Taktile Secures $54M to Enable Risk Experts to Take Control of AI Adoption for Decision Making in Financial Services
Taktile, a decision automation platform, has secured $54 million in Series B funding led by Balderton Capital, bringing total funding to $79 million. The company has shown remarkable growth in 2024, quadrupling its customer base and achieving 3.5x growth in ARR.Operating across 24 markets, Taktile serves fintech companies like Mercury, Kueski, and Zilch, alongside major financial institutions including Allianz and Rakuten Bank. The platform processes hundreds of millions of risk decisions monthly, enabling business teams to build transparent AI-powered risk decisioning systems.Notable customer successes include helping Zilch reduce service costs by 50%, enabling Zippi to achieve 67% faster policy logic deployment, and reducing Breakout Finance's underwriting time by 95%. The funding will accelerate Taktile's momentum in equipping business teams with AI-powered risk decisioning tools.