Arteria AI
Arteria AI sells AI-powered document automation software that converts legal and financial documents into structured data. The Toronto-based company has raised $41M, most recently in a Series B in October 2023, and employs 75 people.
The growth story
Arteria AI grew from 32 to 75 employees between 2021 and 2026, raising $41M along the way, most recently a Series B in October 2023.
About
Arteria AI's software processes legal and financial documents, extracting data to automate workflows and accelerate deal documentation. Its platform targets enterprises looking to reduce manual document handling and speed up revenue cycles.
The company has grown rapidly since its 2020 founding, securing $41M in funding from notable investors including Citi and BDC Venture Capital. Its Series B round in October 2023 suggests continued expansion in the legal tech and financial services automation markets.
Founders and leadership
Engineering is Arteria AI's largest function, with 23 employees. The company's leadership includes veterans from major financial institutions and legal tech firms, reflecting its focus on enterprise document automation.
The Arteria AI org chart
Shelby Austin (Chief Executive Officer and Co-Founder) leads 28 mapped leaders with 5 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 27 (-39% YoY), Business Development 18 (+6% YoY), Consulting 6 (-14% YoY), Operations 3 (0% YoY), Information Technology 3 (0% YoY), Marketing 3 (+50% YoY).
Talent flow
Arteria AI recruits heavily from professional services firms, with Deloitte being its top talent source. Its workforce includes graduates from Canadian universities, particularly the University of Toronto and University of Waterloo. Alumni have gone on to legal tech and AI startups.
Most common previous employers of Arteria AI staff: Deloitte (12), State Street (3), Scotiabank (3), University of Toronto (3), ATD Legal Services Professional (2), Klick (2). Former Arteria AI employees most often moved to CDAI (2), Tango (2), PointClickCare (2), Planned (1), Defined (1), Fenergo (1).
Alumni worth knowing
The Arteria AI mafia
Arteria AI alumni have founded three companies, including Defined and Twin-1 AI, both of which employ seven people. Yardstick, another alumni-founded company, has three employees.
3Mark Trevitt, was Board Member until 2023Katherine Wilson, was Board Observer until 2023Web traffic
Traffic mix: 39% direct, 39% search, 5% social, 1% paid.
What this company is made of
Most common skills at Arteria AI: Communication (25), Management (25), Python (Programming Language) (24), Microsoft Excel (24), JavaScript (23), Java (23), Microsoft Office (23), SQL (23).
Where the team actually sits
Arteria AI people are concentrated in Ontario, Canada (27), Greater Toronto Area, Canada (8), Canada (7), England, United Kingdom (4).
Search footprint
Arteria AI attracts about 244 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 14 ranking keywords and lost 8 in the last period.
What employees say
- Compensation
- 2.90 / 5
- Career opportunities
- 2.50 / 5
- Senior management
- 2.40 / 5
- Work-life balance
- 2.40 / 5
Frequently asked
Arteria AI has 75 employees as of September 2026.
Arteria AI has raised $41M in total, most recently a Series B round in October 2023.
Arteria AI was founded in 2020 by Shelby Austin, Abrar Huq.
Shelby Austin (Chief Executive Officer and Co-Founder) sits at the top of Arteria AI's reporting structure, with 5 direct reports.
The most common previous employers of current Arteria AI staff are Deloitte (12 people), State Street (3 people), Scotiabank (3 people).
Former Arteria AI employees most often move to CDAI (2), Tango (2), PointClickCare (2).
At least 3 companies have a founder who previously worked at Arteria AI, including Defined, Twin-1 AI, Yardstick.
Arteria AI attracts about 244 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among Arteria AI staff are Communication, Management, Python (Programming Language), Microsoft Excel, JavaScript.
Arteria AI staff are concentrated in Ontario, Canada (27), Greater Toronto Area, Canada (8), Canada (7).
Arteria AI has about 27 people in Engineering, down 39% over the past year, as of September 2026.
Arteria AI has about 18 people in Business Development, up 6% over the past year, as of September 2026.
Computed from 57 current and 146 former Arteria AI profiles, as of September 2026. Source: Crustdata.
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