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Poetic Secures $50M from OpenAI and Kleiner Perkins for Automating Regulated Finance Workflows

automating regulated finance workflows

Poetic, an AI startup focused on automating regulated finance workflows, has emerged from stealth with $50 million in Series A funding. The investment round, led by Kleiner Perkins with participation from OpenAI and Founders Fund, values the company at $500 million. Formerly known as Forge, the startup specializes in handling sensitive back-office tasks such as insurance underwriting, fraud investigations, and compliance checks that typically require high levels of precision.

The company is addressing a critical gap in the enterprise market where standard autonomous agents often struggle with reliability. To solve this, Poetic developed a proprietary programming language designed for natural language workflows. This technical foundation allows for deterministic execution, ensuring that AI processes follow strict corporate procedures without the unpredictability often associated with large language models. This approach to automating regulated finance workflows has already attracted major clients, including SoFi, AIG, and Chime.

Strategic Impact on Financial Services

The efficiency gains reported by early adopters suggest a significant shift in how financial institutions manage risk and operations. At SoFi, Poetic reached a quality rate of over 99% while executing fraud investigations within just five weeks of deployment. This level of accuracy is essential for automating regulated finance workflows, where errors can lead to substantial legal and financial liabilities. By ingesting a firm's specific procedures and running them end-to-end, the platform reduces the need for manual oversight in repetitive but high-stakes tasks.

The startup's financial performance highlights the scalability of its lean operational model. Despite having only four employees in 2025, Poetic reached an eight-figure revenue run rate. This efficiency is a result of its focus on high-value enterprise processes where the software can save organizations tens of millions of dollars. The involvement of OpenAI as an investor further signals the strategic importance of specialized, reliable agents in the broader AI ecosystem.

The Shift Toward Deterministic AI

The move toward automating regulated finance workflows reflects a broader industry trend where businesses prioritize reliability over general-purpose capabilities. While generative AI has excelled at creative and conversational tasks, the financial sector requires systems that can guarantee specific outcomes. Poetic's use of a dedicated programming language provides the guardrails necessary for these institutions to trust AI with core business logic.

Founded by Markie Wagner, a former engineer at Google and Waymo, the company is positioned to expand its reach across the financial services sector. As of 2026-06-11, the startup is leveraging its new capital to scale its operations and further refine its automation platform. The successful Series A round indicates strong investor confidence in the demand for AI solutions that combine the flexibility of natural language with the rigor of traditional software engineering.

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