(Image source: Fisent Technologies website.)
Fisent Technologies (Toronto) has raised $4.3 million in a venture round led by FINTOP (Nashville, Tenn.).
Adrian Murray, Founder and CEO, Fisent.
The round brings Fisent’s total capital raised to $6.3 million, according to a Fisent statement. Pegasystems, a previous strategic investor, also participated in the round. As part of the transaction, John Philpott, Partner, FINTOP, will join Fisent’s Board of Directors.
Fisent says it will use the funding to expand its enterprise go-to-market team, strengthen customer enablement and deployment engineering capabilities, and accelerate product development. The company also plans to broaden distribution through workflow and technology partners, building on its relationship with Pega.
Fisent provides applied GenAI process automation technology for regulated enterprises, including organizations in banking, insurance and wealth management. Its BizAI software is designed to process unstructured content within enterprise workflows, enabling customers to automate work that has historically depended on manual review and expert judgment.
“Enterprises are moving beyond AI experimentation and choosing the capabilities they can trust to operate at scale,” comments Adrian Murray, Founder and CEO, Fisent. “Our customers are expanding BizAI across business functions because it delivers reliable outcomes within the systems and controls they already have.”
Fisent recently launched BizAI Studio, a self-service portal designed to let non-technical teams build, deploy and refine end-to-end automation workflows without relying on IT departments for those processes.
Deploying AI in Large Enterprises Remains Difficult
John Philpott, Partner, FINTOP.
The company says the investment follows enterprise growth during 2025 and 2026. Fisent reports that it secured its first Fortune 50 customer in 2026 and is on track to add several more by year-end. The company also reports 206 percent year-over-year revenue growth in 2025, 173 percent net revenue retention and zero customer churn for the third consecutive year.
“AI software is becoming easier to build, but deploying, governing, and improving it inside a complex enterprise remains difficult,” comments Philpott. “Fisent has differentiated itself through production performance, hands-on enterprise enablement, expansion within large customers and a strong partner-led distribution model.”
FINTOP is a venture capital firm founded by fintech entrepreneurs and operators and focused on companies serving financial services. The firm says its limited partner network includes about 100 banks and financial services companies.