Ramp Raises $1.85 Billion at $60 Billion Valuation
Oct 15, 2026
Funding
Ridero raises $2.7 million for AI vehicle financing platform
Nov 9, 2026
Ridero has raised $2.7 million in pre seed funding to develop its AI platform for flexible vehicle financing.
Ridero raised $2.7 million in pre-seed funding, the company announced in a press release. RiverPark Ventures, NY Ventures, Green Egg Ventures, Blackpoint Capital and Potamkin Ventures backed the financing.
Ridero provides financial infrastructure that helps lenders and automotive retailers offer new and used vehicle leasing and balloon financing. Its platform uses AI for deal structuring and risk analysis, while automating connections with lenders.
The technology is in use at dealerships across the Northeast and Southern United States. Ridero also partners with Auto Financial Group and integrates with Tekion. The company will use the funding for product development, institutional partnerships and team growth.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Finance AI Weekly, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Finance
Nov 9 Glia passes $100 million in annual recurring revenue while cash-flow positive Nov 8 RBA's Sarah Hunter: AI's near-term effect is more demand and inflation pressure, productivity gains still to show Nov 7 Firmly raises $15 million Series A with JPMorgan Payments and Mastercard to connect merchants to AI shopping agents Nov 7 JPMorgan Chase signs OpenAI deal to use Codex and cybersecurity models Nov 7 Microsoft says Cambodia-based Storm-3358 uses ARTEX agents against financial firmsMore from Funding
Nov 9 Vanta to acquire Israeli AI security startup Pillar Security for about $150 million Nov 9 Blackletter raises $6 million, led by Lerer Hippeau, for an AI-native law firm doing M&A and finance work Nov 9 Snapp raises $4.6M from a16z Speedrun and others for real-time sports AI Nov 9 Morningstar puts Anthropic's fair value at $1.7 trillion ahead of its IPO Nov 9 Coframe raises $25 million Series A, co-led by Khosla, for AI that rebuilds websites and ads as it tests themFree newsletter
Finance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
The Hackett Group
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
URobotics Raises $30 Million for Autonomous Mobility AI
Nov 06, 2026
Funding
Vectorial Raises $3 Million for AI Consumer Simulations
Oct 20, 2026
Funding
RevRag AI Raises $2.5 Million for Financial Services Agents
Oct 14, 2026
Funding
Roleo raises €2.9 million for AI career agent
Nov 02, 2026
Funding
Rulen raises €1.8 million for AI tax and accounting platform
Oct 21, 2026
Funding
Free, six days a week
Daily AI Brief: the AI news that matters, in your inbox.