking to the customer and then a separate AI agent behind the scenes, listening in on the conversation and making assessments that they feed into the primary agent.”

On security, March says the platform was architected for bank-grade controls from inception. “From day one, we knew we needed to build bank-grade security, including real time PII redaction, and tokenisation of all sensitive data,” he comments. “We’re PCI compliant, so we can handle payments, we’re HIPPA compliant, we’re ISO certified, and SOC Type II compliant.”

The company has been live with customers for the past five months, with March referencing active engagements across fintechs, a major servicer, and a UK bank, with a broader pipeline spanning fintech and traditional banking.

From seed to speed

Following the seed round, March reveals that Veritus now aims to “grow as fast as possible, both from a revenue perspective and a client perspective”. 

Go-to-market efforts will include expanding its team, which currently includes Tim Humphrey, head of operations and collections, who ran operations and collections teams at Best Egg for 10 years; Stanley Lau, head of risk and pricing, previously VP at Goldman Sachs Marcus and Lending Club, with earlier experience at PayPal; Ronnie Momen, adviser and former chief banking officer at Lending Club; and Caleb Sima, security adviser and former CSO at Robinhood.

“The market is very large,” March continues. “It feels like everyone is finally waking up to the massive operational and performance benefits to be had by investing in agentic AI, and we think that everyone in the market is going to be choosing their virtual agent partner over the next couple of years. And so our goal is to grow as quickly as possible to meet that demand and serve as much of the market as possible,” he concludes, adding: “We’ll do a Series A as soon as we see sufficient take off.”