Tech Company Financing Transactions
Posh Technologies Funding Round
Posh Technologies secured a $27.5 million Series A funding round on 12/13/2021. Investors included Canapi Ventures, CMFG Ventures and Curql.
Transaction Overview
Company Name
Announced On
12/13/2021
Transaction Type
Venture Equity
Amount
$27,500,000
Round
Series A
Investors
Canapi Ventures (Lead Investor) (Neil Underwood)
Proceeds Purpose
This infusion of capital will enable rapid growth for Posh, supporting additional investment in product research and development, and the expansion of Posh's world class team to ensure it continues to deliver cutting edge AI to a growing number of community financial institutions and financial technology clients.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
695 Atlantic Ave. 9th floor
Boston, MA 02111
USA
Boston, MA 02111
USA
Phone
Undisclosed
Website
Email Address
Overview
Posh was founded in 2018 by Karan Kashyap and Matt McEachern out of MIT with the vision to empower community financial institutions through intuitive, conversational AI. The proprietary conversational AI fosters an enjoyable and efficient banking experience for users.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Karan Kashyap
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