OnCorps, Inc.

About OnCorps, Inc.

OnCorps, Inc., operating as OnCorps AI, is a Boston-based company founded in 2011 by Bob Suh, who currently serves as CEO. The firm specializes in providing an agentic AI platform tailored for the financial services industry, focusing on automating and resolving exceptions in fund operations for asset managers and fund administrators. Suh's extensive background, which includes roles as Chief Technology Strategist at Accenture and President of Consulting at Dell, along with a Master's from Harvard Kennedy School with a focus on economics and quantitative analysis, has shaped the company's direction.

The company's business model centers on delivering fully managed AI solutions that integrate with clients' legacy systems, often deploying complex systems in under 100 days without requiring external consulting fees or internal technical support from the client. OnCorps generates revenue by providing these specialized AI services and platforms to clients managing trillions in assets. The company has received significant financial backing, including a $55 million growth capital round led by Long Ridge Equity Partners in December 2025 and a Series B round led by Guggenheim Investments in March 2022. Prominent investors also include Andreessen Horowitz.

OnCorps AI's platform leverages a combination of machine learning, behavioral science, and domain-trained AI agents to enhance operational efficiency. Its core products include "AI-First Reconciliations" and "AI-First Reporting Reviews." The reconciliation tool automates data matching, review, and investigation of discrepancies in areas like trade reconciliations and OTC derivatives. The reporting review solution automates the analysis of financial reports, improving accuracy and consistency. These systems are designed to detect anomalies, investigate root causes, recommend resolutions, and learn from patterns to prevent future issues, reportedly reducing labor costs and review times significantly for clients like PIMCO and Natixis Investment Managers. The platform's security is validated by SOC1 and ISO 27001 certifications. This has earned OnCorps accolades such as the 2019 NICSA NOVA Award and the 2019 Fintech Breakthrough Award for best banking infrastructure software.