Heron, a New York-based AI startup automating workflows in traditional industries, has secured $16 million in Series A funding.
Investors
The round was led by Insight Partners, with participation from Y Combinator, BoxGroup, and Flex Capital.
Insight Partners is a global software investor that partners with high-growth technology, software, and internet startups and ScaleUps driving transformative change in their industries. The firm has over $90 billion in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide, with over 55 portfolio companies achieving an IPO. Headquartered in New York City, Insight also has offices in London, Tel Aviv, and the Bay Area.
Heron Use of Funds
The company will use the funding to scale its AI-driven solutions across insurance, equipment finance, and SMB lending, as well as to expand into new verticals.
About Heron
Founded in 2020 by Dom Kwok, Jamie Parker, and Johannes Jaeckle, Heron is an AI-powered automation company focused on eliminating repetitive, manual workflows in traditional industries such as lending, insurance, and equipment finance. Heron automates document-based workflows across multiple sectors, including lending, insurance, and equipment finance. With offices in New York and London, Heron serves over 150 customers and processes more than 350,000 documents weekly.
Funding Details
Company: Open Credit Technologies Inc. (Heron)
Raised: $16.0M
Round: Series A
Funding Date: July 2025
Lead Investor: Insight Partners
Additional Investors: Y Combinator, BoxGroup, Flex Capital
Company Website: https://www.herondata.io/
Software Category: AI Workflow Automation / Document Intelligence
Source: https://www.citybiz.co/article/718144/heron-raises-16m-series-a/