Serial fintech entrepreneur David Sosna secures $10M to reinvent relationship banking with AI
Sosna's new startup Sympera AI aims to help banks better serve SMBs.
Fintech startup Sympera AI has raised $10 million in a Seed funding round co-led by Nyca Partners and Viola Ventures. The startup aims to revolutionize relationship banking by deploying artificial intelligence to help banks better serve small and medium-sized businesses (SMBs), a sector often overlooked by traditional banking models.
Sympera was founded by David Sosna, a seasoned entrepreneur in banking technology, and CTO Daniel Gordon, a specialist in artificial intelligence research. Sosna founded Personetics in 2011 with David Govrin, with the two previously selling their startup Actimize to NICE for $200 million in 2007.
The funding highlights growing investor confidence in AI-driven financial services at a time when banks are under pressure to enhance efficiency while maintaining personalized client relationships. Relationship managers (RMs) are traditionally tasked with nurturing client interactions, but many focus on high-net-worth customers, leaving smaller businesses underserved. Sympera AI’s solution promises to address this imbalance by using AI agents to analyze data, prioritize clients, and support RMs in identifying and acting on key opportunities.
Business banking generates approximately $150 billion annually in the U.S., accounting for 17% of total banking revenue, according to McKinsey & Co. Yet, despite its significance, many SMBs struggle to access tailored financial services due to limitations in how banks allocate relationship management resources. Sympera AI seeks to bridge this gap by leveraging AI to replicate the expertise of top-performing RMs, augmenting their capabilities with both internal and external data.
"AI has the power to transform relationship banking, and we're working with clients to turn that potential into real growth," said David Sosna, founder and CEO of Sympera AI.
