- AI infrastructure provider for regulated industries, Go.AI, has secured $85 million in Series A funding in a round led by Updata Partners. The investment takes the company’s total funding to $90 million.
- The capital will enable Go.AI to grow its engineering team, accelerate development of its key solutions, and scale go-to-market efforts beyond regulated industries.
- Go.AI made its Finovate debut earlier this year at FinovateSpring 2026 as Go Abacus. The Chicago-based company returned to the Finovate stage for FinovateFall 2026 in September.
Go.AI, an AI infrastructure provider for regulated industries, has raised $85 million in Series A funding. The round was led by Updata Partners with participation from existing investors GFT Ventures and LAUNCH. The investment takes Go.AI’s total funding to $90 million. In a statement, the company said it will use the funding to grow its engineering team and accelerate development of both its operating system, Go.OS, and its hardware line. The company will also scale its go-to-market efforts, expanding beyond regulated industries such as financial services and defense into a broader range of compliance-oriented organizations.
“When Lisa Gillespie and I co-founded the company, we were two people with a big idea,” Moscatelli said. “Today, we have over 50 team members, and the company we’ve built is doing exactly what we said it would do for the institutions that trust us most. This funding lets us keep building at that pace, but the thing I’m most proud of isn’t the growth number, it’s the education. AI doesn’t have to be something people fear or don’t understand. Done right, it works alongside the people who use it. That’s what this round lets us prove, at scale.”
Go.AI offers an on-premises AI appliance that puts enterprise-grade AI inference directly into a bank’s or financial institution’s own environment. Featuring zero cloud dependency and zero data egress, Go.AI’s Go1 is SOC 2 Type II, ISO 27001, and HIPAA compliant, making it purpose-built for regulated industries. This allows institutions to run AI on sensitive data while remaining compliant and auditable. Go1 is paired with Go.AI’s operating system, Go.OS, which automates model management, GPU allocation, and serving without any cloud connection. Go1 provides full model lifecycle governance, including versioning, rollback, and real-time monitoring. Go.AI’s customers are currently running on-premises AI deployments that are processing more than 12.5 million queries a day.
Headquartered in Chicago, Illinois, Go.AI made its Finovate debut at FinovateSpring 2026. The company returned to the Finovate stage earlier this month for FinovateFall. Go.AI’s funding news comes just a few weeks after the company announced its rebrand from Go Abacus to Go.AI. In a statement, Moscatelli said the company’s work in on-prem AI, security, and safety “has matured into a category-defining position” and that the company has succeeded in making “that complexity feel simple, without ever compromising trust or control. Go.AI is the name that finally matches that ambition.”
Photo by Diego Alberto Martínez Mendoza
