tech
2 founders raised $3.2 million, then scrapped their AI startup. Here's how they pitched their pivot.
Founders Tyler Maran and Anna Pojawis scrapped their startup OmniAI and launched Monumint, which builds AI agents for banks. Here's their pitch deck.
TL;DR
- Founders Tyler Maran and Anna Pojawis scrapped their AI startup OmniAI despite having paying customers and $3.2 million in seed funding.
- They felt OmniAI's vision was not large enough, leading them to pivot after a year.
- The founders have spent 10 months building Monumint, an AI agent startup for banks, credit unions, and lenders.
- Monumint's AI agents handle customer inquiries, information collection, and complex workflows like loan applications and beneficiary updates.
- The startup has 20 paying customers, including lenders and FDIC-insured banks.
- Maran and Pojawis, former commercial bankers at CIBC, previously went through Y Combinator with OmniAI in 2024.
- Investors responded positively to Monumint's new direction, with some offering introductions to potential clients.
- The company plans to use its funding to expand its engineering and sales teams.