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§ Private Profile · London, England, United Kingdom
Vitt is a technology company.
Vitt delivers financial solutions enhancing business liquidity and capital efficiency. Offering non-dilutive financing, it allows SaaS companies to convert recurring revenue into immediate working capital. Vitt also enables businesses to invest idle cash into Money Market Funds, managed by leading asset management firms, optimizing treasury operations and generating returns. This dual approach provides flexible capital options and maximizes the utility of corporate reserves.
Founded in London in 2021 by Saket Kumar and Gregory Janik, Vitt emerged from a clear market insight. They observed high-growth companies lacked flexible, non-dilutive funding and efficient cash management. Their vision created a platform to bridge these financial gaps, offering innovative alternatives for modern enterprises. The founders' understanding of these specific challenges shaped Vitt's core product offerings.
Vitt serves SaaS companies needing growth capital without equity dilution, and businesses maximizing returns on idle cash via secure investments. Its mission is to modernize financing and treasury, empowering clients with strategic capital management. Vitt fosters sustainable growth and operational efficiency through intelligent, accessible financial solutions, aiming to redefine how businesses manage and access capital.
Vitt has raised $16.0M across 2 funding rounds.
Vitt has raised $16.0M in total across 2 funding rounds.
Vitt has raised $16.0M across 2 funding rounds. Most recently, it raised $1.0M Seed in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2023 | $1M Seed | — | Andreessen Horowitz, CoinFund, Creandum, Picus Capital, Samaipata, Speedinvest, Hugo Arevalo | Announced |
| Jan 1, 2022 | $15M Seed | Better Tomorrow Ventures, Speedinvest | 2050 Capital, 7percent Ventures, Creator Fund, Mercuri, Passion Capital, Presight Capital, Valar Ventures, Francesco Simoneschi, Jeff Carter, Jeremy YAP, Mato Peric, Aidan Corbett, Charles Delingpole, Daniel Khachab, Phillip Chambers, Entrepreneur First, Village Global, Zayn Capital | Announced |
Vitt has raised $16.0M in total across 2 funding rounds.
Vitt's investors include Andreessen Horowitz, CoinFund, Creandum, Picus Capital, Samaipata, Speedinvest, Hugo Arevalo, Better Tomorrow Ventures, 2050 Capital, 7percent Ventures, Creator Fund, Mercuri.
# Vitt: A Technology Company Overview
Vitt.ai is a generative AI company serving the financial services industry, operating as what it describes as "FinanceGPT."[1] The company builds AI-powered products specifically designed for banking, financial services, and insurance (BFSI) clients, with a focus on transforming customer engagement and sales operations through conversational AI technology.[1][3]
The company serves large financial institutions in India, including HDFC, ICICI Lombard, and Aditya Birla Finance.[1] Vitt.ai's core offering is a real-time call assistant for front-line sales teams that listens to live client calls and provides guidance to sales executives.[4] The platform is fine-tuned on over 20 million proprietary training examples and claims to handle financial queries—spanning banking, insurance, and investment—with nearly 100% accuracy while avoiding hallucinations.[1]
Vitt.ai was founded in 2017 by Bibhuti Anand and two college batchmates with the explicit mission to apply AI in finance.[1] Anand brought substantial domain expertise to the venture, having spent six years in fintech roles at PwC and Infosys before launching the startup.[1] The founding team recognized an opportunity to leverage generative AI to solve real problems in financial services—specifically, enhancing how banks and financial firms engage with customers and guide their sales teams.
The company emerged during the early wave of AI adoption in enterprise software, positioning itself at the intersection of conversational AI and financial services, where accuracy and regulatory compliance are paramount.
Vitt.ai operates within the broader enterprise AI and financial technology transformation trend. As banks and financial services firms face pressure to modernize customer interactions and improve sales productivity, AI-powered solutions that can handle complex financial queries with high accuracy address a critical market need.
The company's focus on eliminating hallucinations—a key limitation of general-purpose LLMs—reflects the financial services industry's demand for trustworthy AI. By building domain-specific models rather than relying on generic foundation models, Vitt.ai positions itself in a growing category of vertical AI solutions tailored to regulated industries where accuracy directly impacts compliance and customer trust.
The timing is significant: as large financial institutions accelerate digital transformation and seek to automate customer service and sales operations, specialized AI tools that understand financial products and regulatory constraints become increasingly valuable.
Vitt.ai is well-positioned to capture market share in the financial services AI space, particularly across India's growing BFSI sector. The company's early traction with marquee clients like HDFC and ICICI Lombard validates demand for its specialized approach.
Looking ahead, Vitt.ai's growth will likely depend on expanding beyond India into global markets, deepening integration with banking platforms, and potentially broadening its use cases beyond sales assistance into customer service, compliance, and advisory functions. As financial institutions increasingly adopt AI, companies that can deliver accuracy, regulatory compliance, and seamless integration—rather than generic chatbots—will define the next generation of fintech infrastructure.