Posh AI, a Boston, MA-based company providing a platform democratizing access to banking, received a strategic funding.
The round, which bought the total amount to $45M, was led by Curql, alongside TruStage Ventures and Canapé Ventures.
The company intends to use the funds to expand operations and its development efforts. The new investment will fast-track responsible deployment of generative and conversational AI solutions specifically designed to empower credit unions and banks, enhancing their operational efficiency and service quality.
Led by CEO Karan Kashyap, Posh AI leverages a proprietary platform to create AI assistants that empower frontline staff and customer interactions. Purpose-built for financial services, Posh’s AI spans voice, digital, and knowledge channels, offering conversational customer service, 24/7 self-service, and increased employee efficiency.
Posh Assistants covering customer-facing channels for Voice and Digital Banking, alongside the Knowledge Assistant providing immediate answers for internal teams, have serves clients such as Interra CU, Ion Bank, One Nevada CU, and Southern Bank.
Additionally, the company added Curql’s Dave Tucker to its Board of Directors, joining co-founders Karan Kashyap and Matt McEachern and Board Advisors Rodney Hood and Barbara Yastine.
FinSMEs
13/06/2024