Platform allows agents to build autonomous financial systems with guaranteed correctness
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
NEW YORK — Fragment, an AI-enabled financial infrastructure startup, raised $12 million to help vertical AI businesses automate their customers’ financial operations. Firstmark led the financing with participation from BoxGroup.
“Fragment is automating commerce. Our approach is to build the financial system of the future: a new super-material that agents can build, run, and adapt to any way of doing business,” said Thomas Neckel, co-founder and CEO of Fragment.
With customers like Ramp, BILL and Whop, Fragment has emerged as the best way to build ambitious fintech software. And because Fragment enforces financial correctness, agent hallucinations and invalid transactions are impossible.
Get the latest headlines, breaking news and columns.
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
A welcome email is on its way. If you don't see it, please check your junk folder.
The next issue of Top Stories will soon be in your inbox.
We encountered an issue signing you up. Please try again
“Fragment gives engineers financial superpowers: a harness with the awareness, controls, and correctness to build and run internet scale financial systems,” said Adam Nelson, Partner at FirstMark.
Fragment is led by co-founder and CEO Thomas Neckel with Varun Mohan, CTO, leading product and engineering. Fragment’s Series A brings total funding to $23 million. The company is headquartered in New York and is actively hiring across GTM and engineering.
About Fragment
Fragment gives agents financial superpowers. Vertical AI companies use it to automate their customers’ billing, payments and accounting. Fragment is based in New York. Learn more at fragment.dev.
Contacts
Media Contact
Annica Benning | press@fragment.dev
Join the Conversation
This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.