OnCorps AI, a Boston-based agentic AI platform designed specifically for fund operations, has raised $55 million in growth capital to enhance its services. The funding will enable the company to bolster product innovation, expand its market reach, and scale its infrastructure to accommodate a rapidly growing global clientele.
The funding round was spearheaded by Long Ridge Equity Partners, a private investment firm with a focus on the financial and business technology sectors. Established in 2007, Long Ridge manages over $1.75 billion in committed capital and has a history of backing successful growth companies in these areas, providing essential resources and capital to support strategic expansion.
As part of the investment agreement, Long Ridge Managing Partners Jim Brown and Kevin Bhatt will join the board of directors at OnCorps AI, further integrating the firm’s expertise into the company’s strategic direction.
Founded in 2011, OnCorps AI specializes in intelligent exception-resolution solutions tailored for asset managers and fund administrators. Its proprietary technology employs domain-trained AI agents to autonomously identify, investigate, and resolve discrepancies in reconciliation, fund accounting, and reporting workflows. The company’s offerings include AI-First Reconciliations, which automate data matching and review, and AI-First Reporting Reviews, which analyze financial reports to enhance accuracy and efficiency.
The newly acquired funds will play a crucial role in scaling OnCorps AI’s operations, particularly as demand for AI-driven solutions in financial workflows continues to grow. The company aims to leverage this investment to accelerate the development of its innovative tools and expand its market presence.
With this latest funding, OnCorps AI positions itself to better serve asset managers and fund administrators facing increasing pressures for accuracy and efficiency in financial operations. As the financial technology landscape evolves, the integration of advanced AI solutions into traditional workflows represents a significant shift, promising to streamline processes and reduce operational risks.
OnCorps AI’s commitment to enhancing fund operations through intelligent automation underscores the increasing relevance of AI in the finance sector. By continuing to innovate and expand its services, the company aims to become a pivotal player in the evolving landscape of financial technology.
As organizations seek to adopt more efficient operational methodologies, the demand for solutions like those offered by OnCorps AI is likely to increase. The firm’s ability to address the complexities of fund operations through AI-driven insights positions it well for future growth in a competitive market.
Funding Details:
Company: OnCorps LLC
Raised: $55.0M
Round: Growth Capital
Funding Date: December 2025
Lead Investor: Long Ridge Equity Partners
Company Website: https://www.oncorps.ai/
Software Category: AI Fund Operations / Financial Workflow Automation
As OnCorps AI continues to develop its capabilities, the company is set to play a crucial role in the transformation of fund operations, leveraging AI to redefine financial workflows for asset managers and administrators.
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