Pints AI, a Singaporean enterprise AI startup, has successfully raised US$5.6m (S$7.2m) in a pre-Series A funding round led by Tin Men Capital, with participation from SBI Ven Capital, SEEDS, NTUitive, SUTD Venture Fund, and Tenity. The funds will be used to expand into the Asia-Pacific (APAC) and Middle East markets, and to develop Autothought Studio, a toolset enabling financial institutions to build and manage AI applications internally.
The startup’s platform, Autothought, is designed to automate processes like underwriting and claims within banks and insurers, whilst ensuring compliance with regulatory audit trails. Over the past two years, it has helped 12 financial institutions across Singapore, India, Hong Kong, and the United States save a combined US$10m (S$13m), with significant reductions in underwriting and onboarding times.
Pints AI’s approach addresses the challenges many regulated institutions face in deploying AI, particularly the need for traceable and defensible AI-assisted decisions. CEO Partha Rao emphasised, “The real value of AI in financial services will be determined by how deeply it can operate within the core systems and infrastructure limits of a bank or insurer.”
The investment aligns with Singapore’s national AI agenda, which includes a S$37b investment in frontier technology development by 2030. This funding will support Pints AI’s efforts to enhance regulatory governance capabilities and expand its engineering team, positioning the company to meet the compliance demands of financial institutions in new markets.
