Ellis Raises $10M Seed

Ellis, a financial technology company focused on the private credit market, has officially launched following the completion of a $10M seed funding round. The company provides an AI-native operations platform designed to automate and reconcile fragmented data across fund administration, accounting, and legal systems.

Investors

The funding round was led by First Round Capital. Additional investors participating in the round include 645 Ventures, Harlem Capital, Khosla Ventures, Slow Ventures, Wilshire Lane, Westbound, Collide Capital, Gallery Ventures, Mellody Hobson, Josh Kushner, and Immad Akhund.

Ellis Use of Funds

Ellis plans to use the capital to support the development and scaling of its AI-native operations platform, which aims to provide private credit managers with a single, reconciled data foundation to manage operational workflows.

About Ellis

Founded in 2026 by Ryan Williams, Ellis provides an AI-powered platform tailored for the private credit industry. The company mission is to provide an institutional-grade operating foundation for credit managers, enabling them to automate data reconciliation, portfolio monitoring, and compliance processes.

Funding Details

Company Website: https://www.ellis.ai/

Company: Ellis
Raised: $10M
Round: Seed
Funding Date: July 30, 2026
Lead Investor: First Round Capital
Additional Investors: 645 Ventures, Harlem Capital, Khosla Ventures, Slow Ventures, Wilshire Lane, Westbound, Collide Capital, Gallery Ventures, Mellody Hobson, Josh Kushner, Immad Akhund
Software Category: Financial Technology
Source: https://alternativecreditinvestor.com/2026/07/30/private-credit-ai-platform-ellis-launches-with-10m-seed-funding/