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Powerlytics Completes 2024 Funding Round Led by Curql Collective

Author

Slice of Finance Team
20 Sep

Key Highlights:

  • Powerlytics completes 2024 funding round led by Curql Collective.

  • Tribeca Early Stage Partners and Brewer Lane Ventures also participated.

  • Investment will boost product offerings, sales, and marketing efforts.

  • Curql's involvement strengthens Powerlytics’ role in the credit union tech stack.

Source: PR Newswire

Notable Quotes:

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"Curql's investment in Powerlytics enables the company to have a unique strategic advantage that brings relevancy and a competitive edge to the CU tech stack."

Nick Evans, President and CEO at Curql
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"We are excited to partner with Curql Collective and Tribeca Early Stage Ventures... to help credit unions succeed."

Kevin Sheetz, CEO and Co-Founder at Powerlytics
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"Powerlytics data set is unparalleled... glean important insights to their clients."

John McEvoy, Managing Partner at Tribeca Early Stage Ventures

Our Take:

Powerlytics' latest funding round, led by Curql Collective, signals strong investor confidence in its ability to deliver innovative data-driven solutions. With the participation of top fintech players like Tribeca Early Stage Partners, the company is poised to scale its impact, especially within the credit union space. This strategic infusion of capital allows Powerlytics to expand its already powerful suite of AI and machine learning solutions, which are critical for financial institutions aiming to optimize risk management and drive growth.