Ellis AI automates fragmented workflows for private credit managers using AI agents for document management, data reconciliation, and fund operations.
$10MSeed
Private credit is drowning in manual ops—Ellis just raised $10M to automate the unglamorous middle layer (doc management, reconciliation) that every alternative asset manager needs but no one wants to build in-house. If you're building workflow automation for any back-office function, watch how they position against vertical-specific competitors; the investor mix (First Round + Khosla + Thrive) signals this is a wedge into a much larger ops-automation market, not just a niche play.