Interface.ai, a customer automation platform for financial institutions, has successfully raised $30 million in funding led by Avataar Venture Partners. This round marks the startup's first external capital, having previously operated on a bootstrapped model. The company serves over 100 banks across North America, generating significant annual recurring revenue. CEO Srinivas Njay highlighted the importance of democratizing AI access for smaller banks. The new funds will help expand their team and accelerate market initiatives, as AI adoption in banking grows despite customer hesitance towards AI recommendations.