Empyrean Solutions Raises $74 Million Growth Financing Led By Spectrum Equity
Apr 22, 2021•over 4 years ago
Amount Raised
$74 Million
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.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech