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Empyrean Solutions Raises $74 Million Growth Financing Led By Spectrum Equity

Apr 22, 2021over 4 years ago

Amount Raised

$74 Million

Woburn

Description

Empyrean Solutions, a leading provider of asset and liability management and risk and compliance solutions for banks and credit unions, today announced a $74 million minority growth financing led by Spectrum Equity, a leading growth equity firm focused on Internet-enabled software and information services companies, with participation from Information Venture Partners. The investment represents Empyrean's first institutional capital and will accelerate the company's investment in product innovation to help finance leaders make better strategic decisions.

Company Information

Company

Empyrean Solutions

Location

Woburn, Massachusetts, United States

About

Fast and accurate results drive our efforts at Empyrean. Our system was designed and developed by risk and finance practitioners, built with ease of use and speed of calculations as primary considerations for its model. It is the fastest-growing solution in the market today. Banks and credit unions of all sizes turn to us for financial risk & performance management products that help them increase efficiency, reduce operational costs, and more easily manage financial performance. For more information, visit www.empyreansolutions.com.

Funding Insights

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