Toronto enterprise documentation company spun out of Deloitte in 2020, where the product was known as dTrax. Sells a platform that generates contracts, extracts their data and manages documentation workflows for banks and financial institutions.
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The first version of Arteria was born inside of Deloitte. Arteria is headquartered in Toronto, Canada with operations in New York and London.
Federal corporation 1233469-1, incorporated under the CBCA on 2020-09-11, status Active, with its registered office at 152 King Street East, Suite 300, Toronto. ised-isde.canada.ca
Spun out of Deloitte in October 2020, where the contract lifecycle management software was known as dTrax. Deloitte continued as Arteria's preferred services partner. newswire.ca
Raised a US$30M Series B announced 2023-10-26, led by GGV Capital U.S. with Illuminate Financial, Information Venture Partners, BDC Capital and Citi. Reported elsewhere as C$46M — the same round. arteria.ai
States total funding of US$50M to date, a cumulative figure across all rounds rather than a single raise. arteria.ai
Acquired certain financial services business assets of H4, a contract lifecycle management platform, in December 2021. arteria.ai
Products Arteria AI publishes on its own site. Each card links to the page it was taken from.
Enterprise documentation platform
Company describes it as "A unified set of documentation capabilities for large scale FSI", built in four layers: a data layer with two-way flow to core systems, automated document generation, zero-shot models for on-the-fly extraction, and platform-based workflow.
Learn moreAnnounced rounds only, newest first. Undisclosed amounts are shown as undisclosed.
Oct 26, 2023
Investors: GGV Capital U.S., Illuminate Financial, Information Venture Partners, BDC Capital, Citi
Jun 1, 2022
Investors: Citi SPRINT, BDC Capital, Information Venture Partners, Illuminate Financial, StandUp Ventures, Golden Ventures
Publicly announced partnerships.
At the 2020 spin-out, Deloitte was named Arteria AI's preferred services partner, with Deloitte LLP partners retaining an ownership stake in the new company.
Partnered to bring enterprise-grade digital documentation to community banks and credit unions, integrating Compliance Systems' deposit and lending content with Arteria's platform.
Partnered with SIFMA to give all US Treasury clearing participants a data-driven documentation platform for onboarding and legal-compliance workflows under new mandatory central-clearing rules.
Partnered to launch Deal Flow, a content-modification and deal-management integration for commercial loan documentation aimed at regional and community financial institutions.
Arteria AI announced a US$30M Series B led by GGV Capital U.S. with Illuminate Financial, Information Venture Partners, BDC Capital and Citi, bringing total funding to US$50M. The release states the company is headquartered in Toronto with operations in New York and London.
Deloitte announced that its contract lifecycle management software, formerly known as dTrax, was spinning out into a standalone Toronto company named Arteria AI, with Deloitte continuing as its preferred services partner.
Sourced from the company's own pages or announcements.
Shelby Austin
Founder and Chief Executive Officer
Abrar Huq
Co-Founder and Chief Client Officer
Jonathan Wong
Co-Founder and Chief Technology Officer
Terms the company uses about its own work.
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