EnFi raises $15M for AI credit workforce growth after closing a Series A funding round led by FINTOP. The funding supports expansion of EnFi’s AI-native credit platform used by banks and lenders. The round brings EnFi’s total funding to $22.5 million and includes participation from Patriot Financial Partners, Commerce Ventures, Unusual Ventures, and Boston Seed Capital.
EnFi Raises $15M for AI Credit Workforce Through Strategic Investors
The investors backing EnFi collectively work with more than 150 financial institutions. FINTOP is connected to about 90 regional and community banks. Patriot Financial Partners has active investments across 66 banks. Commerce Ventures includes over 20 strategic limited partners, including large U.S. banks. These relationships reflect broad financial industry involvement in EnFi’s platform.
AI Credit Workforce Platform Targets Lending Labor Shortages
EnFi states that U.S. lenders spend approximately $112 billion per year on credit labor. Many credit analyst roles remain unfilled at any time. According to the company, this labor gap affects underwriting speed, risk evaluation, and portfolio oversight. EnFi positions its AI credit workforce as a solution to these staffing constraints.
EnFi Raises $15M to Scale AI Agents Across Lending Workflows
EnFi develops an AI-native platform that supports commercial lending workflows. The system uses specialized AI agents to handle deal screening, underwriting, portfolio monitoring, and risk management. EnFi reports that its AI agents can become operational within 60 to 90 days. The platform is designed to work alongside human credit teams.
Company Background and Previous Funding
EnFi was founded in 2023 by Joshua Summers, Scott Weller, and Michelle Hipwood. Summers previously co-founded clypd, which was acquired by AT&T. Weller co-founded SessionM, later acquired by Mastercard. Hipwood serves as chief financial officer. EnFi raised a $7.5 million seed round in 2024 before this Series A funding.
The platform serves commercial banks, credit unions, private credit firms, and fintech lenders. EnFi raises $15M for AI credit workforce development as part of a broader shift toward AI adoption in financial services.