The Toronto startup's platform helps enterprises deploy and govern AI, particularly in insurance and healthcare. It will use the funds to expand its go-to-market team and accelerate product development. Revenue grew more than 200 percent last year.
Fisent, founded in 2021, calls this its first priced venture round after raising $2 million USD previously. The company claims a Fortune 50 client and uses generative AI to organize data with confidence scoring and citations.