The financial world is at a turning point. Private credit, now a $1.7 trillion market, is growing at an unprecedented pace, yet it remains one of the least transparent and most underserved segments in finance. As Apollo CEO Marc Rowan predicts, the lines between public and private credit are blurring, creating enormous challenges and opportunities for innovation. At AIR Platforms, we are stepping out of stealth with a bold mission: to democratize AI-powered credit ratings and bring clarity to an increasingly complex financial landscape.
Our story began in the aftermath of the 2008 financial crisis. At the time, Glenn Carvajal, our Co-founder and CEO, was working at Moody's, and it became painfully clear that credit professionals needed better technology to keep pace with the rapidly evolving financial landscape. The tools of the time were not just outdated, they were falling short in ways that exposed institutions to unnecessary risks. Human biases and entrenched methodologies compounded the problem, leaving financial systems vulnerable to shocks, much like what we all witnessed during the SVB collapse.
Years later, the three of us, Glenn Carvajal, Arbi Abeshi, Co-founder and CTO, and Joe Burdis, Co-founder and CAIO, came together at an AI unicorn, building transformative technology that reshaped industries. But the same gaps in credit risk kept surfacing: outdated tools, entrenched biases, and methodologies that left institutions vulnerable. The collapse of SVB underscored the critical importance of timely signals, as Peter Thiel's now-iconic warning demonstrated the value of foresight in navigating uncertainty. We knew there had to be a better way.
Challenges in credit ratings extend beyond legacy methodologies. The Securities and Exchange Commission's latest report highlights persistent regulatory concerns, including conflicts of interest, transparency gaps, and the risks tied to private credit ratings, underscoring the urgent need for innovation in credit assessment.
This realization became the foundation for AIR, the first AI-powered credit rating agent.
Late-night Zoom calls turned into brainstorming sessions, and soon, a mission was born: to create a credit rating agent that is real-time, unbiased, and conflict-free. AIR is not just another tool; it is a transformative AI credit rating agent designed to empower professionals with the insights they need to act before it is too late.
What makes AIR different?
AIR is redefining credit ratings by fusing AI-powered insights with real-time market intelligence. Here is what sets us apart:
- Cutting-edge signals. We capture and process key financial indicators, market data, and event-based signals to deliver novel perspectives on creditworthiness.
- Next-gen credit AI models. Our state-of-the-art machine learning models provide granular assessments across private and public credit markets.
- Augmented analyst outcomes. AIR enhances decision-making with early warning indicators, investment screeners, automated due diligence, portfolio monitoring, financials extraction, and more.
- Beyond traditional ratings. Unlike legacy credit rating providers, AIR operates at the intersection of AI, finance, and automation, offering a real-time, adaptive approach to credit risk assessment.
- Built for the future. Our platform is designed to supercharge credit analysts, investors, and risk managers, empowering them with AI-powered insights to stay ahead in an increasingly complex credit landscape.
We will be sharing case studies showing how AIR redefines credit ratings, offering bold, independent perspectives that challenge the status quo. From public to private credit, AIR bridges the gap and empowers professionals and regulators to act with precision and confidence.
If you would like to learn more, please reach out and join our waitlist.
The future of credit ratings is here, and it is AI-powered.