AbleCredit
AI Agents · InsurTech
5open roles
$1.3Mlatest round · Seed · May 2024 · 2 yr ago
1backers · NSRCEL
10+team · employees, estimated range
Overview
AbleCredit helps BFSI Enterprises dramatically reduce OPEX via ready-made, customisable GenAI workflows for onboarding, claims, credit, and collections.
Funding and backers
Total raised
$1.3M
1 round on record
Latest round
$1.3M
Seed · May 2024 · 2 yr ago
Team
11-50
employees, estimated range
Hiring now
7
+2 posted in 30 days
Backers
1
NSRCEL
The money's age
Long since its last round
29 months since the last round · and hiring
Momentum
11/100
hiring for its size
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
May 28, 2024
Raised a round Seed $1.3M · led by Merak Capital · The Economic Times
Tractionpublic signals, read monthly
Web presence
top 2%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Seed | May 2024 | $1.3M | Merak Capital lead | The Economic Times |
Registers and programsofficial lists and records that name the company
| Legal entity | Lightbees Technologies Private Limited | its site |
Backed byfrom the funds' portfolios and accelerator catalogs
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Jobs
≈ $23k – $58k per year (Estimated) · In office · Full-Time · 10+ years exp · Bengaluru
Python
Go
JavaScript
Java
TypeScript
SQL
Node JS
LLM
DevOps
Rest API
GCP
Azure
CI/CD
AWS
Docker
Kubernetes
Incident Management
SLI/SLO/SLA
Apply
≈ $18k – $41k per year (Estimated) · In office · Full-Time · 5+ years exp · Bengaluru
JavaScript
TypeScript
Node JS
Express
Databases
PostgreSQL
AI/ML
AI Agents
DevOps
Rest API
Apply
≈ $13k – $31k per year (Estimated) · In office · Full-Time · 5+ years exp · Bengaluru
Python
JavaScript
TypeScript
CI/CD
QA
Cypress
Playwright
Appium
Postman
k6
Apply
≈ $13k – $35k per year (Estimated) · In office · Full-Time · 2+ years exp · Bengaluru · Mumbai
Apply
≈ $14k – $30k per year (Estimated) · In office · Full-Time · 1+ year exp · Bengaluru
A/B Testing
Management
Agile
Scrum
Apply
Growth
Hiring Momentum
23/100
Hiring freeze
Open positions
5
0 opened / 0 closed in 30 days
Median time-to-fill
60 days
faster than 22% of the market
Hiring Dynamics
0%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
Backend
38% ▲
Mobile
25% ▼
QA
13% ▼
Product
13% ▼
Solutions
13% ▼
Financials
Total raised
$1.3M
Latest round
Seed
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Seed | 2024 | $1.3M | Details |
Tech stack
Technologies named in job postings at AbleCredit over the last 12 months, by layer, with the share of postings for each.
Technologies in use
35
Postings analysed
7
Stack modernity
81/100AI adopter
Languages
JavaScript
TypeScript
Kotlin
Swift
Frameworks & libraries
Flutter
React Native
React.js
Express
Databases
PostgreSQL
Cloud & platforms
AWS
Azure
GCP
Kubernetes
AI & ML
LLM
Sign in to see how your skills match this stack
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Full AbleCredit tech stack
35 technologies · by team · pay by technology · changes · similar stacks
Connections
List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors
NSRCELVia a fund
Click a company to open it. Dashed lines are likely connections. The second step of the network is part of the Pro plan.
Owner
Same company
Same group
Likely
News
Exclusive: AI-Led Fintech Startup AbleCredit In Talks To Raise $5 Mn
AbleCredit Funding: AI-led fintech startup AbleCredit is in talks to raise $5 Mn in its Series A funding round, sources told Inc42.
Read more
Report
AbleCredit Secures Funding To Automate Credit Apps, Detect Frauds
AI-powered fintech startup AbleCredit has secured $1.25 Mn (INR 10.4 Cr) in a seed funding round led by Merak Ventures.
Read more
Report
AbleCredit raises $1.25 million in seed funding round led by Merak Ventures
I credit underwriting company AbleCredit has raised $1.25 million in seed funding round led by early-stage venture capital (VC) firm, Merak Ventures. Venture Catalysts and Helios Holdings (Suraj Nalin) also participated in the round.
Read more
Report
AbleCredit raises seed funding led by Merak Ventures - BusinessToday
The seed round was led by Merak Ventures, with participation from Venture Catalysts and Helios Holdings (Suraj Nalin).
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Report
AbleCredit raises seed funding led by Merak Ventures: Key details - Times of India
TECH NEWS : Merak Ventures has made its fourth significant investment this year in AbleCredit, an AI credit underwriting company, with a $1.25Mn round. AbleCredit
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Report
AbleCredit: AbleCredit raises $1.25 million in funding round led by Merak Ventures
AbleCredit raised $1.25 million in a seed round led by Merak Ventures to address the credit gap in emerging nations using innovative AI solutions, aiming to process one million loan applications for small businesses.
Read more
Report
Offices
Where the company hires and what each office is for
Cities
2
Hiring now
2
Countries
1
Busiest office
Bengaluru
Loading the map
Headquarters
Builds here
Office with open vacancies
Tap a pin for the office
Bengaluru
India
HQ
Company Information
7 open roles 8 posted in 90 days 71% engineering 10-50 est. staff
hires for Backend, Mobile, QA
HD-093, WeWork Salarpuria Symbiosis, Arekere Village, Bannerghatta Road, Bengaluru - 560076
Mumbai
India
1 open roles 1 posted in 90 days 1-10 est. staff
hires for Solutions