Coris
Coris is an AI-native merchant risk platform that unifies onboarding, underwriting, fraud detection, portfolio monitoring, and disputes for SaaS platforms, ISOs, payment facilitators, banks, marketplaces, and fintechs. It is headquartered in Palo Alto, was founded in 2022, and is backed by Y Combinator.
- Company typePrivate
- Founded2022
- HeadquartersPalo Alto, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Coris does
Coris is an AI-native merchant risk infrastructure company serving vertical SaaS platforms, ISOs, payment facilitators, sponsor banks, marketplaces, and fintechs that need to onboard, underwrite, monitor, and manage merchant risk at scale. The company is headquartered in Palo Alto, California, was founded in 2022 by Vinodh Poyyapakkam (CEO) and Shyam Maddali (CTO), and is backed by Y Combinator with a $3.7M seed round led by Pathlight Ventures and Lux Capital in February 2024. Customers include GoFundMe, Weave, Kajabi, Clio, Tekmetric, Kustom, Autura, Ignition, Cherry Technologies, Foundation Finance, Quilt, Zift, Webconnex, Evolve, and Aurora Payment, among others, spanning healthcare SaaS, fintech, BNPL, automotive, events, and consumer financing verticals.
The core product is the Risk Platform, a unified system covering rules management, case management, AI agents, merchant data, integrations, and reporting across the full merchant lifecycle. Supporting modules include MerchantProfiler (merchant intelligence returning hundreds of structured signals across 50+ countries), CorShield (fraud model for business impersonation), Transaction Monitoring (real-time card and ACH fraud scoring), Merchant Monitoring (continuous portfolio surveillance), AI Agents (Vetting Agent, Portfolio Briefing Agent, Dispute Agent, Business Onboarding Pre-fill), and a Managed Risk service. The platform is processor-agnostic across Stripe, Adyen, TSYS, and Fiserv, integrates with Salesforce, Slack, Intercom, Zendesk, Snowflake, Redshift, Mastercard MATCH, and others, and is delivered through both a no-code Coris Portal and a Coris API. The underlying AI Merchant Intelligence Network covers 330 million merchants across 50+ countries. The company is SOC 2 Type II certified.
Coris operates a sales-led enterprise SaaS model with quote-based annual subscriptions priced on portfolio size and feature requirements, supported by ROI calculators, merchant exposure calculators, and detailed customer case studies. Go-to-market targets Chief Risk Officers, VPs of Risk, Heads of Underwriting, and Heads of Payments, with distribution via direct enterprise field sales, the no-code portal for mid-market self-service, and the API for technical enterprise integration. Platform-wide outcomes cited include 80%+ reduction in manual reviews, 5x first-year ROI, 1.5M+ merchants monitored, and $50B+ annualized transaction volume.
Coris firmographics
Firmographics- Name
- Coris
- Legal name
- Coris, Inc.
- Website
- https://coris.ai
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Coris is an AI-native merchant risk platform that unifies onboarding, underwriting, fraud detection, portfolio monitoring, and disputes for SaaS platforms, ISOs, payment facilitators, banks, marketplaces, and fintechs. It is headquartered in Palo Alto, was founded in 2022, and is backed by Y Combinator.
- Ownership category
- akta.pro rank
Coris industry classification
Industry- Product category
- Merchant Risk Management Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Processor-Agnostic / White-Label Acquiring Platforms (Acquiring-as-a-Service) (FSAMABAI)
- akta.pro secondary industry
- Merchant Acquiring & Processing Platforms (BPAMAFAB)
Keywords
Where Coris is headquartered
LocationHeadquarters
- HQ city
- Palo Alto
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Coris business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Platform/SaaS Subscription: Coris operates as a SaaS platform providing access to their AI merchant risk infrastructure. Pricing is based on platform usage with subscription model. Customers pay for access to the Risk Platform, MerchantProfiler, CorShield, Transaction Monitoring, and AI Agents capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based enterprise pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Coris product offering
Product offeringCore offering
Coris sells an AI-native merchant risk platform that unifies merchant onboarding, underwriting, real-time transaction fraud scoring, and continuous portfolio monitoring for SaaS platforms with embedded payments, payment processors, ISOs, payfacs, sponsor banks, marketplaces, and lending companies. The platform is built on a proprietary AI Merchant Intelligence Network covering 330M merchants across 50+ countries, is delivered via a no-code portal and API, and is processor-agnostic across Stripe, Adyen, TSYS, and Fiserv.
