Salient, a San Francisco, CA-based provider of AI-powered financial services technology, has secured $60 million in funding.
Investors
The round includes investments from Andreessen Horowitz, Matrix Partners, Michael Ovitz, and Y Combinator.
Salient Use of Funds
The funding will support the expansion of Salient’s AI-driven loan servicing capabilities, including new tools for dispute resolution, title management, complaint handling, and broader workflow automation.
About Salient
Founded in 2023, Salient is a generative AI platform designed to automate loan servicing end-to-end, specifically for the consumer finance sector. The platform combines three core offerings: an AI agent for omnichannel interactions, a compliance monitoring suite, and a servicing automation engine with advanced insights and fraud detection. Headquartered in San Francisco, California, Salient's clients include Westlake Financial, American Credit Acceptance, Exeter Finance, and three publicly listed banks.
Funding Details
Company: Salient
Raised: $60.0M
Round: Undisclosed
Funding Date: July 2025
Investors: Andreessen Horowitz, Matrix Partners, Michael Ovitz, Y Combinator
Company Website: http://www.trysalient.com/
Software Category: Fintech / AI Loan Servicing / Compliance Automation
Source:https://www.globenewswire.com/news-release/2025/07/28/3122769/0/en/Salient-Secures-60-Million-Dollars-to-Expand-AI-Powered-Loan-Servicing-Platform.html