OpenAI’s Sam Altman Invests in Slope, an AI-Powered B2B Payments Startup

OpenAI founder Sam Altman has invested in Slope, a Silicon Valley-based startup that utilizes artificial intelligence (AI) to revolutionize B2B payments. Slope, founded by Lawrence Lin Murata and Alice Deng, aims to streamline and automate order-to-cash workflows for enterprise companies.

• Slope offers a comprehensive B2B payments platform that allows businesses to manage transactions, optimize payment processes, accept online payments, and provide financing options to their buyers.
• The company leverages proprietary large-language-model (LLM) AI for underwriting, including B2B checkout, customer and vendor risk assessment, payment reconciliation, and cash management.
• Slope's AI models are trained on extensive data from the banking system, encompassing transactions, financial activities, and payment data.

Slope's AI-Powered Underwriting Infrastructure

Slope's AI-driven underwriting infrastructure plays a crucial role in enabling the company to provide efficient and secure payment solutions for businesses. The company's AI models are trained on a vast amount of data from the banking system, which includes transactions, financial activities, and payment information. This allows Slope to accurately assess risk, automate payment processes, and provide valuable insights to businesses.

• Slope's AI models enable the company to automate various processes, such as B2B checkout, customer and vendor risk assessment, payment reconciliation, and cash management.
• The AI models are continuously retrained and improved through active learning, ensuring they remain accurate and up-to-date with changing market conditions.
• Slope's AI-powered underwriting infrastructure allows the company to provide businesses with real-time insights into their financial activities and risks.

The Impact of OpenAI’s Investment

Sam Altman's investment in Slope signifies the potential of AI to transform the fintech industry. Slope's innovative approach to B2B payments is attracting attention from investors and industry leaders alike.

• Sam Altman's investment validates Slope's technology and its potential to disrupt the B2B payments landscape.
• The investment will enable Slope to scale its operations, hire more talent, and reach a wider audience of enterprise customers.
• Sam Altman's expertise in AI and his network of connections will provide valuable guidance and support to Slope as it grows.

Slope's Partnership with JP Morgan

Slope has secured a strategic equity and debt financing round led by JP Morgan Payments, further solidifying its position in the enterprise payments market. This partnership grants Slope access to JP Morgan's extensive network and resources, empowering the startup to expand its reach and impact.

• JP Morgan's investment in Slope underscores the bank's belief in the company's potential to transform the B2B payments landscape.
• The partnership will enable Slope to leverage JP Morgan's global payments infrastructure and client base.
• Slope will join the JP Morgan Payments Partner Network, allowing the company to access a wider range of resources and opportunities.

Slope's Vision and Future

Slope aims to become a category-defining company in the B2B payments space, leveraging AI to provide innovative and efficient solutions to businesses. The company's focus on enterprise payments, combined with its strategic partnerships and commitment to innovation, positions it for continued success.

• Slope plans to continue investing in its AI technology, expanding its capabilities to address a wider range of B2B payments needs.
• The company aims to scale its operations and reach a broader audience of enterprise customers, expanding its footprint in the global payments market.
• Slope's commitment to innovation, combined with its strategic partnerships, positions it to play a significant role in shaping the future of B2B payments.