Product overview
Coris is an AI-native merchant risk platform that offers a modular, integrated product architecture. The core offering is the Risk Platform, a unified platform for rules management, case management, AI agents, merchant data, integrations, and reporting across onboarding, underwriting, and monitoring workflows. Supporting this platform are specialized modules including MerchantProfiler (merchant intelligence returning hundreds of structured signals across 50+ countries), CorShield (fraud model for business impersonation detection), Transaction Monitoring (real-time fraud scoring for card and ACH payments), and Merchant Monitoring (continuous monitoring across transaction, business, and risk signals). AI Agents provide configurable automation for onboarding, monitoring, and review workflows with human-in-the-loop escalation. Managed Risk offers a fully-managed service for companies wanting Coris to operate their risk program. The platform is processor-agnostic, supporting Stripe, Adyen, TSYS, and Fiserv, and offers both a no-code Coris Portal interface and a Coris API for programmatic access.
Differentiator
Problem solved
Functional benefit
Brands
- Risk Platform: Unified platform for rules management, case management, AI agents, merchant data, integrations, and reporting across onboarding, underwriting, and monitoring workflows.
- MerchantProfiler
- CorShield
- Transaction Monitoring
- Merchant Monitoring
- AI Agents
- Managed Risk
Products and services
- Risk Platform Unified risk decisioning platform for rules management, case management, AI agents, merchant data, integrations, and reporting across onboarding, underwriting, monitoring, and dispute workflows. Sold to SaaS platforms with embedded payments, ISOs, payfacs, sponsor banks, marketplaces, BNPL/POS financing, B2B payments, and lending companies.
- Merchant Intelligence (MerchantProfiler) Merchant intelligence solution that returns hundreds of structured signals including business registration, industry classification, website insights, online reviews, adverse media, litigation, commercial credit, and bank verification across 50+ countries to automate underwriting.
- Transaction Monitoring Real-time fraud scoring for card and ACH payments built for platforms processing payments, designed to detect anomalies, fraud, and noncompliance and act before money moves.
- AI Agents Configurable AI agents and assistants that automate onboarding, monitoring, periodic review, and dispute workflows with human-in-the-loop escalation, including Vetting Agent, Portfolio Briefing Agent, Dispute Agent, and Business Onboarding Pre-fill.
- Managed Risk Managed merchant risk service where Coris operates a complete risk program on the customer's behalf, enabling companies to launch and scale payments without building an in-house risk team.
- Coris API Direct API access for merchant screening, onboarding, and monitoring workflows, with developer documentation at the Coris developer portal.
- Coris Portal No-code web interface for reviewing merchant risk profiles, alerts, and case management, enabling self-service access alongside the Coris API.
Quantifiable outcome
- 80%+ reduction in manual reviews
- +9 more outcomes
Companies that use Coris
Customer profileNamed customers21 records
Segments8 records
Ideal customer profiles4 records
Coris technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
AI capability7 records
Feature10 records
Coris partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core, key and supporting.
- StripecoreStripe integration syncs merchant data from Stripe Connect, incorporates transaction data into risk models, and automates actions. Coris is designed to complement Stripe Connect and close processor-specific gaps for platforms.
- AdyencoreAdyen integration syncs merchant data from Adyen (AfP), incorporates transaction data into risk models, and automates actions.
- TSYScoreTSYS integration enables risk teams to modernize underwriting and monitoring without changing payment processor rails.
- FiservcoreFiserv integration enables risk teams to modernize underwriting and monitoring without changing payment processor rails.
- SalesforcekeySalesforce integration creates cases and automates merchant outreach based on risk rules, with seamless data sync between platforms. Pulls merchant and opportunity data into underwriting and syncs risk decisions back automatically.
- IntercomsupportingIntercom integration creates cases and automates merchant outreach based on risk rules.
- SlacksupportingSlack integration delivers real-time risk alerts and case updates, coordinates reviews, and speeds up response across teams.
- Mastercard (MATCH)keyIntegration automatically screens merchants against Mastercard's terminated merchant database (MATCH) for compliance.
- EmailagesupportingEmailage integration provides comprehensive email metadata analysis on every merchant application for identity fraud prevention.
- ScamAdvisersupportingScamAdviser integration evaluates merchant website legitimacy and detects fraudulent online presence to prevent identity fraud.
- CreditsafekeyCreditsafe integration automatically pulls EU business credit data during onboarding, accesses full reports, and sets up continuous monitoring.
- AlloysupportingAlloy orchestration integration provides access to merchant intelligence and fraud models directly through the Alloy platform.
- TaktilesupportingTaktile orchestration integration provides access to merchant intelligence and fraud models directly through the Taktile platform.
- PACERkeyPACER integration automatically surfaces bankruptcy events on merchants and business owners during onboarding and ongoing monitoring.
- RedshiftsupportingRedshift integration connects data warehouse to combine platform data with Coris intelligence for custom risk rules and automation.
- SnowflakesupportingSnowflake integration connects data warehouse to combine platform data with Coris intelligence for custom risk rules and automation.
- ZendesksupportingZendesk integration creates cases and automates merchant outreach based on risk rules.
