Fintech AI platform Senso.ai nabs $1.5 mln in BGF-led seed round

Senso.ai, a Toronto-based financial technology artificial intelligence (AI) platform, has raised $1.5 million in a seed-stage financing. The round was led by U.S. venture capital firm Breakaway Growth Fund (BGF), with participation from NEXT Canada and Techstars. Founded in 2017 by CEO Saroop Bharwani and CTO Nick Seelert, Senso.ai provides financial institutions with a cloud-based infrastructure to generate predictive insights about consumer portfolios. Its solutions are being leveraged by Canadian institutions, including RBC. Senso.ai said the round's proceeds will support product development and expansion in the U.S. market.

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