Salient ARR Hits $14M+

Salient, an AI startup founded in 2023 by Ari Malik and Mukund Tibrewala, has rapidly scaled to an annual recurring revenue (ARR) of over $14 million and achieved cash‑flow positivity just 18 months after graduating from Y Combinator. The company’s AI-driven loan servicing platform has already processed over $1 billion in transactions, with the team of under 20 employees handling around 400,000 borrower interactions per day.

Salient’s flagship product automates downstream consumer lending workflows using conversational AI agents across voice, text, email, and chat, along with compliance monitoring and fraud detection tools. The platform addresses costly, manual processes in loan servicing—automating routine borrower interactions, regulatory checks, and dispute management—resulting in a 60% reduction in handling time and measurable cost savings for lenders like Westlake Financial, American Credit Acceptance, and other major auto‑lenders.

On the funding and company metrics front, Salient closed a $60 million Series A round led by Andreessen Horowitz in July 2025, raising its valuation to approximately $350 million, with participation from Matrix, Y Combinator, and Michael Ovitz.

The startup claims to have processed over $1 billion in loan payments, identified more than 35,000 compliance violations, flagged $30 million in fraud attempts, and touched over 2 million U.S. consumers through its platform—all powered by OSS LLMs like LLaMA 2 and vLLM.