Ethos, the modern model risk management platform, announced today a seed investment of $6M to become the gold-standard platform enabling financial institutions and fintech to manage model risk with confidence. The funding round was led by Canapi Ventures, with participation from Capital One Ventures and Better Tomorrow Ventures. Financial institutions today rely extensively on AI, machine learning, and other data-driven models to make critical decisions – from lending and loss forecasting to fraud detection and anti-money laundering efforts. The acceleration of GenAI...