We’re thrilled to back Salient cofounders @arimalik95 and Mukund Tibrewala as they streamline the complexities of consumer lending with AI. Millions of Americans have some form of consumer debt, but interacting with customer service often involves outdated, manual processes. Salient is building AI agents to handle routine workflows and borrower interactions across voice, text, email, and chat, lowering costs and improving the customer experience. The company has processed over $1B in transactions in two years, cut handling times by 60%, and is working with major financial services and banking institutions.
Ari Malik
Ari Malik28.7.2025
We raised $60M in Series A funding led by @a16z. We’re fixing loan servicing - one of the most broken, overlooked parts of financial services. It’s where the pain lives in lending, and no one’s solved it (until us). A big milestone for us and a moment to reflect:
Read more on why we’re leading their Series A from @arampell, @seema_amble, and @omooretweets:
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