Singapore-based startup Pints AI has raised $5.6 million in a pre-Series A funding round led by Tin Men Capital and SBI Ven Capital. The company is developing Autothought, an AI platform for regulated financial institutions that automates underwriting, claims settlement, and onboarding while maintaining an audit trail of decisions.
According to Pints AI, over the past two years, 12 clients across four countries have saved $10 million using its services. The funds raised will be used to expand the team, enhance management and auditing functions, and develop Autothought Studio.