Arteria AI logo

Arteria AI

AIFinTechToronto, ON

Toronto enterprise documentation company spun out of Deloitte in 2020, where the product was known as dTrax. Sells a platform that generates contracts, extracts their data and manages documentation workflows for banks and financial institutions.

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About

Source: arteria.ai

The first version of Arteria was born inside of Deloitte. Arteria is headquartered in Toronto, Canada with operations in New York and London.

  • Federal corporation 1233469-1, incorporated under the CBCA on 2020-09-11, status Active, with its registered office at 152 King Street East, Suite 300, Toronto. ised-isde.canada.ca

  • Spun out of Deloitte in October 2020, where the contract lifecycle management software was known as dTrax. Deloitte continued as Arteria's preferred services partner. newswire.ca

  • Raised a US$30M Series B announced 2023-10-26, led by GGV Capital U.S. with Illuminate Financial, Information Venture Partners, BDC Capital and Citi. Reported elsewhere as C$46M — the same round. arteria.ai

  • States total funding of US$50M to date, a cumulative figure across all rounds rather than a single raise. arteria.ai

Products & Services

Company site: arteria.ai

Products Arteria AI publishes on its own site. Each card links to the page it was taken from.

Arteria Platform

Enterprise documentation platform

Company describes it as "A unified set of documentation capabilities for large scale FSI", built in four layers: a data layer with two-way flow to core systems, automated document generation, zero-shot models for on-the-fly extraction, and platform-based workflow.

Learn more

Funding & Investors

Announced rounds only, newest first. Undisclosed amounts are shown as undisclosed.

  1. Series B

    Oct 26, 2023

    Investors: GGV Capital U.S., Illuminate Financial, Information Venture Partners, BDC Capital, Citi

Total disclosed: US$30.0MLatest: Series B · Oct 26, 2023

Partnerships

Publicly announced partnerships.

Deloitte

At the 2020 spin-out, Deloitte was named Arteria AI's preferred services partner, with Deloitte LLP partners retaining an ownership stake in the new company.

Recent News

  1. Oct 26, 2023Funding

    Arteria AI announces US$30M Series B led by GGV Capital U.S.

    Arteria AI announced a US$30M Series B led by GGV Capital U.S. with Illuminate Financial, Information Venture Partners, BDC Capital and Citi, bringing total funding to US$50M. The release states the company is headquartered in Toronto with operations in New York and London.

  2. Oct 5, 2020Other

    Deloitte AI contract solution dTrax spins out as new company Arteria AI

    Deloitte announced that its contract lifecycle management software, formerly known as dTrax, was spinning out into a standalone Toronto company named Arteria AI, with Deloitte continuing as its preferred services partner.

People

Sourced from the company's own pages or announcements.

Shelby Austin

Founder and Chief Executive Officer

Abrar Huq

Co-Founder and Chief Client Officer

Jonathan Wong

Co-Founder and Chief Technology Officer

Technology Focus

Company site: arteria.ai

Terms the company uses about its own work.

Contract lifecycle managementDocument automationFinancial services

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