The seed round, led by Pear VC, will accelerate the team building autonomous AI coworkers for fraud and risk operations.
The announcement
Socratix AI, the company building autonomous AI coworkers for fraud and risk teams, announced a $4.1 million seed round led by Pear VC, with participation from Y Combinator, Twenty Two Ventures, Transpose Platform Management, and a group of strategic angel investors.
The funding will accelerate hiring across engineering and go-to-market teams, expand participation in fraud and risk industry organizations, and support ongoing product research and development.
seed financing
round lead
announced
Why now
Fraudsters are exploiting automation, synthetic identities, and generative AI to overwhelm outdated defenses. At the same time, analysts remain bogged down in manual investigations, siloed data, and costly judgment calls.
Fraud analysts are drowning in manual work while fraudsters are scaling with AI. We're building AI coworkers that take on the repetitive investigation work, so analysts can focus on the judgment calls that protect financial systems and customer trust.
Built from experience
Socratix is building this new operating model through experience earned on the front lines. CEO and Co-Founder Riya Jagetia previously designed fraud detection and investigation systems that delivered millions in annual savings and built analyst tooling that tripled team efficiency.
Co-Founder Satya Vasanth Reddy Tumati brings expertise in scalable AI systems for petabyte-scale data and enterprise products. Together, the MIT, IIT, and UCLA alumni are building coworkers that investigate and resolve alerts in real time, unify fragmented data, and deliver explainable recommendations.
Early customer impact
Early customers are already seeing dramatic gains. Reviews that once took a full day now take just 15 minutes, and credit card reactivations that previously took five hours are reduced to minutes.
Riya and Satya know firsthand how fraud and risk teams operate, and where existing systems break down. Socratix is building AI coworkers that make those teams faster, smarter, and more resilient.
About Socratix AI
Socratix AI is building AI coworkers for fraud operations. Its agents investigate and resolve alerts in real time, unify fragmented data, and deliver explainable recommendations that strengthen human judgment.
By streamlining manual workflows and accelerating decisions, Socratix helps banks and fintechs reduce fraud losses, protect customer trust, and scale operations without scaling headcount. The company is headquartered in the Bay Area and backed by Pear VC, Y Combinator, Twenty Two Ventures, and Transpose Platform Management.
Media contact
- Website: getsocratix.ai
- Email: hello@getsocratix.ai
- Location: San Francisco Bay Area