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Venture Capital News: Powerlytics Scores New Financing Round

2024-09-10
DOYLESTOWN, PA, Powerlytics, the only data and predictive analytics provider that offers a complete tax return picture for every U.S. household and business has completion its latest funding round.
The round was led by Curql Collective, a collaborative ecosystem of progressive credit unions that offers entities innovative and transformative technology. Other companies that were part of the 2024 fundraising round include Tribeca Early Stage Partners and existing investor Brewer Lane Ventures.

Powerlytics is 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 accurately estimate small business revenue. Additionally, Powerlytics' thousands of consumer and business financial data variables power a range of machine learning and AI models that optimize prospect targeting, lifecycle marketing, loan performance and collections, among other areas.
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