Hapax builds a financial-services–specific AI trained on 13 years of proprietary data via an exclusive partnership with CBANC. Its dataset includes more than 20,000 documents, 10,000+ hours of video, and 230,000+ banker conversations, which the company says makes its LLM fit-for-purpose and difficult to replicate. The product delivers validated answers with citations and generates usable assets and complex decisioning tailored to banks. Hapax is currently in beta with more than 20 banks, including Capra Bank and American Bank of Commerce; early users report relying on it for multiple hours each workday and asking it dozens of questions. Initial usage is concentrated on compliance, with additional adoption across marketing, internal communications and policies, and vendor vetting. The company frames its mission as closing information-access gaps between large and small banks to reduce reliance on expensive consultants and guesswork. Recently Hapax closed just over $2.6 million in funding led by RHS Investments and added Hank Seale as board chairman.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2024