{"version":"1.0","type":"card","id":"d99dc62c-b2c9-4c91-b732-a8370e36f909","url":"https://stacklist.com/card/d99dc62c-b2c9-4c91-b732-a8370e36f909","title":"Ellis left stealth with more than $10M led by First Round to rebuild private-credit ops","source_url":"https://techcrunch.com/2026/07/31/repeat-founder-ryan-williams-raises-10m-seed-for-an-ai-startup-for-private-credit-managers/","note":"Emerged from stealth on July 30 with more than $10M in seed funding led by First Round Capital, with 645 Ventures, Harlem Capital, Khosla Ventures, Slow Ventures, Wilshire Lane, Westbound, Collide Capital and Gallery Ventures participating alongside angels including Mellody Hobson, Josh Kushner and Immad Akhund. Founder Ryan Williams previously co-founded the real estate investment platform Cadre. The product uses AI agents to consolidate the documents, spreadsheets and correspondence private credit managers currently reconcile by hand into a single operating record - the asset that gets more valuable as inference gets cheaper.","image":{"url":"https://ucarecdn.com/19fbd7a2-873f-4236-b03c-c9275a121abc/","alt":"Ellis left stealth with more than $10M led by First Round to rebuild private-credit ops","width":1200,"height":616},"stack":{"id":"b29a0779-37ee-4177-95ec-7026903a8847","title":"Signals Served #022 - The Price Stopped Being a Cost","url":"https://stacklist.com/c/finance/stack/b29a0779-37ee-4177-95ec-7026903a8847"},"created_at":"2026-08-04T01:47:29.887Z","updated_at":null,"aco":{"summary":"Ellis AI emerged from stealth with $10 million in seed funding led by First Round Capital to build an AI-powered platform that centralizes and automates fragmented workflows for private credit managers. Founded by Ryan Williams, co-creator of real estate platform Cadre, Ellis uses AI agents to connect existing systems, flag data discrepancies, and assist with tasks like portfolio monitoring and month-end reporting while keeping humans in the loop.","tags":["ai-agents","private-credit","fintech","seed-funding","startup","venture-capital","workflow-automation"],"key_entities":[{"name":"Ellis AI","type":"organization","confidence":1},{"name":"Ryan Williams","type":"person","confidence":1},{"name":"First Round Capital","type":"organization","confidence":0.99},{"name":"645 Ventures","type":"organization","confidence":0.97},{"name":"Harlem Capital","type":"organization","confidence":0.97},{"name":"Khosla Ventures","type":"organization","confidence":0.97},{"name":"Thrive Capital","type":"organization","confidence":0.97},{"name":"Slow Capital","type":"organization","confidence":0.95},{"name":"Kearny Jackson","type":"organization","confidence":0.95},{"name":"Ariel Alternatives","type":"organization","confidence":0.95},{"name":"Mellody Hobson","type":"person","confidence":0.97},{"name":"Cadre","type":"organization","confidence":0.98},{"name":"Josh Kushner","type":"person","confidence":0.93},{"name":"Jared Kushner","type":"person","confidence":0.93},{"name":"Yieldstreet","type":"organization","confidence":0.96},{"name":"private credit","type":"concept","confidence":0.98},{"name":"AI agents","type":"technology","confidence":0.97},{"name":"Dominic-Madori Davis","type":"person","confidence":0.9},{"name":"TechCrunch","type":"organization","confidence":0.95}],"classification":"analysis","language":"en","confidence":0.85,"provenance":{"model":"claude-sonnet-4-6","tool":"@stacklist/mcp-server@2.0.0","confidence":0.85,"timestamp":"2026-08-04T01:47:39.816Z"},"token_counts":{"approximate":861,"cl100k":715},"content_hash":"sha256:4375eb516f3897f63bdbd2561ad491bfebe6f5e94604dd644bbd043e36b87d0a","acp_version":"0.2","body_available":true,"body_tokens":861,"visibility":"public","agent_accessible":true,"status":"final"},"_links":{"self":"/api/public/card/d99dc62c-b2c9-4c91-b732-a8370e36f909.json","html":"https://stacklist.com/card/d99dc62c-b2c9-4c91-b732-a8370e36f909","md":"/api/public/card/d99dc62c-b2c9-4c91-b732-a8370e36f909.md","stack_json":"/api/public/stack/b29a0779-37ee-4177-95ec-7026903a8847.json"}}