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firstAI

firstAI

firstAI is an artificial Intelligence company that extracts data from contracts, founded by Shaheen Kanda.

firstAI is a company that uses artificial intelligence to extract data from contracts from leveraged finance and CMBS. The company was founded in 2016 by Shaheen Kanda, in New York, United States.



The focus of firstAI is to utilize collective artificial intelligence to create customizable datasets, evaluate risk, and to analyze complex contracts for financial purposes. Their software also allows for team collaboration and data extraction. The company has developed proprietary machine learning algorithms to work with leading financial institutions.



The company is affiliated with companies such as Techstars and Innovation Lab, as the CEO is an alum of the two firms. firstAI was originally known as Syndicated Load Direct.



firstAI raised an undisclosed amount in seed money from Barclays Accelerator, powered by Techstars, London, and Techstars in 2015. In 2016, the company raised $1,435,000 in Convertible Note from Frank Sica and VicaStream Ventures. $2,000,000 in seed was raised by firstAI from Frank Sica in 2017.

Timeline

October 1, 2017

firstAI raised $2,000,000 from Frank Sica

July 29, 2016

firstAI raised $1,435,000 from Frank Sica and ValueStream Ventures

June 1, 2015

firstAI raised an undisclosed amount from Barcalys Accelerator, powered by Techstars, London

People

Name
Role
LinkedIn

Paul Cucurullo

Director of Sales



Shaheen Kanda

Founder, CEO



Sinan Gul

Executive Director of Research and Development



Further reading

Title
Author
Link
Type
Date

firstAI



Web



Documentaries, videos and podcasts

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Date
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Companies

Company
CEO
Location
Products/Services

firstAI

Shaheen Kanda

New York, United States

Artificial Intelligence services for financial contracts

References