The process behind many financial decisions, such as approving credit lines, is often rigid and hardcoded, making adjustments a slow and IT-dependent process. Taktile, a startup founded in 2020 by Maximilian Eber and Maik Taro Wehmeyer, aims to change that by offering a self-service platform for fintech firms to build and refine automated decision-making workflows.
Taktile’s platform allows risk and engineering teams to create and manage decision workflows, experiment with data integrations, and test predictive models. Companies can use it to analyze policy changes—such as adjusting the minimum age for an account—or automate document processing for loan approvals. The company has invested heavily in its data infrastructure, enabling users to gain a complete view of customer interactions across various decision points.
Competition in this space includes Noble, which offers a rules-based engine for credit models, and PowerCurve, a platform designed to streamline risk team operations. However, Taktile has experienced notable growth, with annual recurring revenue increasing 3.5x year-over-year in 2024. Its customer base has expanded to include fintech firms such as Zilch and Mercury, with many choosing Taktile over legacy systems that are seen as outdated.
This week, the New York-based company announced a $54 million Series B funding round led by Balderton Capital, with participation from Index Ventures, Tiger Global, Y Combinator, Prosus Ventures, Visionaries Club, and OpenAI board member Larry Summers. The investment brings Taktile’s total funding to $79 million. The fresh capital will be directed toward product development and strengthening the company’s enterprise sales efforts.
Taktile, which now employs 110 people, did not raise funds out of necessity, as it had more than two years of financial runway. Instead, Wehmeyer noted that strong growth in 2024 attracted investor interest. With fintech firms focusing on unit economics and vendor consolidation, Taktile sees an opportunity to position itself as an end-to-end solution.
Featured image courtesy of Index Ventures
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