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Dec 11, 2025 8:00 AM

OnCorps AI Raises $55 Million to Scale Agentic Fund Operations For Asset Managers

BOSTON, Dec. 11, 2025 (GLOBE NEWSWIRE) -- OnCorps AI, a leading agentic AI platform for fund operations, has secured $55 million in growth capital from Long Ridge Equity Partners, a growth equity firm with deep experience in financial and business technology. The company will use the capital to accelerate product innovation, expand go-to-market teams, and scale infrastructure to support its rapidly growing customer base.

Founded in 2011, OnCorps AI delivers intelligent exception resolution for fund operations, primarily serving asset managers and fund administrators. Beyond detecting discrepancies in trade reconciliations and fund documentation, the platform autonomously investigates root causes, provides recommendations for issue resolution, and learns from patterns to prevent future breaks. 

"We've been running complex AI solutions in production for the world's largest asset managers for several years, giving us a meaningful advantage in delivering tangible returns from AI," said Bob Suh, Founder of OnCorps AI. "Every day, our systems close exceptions, reconcile trades, and oversee trillions in assets with high accuracy and low error rates. With Long Ridge's investment, we can expand these capabilities across the broader industry."

OnCorps' specialized AI agents are trained on millions of ...