Scry AI Founder and CEO Dr. Alok Aggarwal Joins Portage AI Board of Directors

We are pleased to announce that Scry AI Founder, CEO, and Chief Data Scientist, Dr. Alok Aggarwal, has joined the board of directors at Portage AI. 

Dr. Aggarwal joins alongside global business strategist Richard Dobbs. Together, Dr. Aggarwal and Dobbs bring decades of experience in enterprise technology, economic strategy, and artificial intelligence to Portage AI as it scales into specialty insurance automation across the US, London, and Bermuda.  

His addition to the board of directors also reflects the growing collaboration between Portage AI and Scry AI in advancing document intelligence solutions for financial services. With industry demand for AI-powered solutions surging, bringing Dr. Aggarwal onto the board strengthens Portage AI’s leadership team as the company enters its next phase of global innovation and growth.

Reflecting on his new board position, Dr. Aggarwal stated:  

“Portage AI is solving a set of problems I’ve watched the industry struggle with for years: turning the unstructured documents that run financial services into accurate, usable data at scale and speed. The team has built something genuinely differentiated, and I’m excited to help guide its next phase of growth.” 

Greg Framke, CEO of Portage AI, welcomed him by stating:  

“We’re delighted to welcome Richard and Alok to our board. Between them they bring a rare combination of deep technical AI expertise and a global view of how markets and businesses actually transform. As we scale across London, Bermuda and the US, their counsel will be invaluable in helping us build a category-defining company in insurance automation. The opportunity now isn’t more experimentation with AI; it’s deploying it where it moves the numbers, and Richard and Alok’s experience is exactly what helps us do that.” 

About Portage AI 

Portage AI is headquartered in the US with operations in London. It is an enterprise technology firm that resolves manual data bottlenecks in the financial sector, specifically within commercial real estate, private credit, and specialty (re)insurance. It builds proprietary AI to identify, extract, and organize data buried within documents and spreadsheets, which reduces overall manual processing times. 

To ensure absolute reliability, human industry experts review any systemic exceptions. This allows Portage AI to back its deployments with written accuracy guarantees. Further, it operates via easy API integration, which quickly moves solutions from development to live production. 

How Collaboration Between Scry AI and Portage AI Will Reshape the BFSI Sector? 

The collaboration between Scry AI and Portage AI brings together complementary strengths to address one of the BFSI sector’s most persistent challenges of turning vast volumes of unstructured, document-intensive data into accurate, actionable intelligence. 

Portage AI holds expertise in automating complex financial services workflows through AI-powered document extraction and data structuring. Complementing this, Scry AI holds deep expertise in enterprise AI, intelligent document processing, workflow automation, advanced analytics, and conversational AI through its core platforms (Collatio, Auriga, Concentio).

Together, they are well positioned to help banks, insurers, lenders, other financial institutions, and even enterprises across other sectors to modernize legacy processes, improve data quality, expedite decision-making, and strengthen regulatory compliance. 

Plus, integrating these research-driven AI innovations with domain-specific automation can deliver future-ready solutions that help the BFSI sector to operate with better security, speed, precision, and resilience in a digital and AI-powered landscape.