Pints AI, a startup based in Singapore, has successfully secured $5.6 million in a pre-Series A funding round, with backing from Tin Men Capital and SBI Ven Capital. The company is focused on creating Autothought, an AI-driven platform designed for regulated financial institutions. This platform aims to streamline processes like underwriting, claims settlement, and onboarding, while ensuring that all decisions are tracked through an audit trail.

The firm claims that in the last two years, its solutions have enabled 12 clients across four different countries to collectively save $10 million. The new funds will be allocated towards team expansion, improving management and auditing capabilities, and further developing Autothought Studio.