# Inscribe AI: The AI company serving risk & ops teams in financial services Discover how Inscribe AI enhances accuracy in fraud detection, providing practical solutions to tackle modern challenges. Read the article to learn more. ## Key takeaways - Inscribe AI, founded in 2017 by Ronan and Conor Burke, leverages machine learning to enhance fraud detection and streamline manual review processes for financial institutions. - The company offers a range of AI-driven solutions, including document fraud detection, transaction categorization, and cashflow analysis, to improve efficiency in risk management. - Inscribe AI’s deployment of AI Risk Agents automates fraud detection and compliance monitoring, allowing risk teams to focus on more strategic tasks and reducing human error. ## Learn about the history and origin of Inscribe AI Inscribe AI emerged to tackle the inefficiencies and vulnerabilities in the manual review processes of banks and fintech companies. Founded in 2017, Inscribe AI leverages machine learning algorithms to analyze financial documents for signs of forgery, raising alerts for modifications or anomalies. This technology is particularly valuable in the fintech sector, where swift and accurate analysis of loan applications can significantly enhance fraud detection capabilities. Inscribe AI utilizes advanced machine learning models to flag and annotate suspicious documents automatically, proving indispensable for financial institutions. Analyzing large datasets and identifying patterns of fraudulent behavior that human analysts might miss showcases AI’s power and potential in financial services. ### Inscribe AI Co-Founders Ronan Burke and Conor Burke At the helm of Inscribe AI are twin brothers Ronan and Conor Burke. Their journey started with a vision to eliminate the tedious and error-prone manual review processes affecting financial institutions. Conor Burke, who serves as the CTO, was recognized as a Forbes ‘30 Under 30 Europe’ honoree in 2020, a testament to his innovative contributions to the field. Both brothers graduated from University College Dublin, where Conor earned a degree in Electronic Engineering before participating in the prestigious Y Combinator startup accelerator. ### Ronan Burke: Visionary Leader and Co-Founder Ronan Burke, as one of the driving forces behind Inscribe AI, plays a pivotal role in shaping the company's strategic direction. With a keen eye for innovation, Ronan has been instrumental in developing the solutions that address inefficiencies in manual fraud detection processes. His leadership ensures that Inscribe AI remains at the forefront of leveraging AI to transform risk management for financial institutions. Ronan's dedication to improving financial security through technology has been a cornerstone of Inscribe AI's success. ### Conor Burke: Technical Innovator and Co-Founder Conor Burke, serving as the Chief Technology Officer, is the technical mastermind behind Inscribe AI’s groundbreaking solutions. Recognized as a Forbes ‘30 Under 30 Europe’ honoree in 2020, Conor's contributions to the field of AI and machine learning are noteworthy. His expertise in electronic engineering, honed at University College Dublin, has been crucial in developing Inscribe AI’s advanced machine learning models. Conor’s commitment to innovation drives the continuous enhancement of Inscribe AI’s capabilities, ensuring the company leads in fraud detection and risk management. ### Inscribe AI investors Some of the most reputable investors in the tech industry support the vision of the Burke brothers. Inscribe AI has garnered support from investors who recognize the transformative potential of its technology. Threshold Ventures led a $25 million Series B funding round for Inscribe AI, reflecting significant investor interest in AI solutions for financial services. These investors have provided financial backing and strategic guidance to ensure continuous innovation and success for the company. ### Inscribe AI Careers Inscribe AI is more than just a tech company; it is a community that values diversity, inclusivity, and innovation. The company fosters a culture that embraces diverse perspectives, leading to greater innovation and a more fulfilling workplace. Inscribe AI offers comprehensive benefits, including healthcare, retirement plans, flexible work schedules, and volunteer time off, ensuring that employees feel supported in all aspects of their lives. Inscribe AI offers a collaborative and welcoming work environment focused on addressing meaningful challenges. The company encourages its team members to engage in both successes and failures, fostering a culture of continuous learning and improvement. ### Inscribe AI’s “Good Question” Podcast "Good Question" is a podcast by Inscribe AI that delves into topics such as large language models (LLMs), AI agents, and ChatGPT prompts, tailored specifically for fraud fighters and risk leaders. Each episode offers insightful discussions aimed at equipping professionals with the knowledge to navigate the evolving landscape of AI in fraud prevention. ### Inscribe AI Products & Solutions Inscribe AI’s suite of solutions is designed to address the multifaceted challenges faced by financial institutions in the realm of risk management. Inscribe AI offers a range of tools using advanced machine learning models to enhance the efficiency and accuracy of fraud detection, document parsing, transaction enrichment, cashflow analysis, and document collection. #### Document Fraud Detection from Inscribe AI Inscribe's AI-driven solutions are designed to detect sophisticated fraud attempts by analyzing document characteristics, identifying anomalies, and comparing documents against known legitimate and fraudulent templates. Their tools help businesses stay ahead of fraudsters by providing real-time detection and insights, thereby reducing the risk of financial losses and reputational damage. ### Future Innovations: AI Risk Workforce by 2030 Looking ahead, the future of AI in fraud management is bright. Inscribe AI’s algorithms are capable of learning from historical fraud patterns, allowing them to adapt and improve detection capabilities over time. The AI in fraud management market is projected to grow significantly, reaching around $57 billion by 2033, indicating a strong shift towards AI-driven solutions. ## Frequently Asked Questions ### Who are the founders of Inscribe AI? Inscribe AI was founded by twin brothers Ronan and Conor Burke. ### What does Inscribe AI do? Inscribe AI is a pioneering fraud detection and document automation platform that helps financial services companies and lenders authenticate documents, detect fraud, and automate document-intensive workflows. ### How does Inscribe AI work? Inscribe AI works by utilizing sophisticated computer vision, machine learning algorithms, and large language models to analyze documents at a pixel level, identifying signs of manipulation or forgery that might be invisible to the human eye, as well as corroborate applicant information across documents and via external sources like web and database searches. ### What future markets is Inscribe AI planning to explore beyond fintech lenders? Inscribe AI is set to expand into enterprise banks, traditional lenders, larger companies, the insurance sector, and other marketplaces such as Uber and Airbnb. ### How much funding did Inscribe AI raise in its recent funding round? Inscribe AI recently raised $10.5 million in funding as part of a larger $25 million Series B round led by Threshold Ventures.