Bloom Credit, a NYC-based API platform company for businesses to integrate with credit bureaus for access to scores, monitoring, and furnishment products, raised $13M in funding.
The round was led by Allegis NL ($10M), with participation from Resolute Ventures, Slow Ventures, and Commerce Ventures, as well as a previously unannounced $3M from angel investors including Better Tomorrow Ventures’ Sheel Mohnot and Jake Gibson, Acorns Founder Jeff Cruttenden, Marqeta Founder Jason Gardner, Vice Chair of Personal Capital Mark Goines, Former President of Prosper Ron Suber.
The company intends to use the funds to accelerate growth of the team to support demand for its products.
Led by Matt Harris, co-founder and CEO, and Erin Allard, new COO, Bloom Credit is an API platform company for businesses to integrate with credit bureaus for access to scores, monitoring, and furnishment products. By providing all bureau and score related products through a single API that integrates with all three credit bureaus, Bloom Credit allows unified access to request or submit credit bureau data to enable applications which can improve consumers’ creditworthiness.