# Praxent

> Praxent is an Austin-based financial technology consulting and engineering firm founded by Tim Hamilton in 2000. It helps financial institutions and fintech providers modernize legacy applications, design digital products, integrate systems, and put governed AI into production. Its current model combines embedded engineers, proprietary accelerators, and outcome-based offerings.

- **Founded:** 2000
- **Headquarters:** Austin, United States
- **Founders:** Tim Hamilton (Founder and CEO)
- **Products:** AI modernization and PraxentDecode, Custom AI agents, Agentic engineering and SDLC transformation, Claude Cowork enablement, Frontier customer experience and product development
- **Notable:** American Banker ranked Praxent 12th in its 2024 Best Places to Work in Fintech list., Praxent reports 500+ digital transformations and 200+ AI/fintech experts on its current website., Praxent says it received SOC 2 Type II certification in 2023 and maintains it annually.

## Products & services

- **AI modernization and PraxentDecode** — Recover business logic from legacy code, validate requirements with domain experts, and rebuild and migrate platforms with parity checks. PraxentDecode is a proprietary accelerator used in engagements.
- **Custom AI agents** — Design, deploy, govern, and monitor agents for financial operations in client environments.
- **Agentic engineering and SDLC transformation** — Embed engineers and install AI coding workflows, specifications, review gates, and reusable development practices.
- **Claude Cowork enablement** — Roll out Claude Cowork with access controls, versioned procedures, adoption support, and measurement of hours saved.
- **Frontier customer experience and product development** — UX research, interface design, onboarding, portals, and custom web and mobile applications for financial services.
- **AI data transformation** — Consolidate and govern data for analytics and AI workflows.
- **PraxentGuard** — Proprietary AI controls framework marketed with 29 security checks, OWASP LLM Top 10 coverage, and SOC 2 alignment.

## Achievements

- American Banker ranked Praxent 12th in its 2024 Best Places to Work in Fintech list.
- Praxent reports 500+ digital transformations and 200+ AI/fintech experts on its current website.
- Praxent says it received SOC 2 Type II certification in 2023 and maintains it annually.
- DCI case study reports two end-to-end features in eight weeks and a 41-component design system.
- NEWITY case study reports 13-week launches for its borrower portal and pre-qualification experience.

## Latest updates

- **2026-04** — Announced a strategic growth investment from Delta-v Capital on April 13 to expand AI engineering IP, capabilities, and team growth. Amount was not stated in the announcement.
- **2026-09** — Named Dr. Ranjit Tinaikar, Jeremy Wing, and Garrett Marsilio to its board; Tinaikar serves as chairperson.

## Links

- Website: https://praxent.ai/
- LinkedIn: https://www.linkedin.com/company/praxent/
- Twitter/X: https://twitter.com/praxentsoftware
- GitHub: https://github.com/praxent
- Facebook: https://www.facebook.com/praxent

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Profile page: https://yespress.io/praxent
Published by YesPress — https://yespress.io
Last updated: 2026-10-25