Argon
Financial ServicesIllinois, United States51-200 Employees
Using Big Data and advanced machine-learning, Argon leverages a distinctive artificial intelligence algorithm (dubbed Ai, or Argon Intelligence) which has revolutionized the analytical and sociological approach to calculating competitive rates on an individual basis. This intelligent technology analyzes thousands of data points in less than 100 milliseconds to create an avatar of the client, truly personalizing the lending experience in the online marketplace. The approach creates an online consumer persona, essentially using the data points as the DNA of the client and allowing a customized experience for each applicant. Argon’s cutting-edge technology provides consumers the convenience of applying online 24/7/365 while removing the lengthy processes and uncertainty associated with traditional lending institutions. In only 20 months, Argon has grown from 3 employees to 90, and plans to increase head count to 180 full-time positions in 2016. Argon is active in Chicago’s startup community and has been featured in the Wall Street Journal, Built In Chicago, Chicago Inno, and ABC television.