OnCorps AI, a Boston, MA–based agentic AI platform purpose-built for fund operations, has secured $55 million in growth capital.
Investors
The round was led by Long Ridge Equity Partners, which invested to support OnCorps AI’s expansion across fund operations and adjacent capital markets workflows.
Long Ridge Equity Partners is a private investment firm focused on the financial and business technology sectors. Founded in 2007, the firm manages over $1.75 billion of committed capital. Since its founding, Long Ridge has sponsored numerous successful growth companies in these sectors, providing founders and management teams with partnership, strategic resources, and capital to drive profitable expansion.
In connection with the investment, Long Ridge Managing Partners Jim Brown and Kevin Bhatt will join the OnCorps AI Board of Directors.
OnCorps AI Use of Funds
The investment will enable OnCorps AI to accelerate product innovation, expand its go-to-market organization, and scale its infrastructure to support a rapidly growing global customer base.
About OnCorps AI
OnCorps AI is an agentic AI platform purpose-built for fund operations. Founded in 2011, the company delivers intelligent exception-resolution solutions for asset managers and fund administrators, leveraging domain-trained AI agents that autonomously detect, investigate, and resolve discrepancies across reconciliation, fund accounting, and reporting workflows. Today, OnCorps provides clients with AI-First Reconciliations, automated data matching, review, and investigation driven by research-grade AI agents, and AI-First Reporting Reviews, an automated analysis of quarterly, semiannual, and annual financial reports designed to improve accuracy, consistency, and efficiency.
Funding Details
Company: OnCorps LLC
Raised: $55.0M
Round: Growth Capital
Funding Date: December 2025
Lead Investor: Long Ridge Equity Partners
Additional Investors:
Company Website: https://www.oncorps.ai/
Software Category: AI Fund Operations / Financial Workflow Automation
Source: https://www.globenewswire.com/news-release/2025/12/11/3203705/0/en/OnCorps-AI-Raises-55-Million-to-Scale-Agentic-Fund-Operations-For-Asset-Managers.html