Taktile, a leading decision automation platform, has secured $54 million in a Series B funding round. This investment aims to enhance AI adoption in financial services, empowering institutions to optimize risk management across the customer lifecycle. The round was led by Balderton Capital, with participation from existing investors, bringing Taktile’s total funding to $79 million.
Funding Details
The $54 million Series B round was spearheaded by Balderton Capital, with contributions from existing investors including Index Ventures, Tiger Global, Y Combinator, Prosus Ventures, Visionaries Club, and former U.S. Treasury Secretary Larry Summers. This infusion brings Taktile’s total funding to date to $79 million.
Company Background
Founded in 2020 by CEO Maik Taro Wehmeyer and CPTO Dr. Maximilian Eber, Taktile has rapidly established itself as a pivotal player in decision automation for financial services. In 2024, the company quadrupled its customer base and achieved a 3.5x increase in annual recurring revenue. Taktile’s clientele spans 24 markets, including fintech innovators like Mercury, Kueski, and Zilch, as well as major financial institutions such as Allianz and Rakuten Bank.
Product and Services
Taktile’s platform empowers risk experts to design, manage, and refine AI-driven workflows for critical functions like credit underwriting, fraud detection, and compliance monitoring. By providing a collaborative environment for risk teams and engineers, Taktile facilitates the development of complex, rule-governed AI agents embedded within business logic. This approach ensures that experienced professionals maintain control over high-stakes decisions, enabling financial institutions to adopt AI seamlessly in their operations.
Market Context
The financial services industry is increasingly integrating artificial intelligence (AI) to enhance decision-making processes, particularly in areas like credit underwriting, fraud detection, and compliance monitoring. However, implementing AI in these high-stakes domains presents significant challenges, as errors can lead to substantial financial losses, regulatory penalties, and reputational damage. For instance, in October 2024, TD Bank agreed to pay $3.1 billion to resolve allegations of inadequate anti-money laundering controls, underscoring the critical need for precise and reliable AI applications in financial decision-making.
Despite the potential benefits, many financial institutions struggle to adopt AI at scale due to a shortage of skilled engineers and the complexity of integrating AI into existing systems. Taktile addresses these challenges by providing a platform that enables risk teams and engineers to collaboratively build, manage, and optimize AI-powered workflows. This approach ensures that experienced professionals maintain control over critical decisions, facilitating the seamless integration of AI into high-stakes financial operations.
Future Plans
With the infusion of $54 million from the Series B funding round, Taktile plans to accelerate product development and expand its enterprise sales efforts. The company aims to enhance its platform’s capabilities, providing business teams with advanced tools to build transparent, AI-powered risk decision-making processes. This initiative is designed to empower financial institutions to adopt AI at scale, improving efficiency and accuracy in critical areas such as credit underwriting, fraud prevention, and compliance monitoring.
CEO and Co-founder Maik Taro Wehmeyer emphasized Taktile’s mission, stating, “From day one of our journey, we believed that millions of lives could be improved by enabling organizations to make optimal decisions for their customers.” This vision reflects Taktile’s commitment to transforming risk management in financial services through innovative AI solutions.
Industry Recognition
Taktile’s innovative approach has garnered significant industry recognition. The company has been acknowledged as a category leader by G2, a prominent user review platform, earning over 12 accolades in its Winter 2025 report. Additionally, Taktile received the “Tech of the Future – Decision Making” award at the 2024 Banking Tech Awards USA, hosted by FinTech Futures. These honors underscore Taktile’s impact and leadership in advancing AI-driven decision automation within the financial sector.
Conclusion
Taktile’s recent $54 million Series B funding marks a pivotal moment in the evolution of AI-driven risk management within the financial services industry. By empowering risk experts to design, implement, and oversee automated decision-making processes, Taktile addresses the critical challenges associated with AI adoption in high-stakes environments. As financial institutions navigate the complexities of integrating AI into their operations, Taktile’s platform offers a robust solution that combines technological innovation with human expertise, paving the way for more efficient, accurate, and transparent financial decision-making.
