Clerkie, a San Francisco, CA-based AI-powered financial automation platform, raised $33M in Series A funding.
The round was led by Left Lane Capital with participation from other notable investors including Wellington Management Company, Flourish Ventures, Citi Ventures, CMFG Ventures and Vestigo Ventures. David Velez, founder of Nubank, and Tom Proulx, founder of Intuit, also participated in the round.
The company, which has raised $41M to date, intends to use the funds to grow the engineering team and rapidly scale its debt workout solutions.
Co-founded by Guy Assad, Sebastian Wigstrom and Gray Hoffman, Clerkie is an AI-powered financial automation platform purpose-built to enable over 100 million Americans ease their debt burden. Its systems help borrowers by providing personalized debt guidance and workout options to avoid delinquency and build their credit scores.
The platform uses a number of data points to identify and help potentially delinquent borrowers avoid default. From there, the system proactively surfaces viable workout options for a given borrower, thereby helping them avoid the predatory collections process, ease their debt burden and improve their financial health.
FinSMEs
18/04/2023