Eltropy Secures $21 Million Investment From K1 To Expand Its Digital Communication Suite For Financial Institutions
Eltropy Secures $21 Million Investment From K1 To Expand Its Digital Communication Suite For Financial Institutions
06/16/21, 10:13 AM
Location
milpitasMoney raised
$21 million
Eltropy, Inc. ("Eltropy"), the leading messaging-based platform focused on driving operational efficiency for financial institutions, today announced a $21 million investment from K1 Investment Management ("K1"), a leading investment firm focused on high-growth enterprise software companies. With the investment, Eltropy plans to more than double its headcount and further invest in its all-in-one communication suite.
Company Info
Location
milpitas, california, united states
Additional Info
Eltropy enables Financial Institutions to digitally engage in a secure and compliant way. Using our world-class digital communications platform, Credit Unions, Banks, Debt Collectors, Insurance Companies, Lenders and FinTechs can improve operations, engagement and productivity. Eltropy also integrates with IT systems, such as Symitar and Corelation, and uses Analytics to provide engagement insights. For more information about Eltropy, please visit eltropy.com.