June was a big month at Kita. Here's what we shipped: - Welcomed Ella Sy and Abhay Gupta to the team 🥳 - We set a new industry standard 💪. Our newest model, Kita Max, reads bank statements across submission formats - from PDFs to blurry, cropped pictures of paper - at 99.3% accuracy. We put it head-to-head against every frontier AI model and none of them cleared 84%. - In a single month, we processed enough borrower documents to stack taller than a 20-story building. - We went deeper in the market. Built partnerships with community lenders across 10 states, started working with one of the world's largest microlenders, and grew pipeline by 5x. - Our engineering team added 20 new features including an AI-powered borrower portal and loan application. - We redesigned our website: kita.ai. Go check it out! So grateful for this incredible team and our amazing customers. Excited for another great month 🚀
The move into account-level workflows alongside borrower-facing features covers quite a bit of ground. Which addition has changed the way customers use Kita the most since it shipped? Carmel Limcaoco
Who designed the website 👀
shipping product, growing pipeline, and improving distribution…all in one month. thats how startups compound.
Any hiring Carmel Limcaoco
Carmel, What stood out wasn't just the metrics, but the speed of execution. Shipping product, expanding partnerships, and improving model performance in the same month is a strong signal of focus. Which milestone was the hardest to achieve?
This is the kind of execution that compounds over time improving the core technology, shipping customer-facing features, and staying close to the market. Congratulations to the team, and excited to see what you build next!
Guys you're becoming one of the best in underwriting with that 99.3% accuracy. Curious to know about auditable.
99.3% accuracy on messy real-world documents is remarkable. The hardest AI problems are rarely benchmark problems they're production problems.
This website 😍😍
Congrats on the redesign, really like where you're taking the design. Quick heads up though, the site is crashing on load right now with a client side exception (screenshot attached), so it just shows a blank page for me. Probably worth checking before more people land on it. Also if you all are ever looking for extra frontend help, would love to chat sometime. This kind of Next.js stuff is what I enjoy working on.