Powerlytics, a Doylestown, PA-based data and predictive analytics provider, raised an undisclosed amount in funding.
The round was led by Curql Collective, with participation from Tribeca Early Stage Partners and existing investor Brewer Lane Ventures.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Kevin Sheetz, Powerlytics provides a proprietary data platform offering a complete financial picture of all US households and businesses underpinned by their tax returns from the past 20 years. Financial services companies leverage these data assets to improve marketing and risk decisioning through frictionless income estimation and verification, insights into household deposits and investable assets and to estimate small business revenue.
Current customer base includes top banks, alternative lenders and wealth management firms as well as partners who serve the bank, credit union and wealth sectors.
FinSMEs
11/09/2024