The AI Engine for Auto Finance

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The Problem We Solve

Karus has built machine learning models that more accurately predict the solvency of an auto borrower. Our data science work clearly shows that:

  • Auto lenders have focused on loan level and investment level structure techniques to reduce risk, rather than accurately pricing the borrower.
  • At the loan level, lenders use levers like higher APR’s or a reliance on recoveries from the underlying collateral to mitigate risk.
  • At the investment level, securitizations and subordinate credit tranches are created to limit risk.

Karus is mitigating risk by truly understanding how the borrower will perform with their auto debt.

Our Products

Karus AI Powered Auto Lending

Karus enables institutions to offer competitive funding on retail auto purchases and refinancings. Through our extensive dealer network, auto borrowers are sourced and scored using Karus’ proprietary machine-learning decisioning tool.

Our credit models, which have been trained on millions of borrowers and vehicles, open up financing opportunities for subprime and nearprime cohorts that have traditionally been disqualified by credit agencies.

For the first time, Karus-powered institutions are able to participate in a newly democratized lending ecosystem that offers unparalleled opportunities for risk-adjusted returns while also benefiting dealers and end borrowers.

The Karus Portal

Back-end Loan Level Analytics and Insights

The Karus portal provides predictive insights for securitizations, private loan pools, and portfolios of new originations funded using Karus ML underwriting.

The Karus portal allows credit investors to track payments, losses, predicted performance, and other key performance metrics for all accounts within a portfolio. Our analytics are updated daily for real time portfolio analysis.

Overview Overview General summary of current and predicted performance for pools of auto receivables Loan Tape Current & Predicted Performance Backtesting Modeling Insight Underwriting Insight Loan Tape Loan Tape Standardized static and transactional datasets prepared for analytics Overview Current & Predicted Performance Backtesting Modeling Insight Underwriting Insight Performance Current & Predicted Performance Filterable visualizations of key performance indicators Loan Tape Overview Backtesting Modeling Insight Underwriting Insight Backtesting Backtesting Insight into the accuracy and performance of Karus ML models Loan Tape Current & Predicted Performance Overview Modeling Insight Underwriting Insight Modeling Insight Modeling Insight Insight into the decisioning and features used in Karus ML models Loan Tape Current & Predicted Performance Backtesting Overview Underwriting Insight Underwriting Insight Underwriting Insight Detailed feature and risk insight derived from millions of auto loans Loan Tape Current & Predicted Performance Backtesting Modeling Insight Overview

Interactive Showcase

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About Us

Meet Our Team

Aaron Travis

Aaron Travis

CEO

James Harrison

James Harrison

COO

Paul Kostoff

Paul Kostoff

CTO

Rana Thatishetti

Senior Data Scientist

Matthew Gomies

Senior Data Scientist

Our Advisors

Our Investors

StageDotO logo

StageDotO

Early stage venture capital firm with expertise in operational excellence and strategic growth.

Wilson Sonsini Goodrich & Rosati

For nearly six decades, Wilson Sonsini has represented the technology pioneers associated with virtually every milestone innovation.