AI-Powered Credit Ratings. 100x Faster.
Pistos is building the first full-stack AI credit rating agency for municipal governments and private credit.
Built by alumni from
The Credit Rating Gap
The municipal bond market is massive — yet chronically underserved by legacy rating agencies that lack the technology and incentives to provide broad coverage.
The vast majority of the $4T municipal bond market lacks current, reliable credit analysis.
Tens of thousands of municipalities have zero coverage from legacy agencies.
Trillions in outstanding municipal debt lack the analytical coverage investors need.
A New Kind of Rating Agency
Pistos combines frontier AI with deep credit expertise to deliver faster, more accurate, and more transparent credit analysis.
AI-Native
Purpose-built AI models trained on decades of municipal credit data, financial statements, and macroeconomic indicators. Our models analyze in minutes what takes legacy agencies months.
Full-Stack
End-to-end coverage from data ingestion and normalization through credit analysis, rating assignment, and ongoing surveillance. One platform, complete coverage.
Municipal & Private Credit
Starting with the $4T municipal bond market — the largest underserved segment — then expanding into private credit, infrastructure finance, and beyond.
About Pistos
We believe credit markets deserve better. Legacy rating agencies rely on decades-old methodologies, leaving vast swaths of the market unrated and underserved. Pistos combines frontier AI with deep credit expertise to deliver faster, more accurate, and more transparent ratings — starting with the $4T municipal bond market.