Scale indicators22 records
Recent moves6 records
Expansion highlights6 records
Coris competitors and assessment
Company assessmentDirect peers
- Alloy: Identity decisioning and risk orchestration platform serving banks, fintechs, and platforms. Comparable to Coris because both sit between SaaS/payments platforms and underlying identity, fraud, and compliance data sources to automate onboarding and ongoing risk decisions. Coris even lists Alloy as an integration partner, indicating overlapping customer and workflow reach.
- TruNarrative (Featurespace): Financial crime, KYC, and merchant onboarding risk platform for banks, lenders, and payment providers. Directly comparable to Coris as it addresses merchant onboarding risk and transaction monitoring workflows for the same financial-services buyer set, often via similar enterprise sales motion.
- Taktile: Decisioning orchestration platform for fintechs, lenders, and insurers. Comparable to Coris because both enable risk teams to automate underwriting and ongoing monitoring workflows through configurable decision logic and third-party data integrations. Coris lists Taktile as an integration partner, evidencing overlapping buyer and workflow scope.
- Sift: Digital trust and fraud prevention platform offering transaction monitoring, account defense, and content integrity for marketplaces, fintechs, and payment platforms. Comparable to Coris because it overlaps on payment fraud scoring and merchant/user risk scoring for platforms processing payments at scale.
Emerging players
- Persona: Identity verification and KYC orchestration platform used by fintechs, marketplaces, and vertical SaaS platforms. Comparable to Coris because both serve SaaS and fintech buyers automating identity/business verification during onboarding and ongoing risk workflows, though Persona focuses on consumer identity whereas Coris emphasizes merchant intelligence.
Broad incumbents
- Feedzai: Large, established financial-crime and fraud-detection platform serving global banks and payment processors. Comparable to Coris because it covers transaction monitoring and onboarding risk for the same buyer categories, but as a broader incumbent with a much larger customer base and product portfolio.
- Featurespace: Established AML and fraud-detection vendor, now the parent of TruNarrative. Comparable to Coris because it provides enterprise-scale risk analytics for banks and payments providers across onboarding, transaction monitoring, and ongoing risk, with significantly broader installed base and capital.
- Ekata (Mastercard Identity): Identity verification data and decisioning product owned by Mastercard, widely used by payments and fintech companies for merchant and consumer identity verification. Comparable to Coris because it provides commercial identity signals (similar to Coris' MerchantProfiler) that feed onboarding and underwriting workflows.
- Riskified: Public, established e-commerce fraud-prevention platform serving merchants and marketplaces. Comparable to Coris because both offer AI-driven transaction-fraud scoring, but Riskified focuses on consumer checkout fraud for merchants rather than merchant-level onboarding and portfolio risk for platforms.
Regional players
- NorthRow: KYC, AML, and merchant onboarding risk platform primarily serving UK and European financial institutions and payment providers. Comparable to Coris because it covers onboarding, ongoing monitoring, and case management workflows, though with stronger regional concentration than Coris' global footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Coris social profiles
Digital presenceCoris compliance and trust
Trust signalCompliance2 records
Coris financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coris leadership team
Management profileNumber of profiles
Profiles3 records
Coris funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coris M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coris
What does Coris do?
Coris sells an AI-native merchant risk platform that unifies merchant onboarding, underwriting, real-time transaction fraud scoring, and continuous portfolio monitoring for SaaS platforms with embedded payments, payment processors, ISOs, payfacs, sponsor banks, marketplaces, and lending companies. The platform is built on a proprietary AI Merchant Intelligence Network covering 330M merchants across 50+ countries, is delivered via a no-code portal and API, and is processor-agnostic across Stripe, Adyen, TSYS, and Fiserv.
Is Coris a public or private company?
Coris is a private company. It is classified as venture growth investor backed and is currently operating.
When was Coris founded?
Coris was founded in 2022. It employs 11 to 50 people.
Where is Coris based?
Coris is headquartered in Palo Alto, United States, in the North America region.
How does Coris make money?
One revenue line is on record: platform/SaaS Subscription.
Who are Coris's main competitors?
Direct peers on record are Alloy, TruNarrative (Featurespace), Taktile and Sift. Persona is listed as an emerging player. Broad incumbents are Feedzai, Featurespace, Ekata (Mastercard Identity) and Riskified. NorthRow is listed as a regional player.
Does Coris have an API?
Yes. Direct API access for merchant screening, onboarding, and monitoring workflows. Documentation available at the Coris developer portal (https://docs.coris.ai/). The API enables developers to build custom integrations and automate merchant risk workflows. Developer documentation is at docs.coris.ai/password?redirect=/docs.
What industry is Coris in?
Coris's product category is Merchant Risk Management Software. Its primary akta.pro industry code is FSAMABAI, Processor-Agnostic / White-Label Acquiring Platforms (Acquiring-as-a-Service), with a secondary code of BPAMAFAB, Merchant Acquiring & Processing Platforms. Its NAICS code is 522320 and its SIC code is 6200.