veritusagent

🎉 Big news: We've raised $10.1M in seed funding to power the future of voice AI for lending! Grateful to Crosslink, Threshold, Emergence, YC, and our other incredible investors. Our AI agents are live with banks, fintechs, and servicers across the country—and we're just getting started.

The @veritusagent phone booth has been a big hit at ARM Tech!

Fresh swag for demo day

I’m excited to invest in Veritus Agent (@veritusagent), founded by Joshua March (@joshuamarch), Joseph Stein (@josephstein), and David Schlesinger. Veritus Agent is in the current batch of Y Combinator. Veritus is reinventing loan servicing and collections with AI-powered voice agents that handle the entire process end to end. Their system manages inbound and outbound calls, keeps context across SMS, email, and chat, negotiates repayment plans, processes payments, and automates follow-ups—fully compliant, always available, and dramatically more cost-effective than human teams. The market is enormous: $4T in annual U.S. credit originations, $18T outstanding loans, and $400B in delinquent debt. Today, outreach is still dominated by manual phone and mail processes. Veritus replaces this with scalable software that improves recovery rates while cutting costs. Their model combines SaaS licensing for lenders, fintechs, and servicers with plans to operate as a licensed collections agency nationwide, creating both recurring revenue and direct upside. Already live with customers, Veritus is showing how compliant AI can modernize one of the largest and least efficient parts of financial services. Thrilled to back this team as they build the future of loan servicing.