Investor Overview · 2026

The open web,
refracted into
lending intelligence

RiskGlass.ai turns 1 billion crawled web pages into 30M+ risk-scored SME lending prospects — the data layer modern lenders are missing.

30M+SMEs scored
1Bpages / month
3revenue surfaces
The opportunity

Lenders are flying blind on small business

There are tens of millions of small businesses, but the data to find and underwrite them is fragmented, stale, and expensive. RiskGlass closes that gap with web-scale coverage and explainable scoring.

70%+

Of SMEs are hard to source

Most small businesses leave a thin, scattered footprint across the web — invisible to legacy data vendors built for enterprises.

Stale

Data ages fast

Traditional business databases refresh slowly. By the time a lender acts, the signal is months old and the opportunity is gone.

Opaque

Black-box scores

Off-the-shelf risk scores can't explain themselves — a non-starter for credit teams that need auditable reasoning.

Market size

A multi-billion-dollar data layer

RiskGlass sits at the intersection of business data, alternative data, and SME lending infrastructure — large, growing, and underserved at the small-business end.

Total addressable market
$68B
Global business & alternative data
Commercial data, analytics, and risk intelligence spend.
Serviceable market
$9.4B
SME lending intelligence
Prospecting, enrichment & risk data for SME-focused lenders.
Obtainable (initial)
$420M
Digital-first US lenders
Beachhead: fintech lenders, banks & credit teams buying API + seats.
Traction & data assets

A compounding data advantage

Every monthly crawl deepens the index and widens the moat. The asset gets more valuable — and harder to replicate — over time.

Pages crawled / month
Domains indexed
SMEs discovered & scored
Full data refresh

Scored SME index growth

Millions of SMEs · illustrative trajectory
6M
Q1
11M
Q2
18M
Q3
25M
Q4
30M+
Now
50M+
Target
The investment thesis

Why RiskGlass wins

Four reasons this becomes the default data layer for SME lending. Switch tabs to dig in.

A proprietary, self-reinforcing data pipeline

RiskGlass refines the raw open web down to scored, query-ready prospects — a pipeline that's expensive to build and compounds with every crawl.

1B
Pages crawled270M domains, every month
400M
Directory pagesStructured business listings extracted
30M+
Scored SMEsEnriched, risk-rated, query-ready
  • Web-scale, not list-scale. Coverage legacy vendors can't match at the small-business tail.
  • Freshness as a feature. Monthly full refresh keeps signal current while competitors decay.
  • Explainable by design. Every score carries auditable reasoning credit teams can trust.
  • Compounding asset. Each crawl widens the gap — replication cost rises over time.

One index, three ways to monetize

The same data asset is sold across self-serve, agent, and system channels — expanding the market without rebuilding the product.

Chat

Self-serve seats

Conversational dashboard for analysts and lending teams to search, refine, and export prospects.

Per-seat SaaS · land-and-expand within lending teams
MCP

Agent tooling

A drop-in Model Context Protocol server that lets AI agents query the index on demand.

Usage-based · rides the AI-agent adoption wave
REST

Enterprise API

Deterministic, versioned data for underwriting pipelines and batch enrichment at volume.

Contracted API · high-volume, sticky, expansion revenue

The clear pick across what matters

Against legacy data vendors and in-house research, RiskGlass leads on coverage, freshness, and explainability — at a fraction of the cost per qualified lead.

CapabilityRiskGlass.aiLegacy data vendorsIn-house / manual
Web-scale SME coverage
Monthly data freshness
Explainable risk scoring
Conversational search
Agent-ready (MCP) + REST
Cost per qualified lead
Strong Partial Limited / none

From data asset to lending platform

Coverage is built. Next we deepen scoring, embed into lender workflows, and expand the index.

Shipped
  • Web-scale crawl pipeline
  • 30M+ scored SME index
  • Conversational dashboard
Now
  • Explainable scoring v2
  • MCP server
  • REST API general availability
Next
  • Lender CRM integrations
  • Real-time risk signals
  • Expanded verticals
Later
  • International coverage
  • Predictive default models
  • Data marketplace
Live product · refraction engine

See a query become scored prospects

Try it free →

Pick a question the way a lending analyst would ask it. RiskGlass parses it, scans the index, and returns explainable, risk-scored SMEs — instantly.

riskglass.ai/chat — conversational search
Try a query
Scored results

Let's talk about the round

Request the full investor deck — market model, data moat, financials, and roadmap — or book a 20-minute intro with the founder.