We’re excited to share that EnFi has raised a $15M Series A round, bringing total funding to $22.5M. Led by FINTOP as a new investor, the round also brought in Patriot Financial Partners and Commerce Ventures, with existing investors Unusual and Boston Seed Capital participating as well.
At Unusual, we talk a lot about workforce transformation — not in the vague “AI will change everything” way, but in the very specific way that matters to operators: what work gets done, who does it, and how outcomes improve when capacity is the bottleneck. In commercial lending, capacity is the bottleneck.
Credit teams are facing a structural talent shortage. Institutions spend enormous amounts on credit labor, yet thousands of analyst roles remain unfilled. The result is a brutal set of tradeoffs: slow down loan processing and lose share, lower underwriting standards and increase risk, or stretch existing teams until burnout becomes the norm.
EnFi’s insight is that lenders don’t just need better tools — they need more credit capacity. EnFi is building an AI-native platform that deploys agents to complete end-to-end commercial lending workflows, from screening through portfolio monitoring, across the full spectrum of commercial credit types. Their agents are designed to become productive in 60–90 days, acting as virtual co-workers that expand the output of credit teams while strengthening risk oversight.
This is why we led EnFi’s seed round in 2024 — we believed then (and believe even more strongly now) that the winners in financial services won’t be the ones who simply “add AI” to a workflow. They’ll be the ones who use AI to rebuild the operating model of critical functions from the ground up.
Congratulations to Josh, Scott, Michelle, and the entire EnFi team — and to the partners joining this next chapter. We’re proud to continue supporting you as you scale the AI credit workforce.
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