AI-native operating foundation for private credit -- reconciling fund-admin, ledger, loan-servicing, and legal data.
Ellis (Ellis AI) is a New York-based, AI-native operations platform for private credit, building one reconciled, source-verifiable data foundation across fund-administrator outputs, general ledgers, loan-servicing systems, bank data, and legal documents. Founded by repeat founder Ryan Williams (who previously built Cadre, an institutional alternatives platform that facilitated ~$6B in transaction value), Ellis emerged from stealth on July 30, 2026 with a $10M+ seed round led by First Round Capital (with 645 Ventures, Harlem Capital, Khosla Ventures, Thrive Capital, Slow Ventures, Kearny Jackson, and Ariel Alternatives' Mellody Hobson). Design partners include Treville Capital Group, with a network representing $50B+ in AUM.
FinTech📍 New York, NYFounded 2025
Current Valuation
Private
PRIVATE
IPO Outlookprivate
Is Ellis going public?
No. Ellis is private and has not filed to go public. There is no S-1 on file.
What is Ellis' valuation in 2026?
No confirmed valuation is on record for Ellis. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Ellis filed an S-1?
No public S-1 is on file for Ellis.
Who are Ellis' investors?
Ellis' investors include First Round Capital, 645 Ventures, Harlem Capital, Khosla Ventures, Thrive Capital, Slow Ventures and 2 more.
Can you buy Ellis stock?
No. Ellis is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Ellis on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Seed — $10M (Jul 2026) · Lead: First Round Capital
IPO Status
private
Fundraising Status
Seed · $10M · 2 mo ago
privateTotal raised $10M1 disclosed rounds
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Seed
$10M
Jul 2026
First Round Capital
—
Vertical Intelligence — AI / ML
No verified Hugging Face organization found for Ellis — no attributable open-model footprint. Closed-weights labs are common; this is a distribution signal, not a capability judgment.
Checked huggingface.co as of 2026-09-19. Re-checked weekly.
Talent Signal
Hiring trend
▼ Hiring downtrend
-58% vs 2026-08
Open roles
14
via greenhouse
Product-build share
21%
engineering, research, product, design
Trajectory
tightening
go-to-market push — Only 21% of open roles build product — hiring is concentrated in sales/marketing/ops (9 of 14 open roles are other).
Open roles trending down; no tracked executive churn.
Counted from Ellis's live job board as of 2026-09-14; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Ryan Williams
Investors
First Round Capital · 645 Ventures · Harlem Capital · Khosla Ventures · Thrive Capital · Slow Ventures · Kearny Jackson · Mellody Hobson
Products
AI-native reconciled data foundation for private credit
Automation across fund-admin, GL, loan-servicing, bank data, and legal documents
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of recent date. Refreshed quarterly.