# Argyle Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/argyle-systems

- Industry: Software
- Headquarters: New York, US
- Website: www.argyle.io
- Total disclosed funding: $84M
- Latest round: Series C (Mar 5, 2024)
- Investors on record: 7

## About

Based in the US, Argyle Systems Inc. operates as a technology company that specializes in automating income, employment, and asset verifications through innovative direct-source data solutions.Argyle Systems Inc. was founded in 2018 in New York, US, focusing on automation of income and employment verification. The company has executed a total of 5 deals, with its most recent deal occurring on September 23, 2025, when it raised USD 30.00 mn in a Series C funding round led by Rockefeller Capital Management, with participation from Bain Capital, Checkr, Inc., and SignalFire. The company's current valuation stands at USD 176.89 mn. The founders of Argyle are Audrius Zujus and Shmulik Fishman, the latter also serving as the CEO.Argyle offers a suite of advanced solutions aimed at automating income, employment, and asset verifications through direct-source data. Their core product offerings include integrations with point-of-sale (POS) systems and loan origination systems (LOS), enabling lenders to streamline the verification process, thereby improving borrower pull-through rates and accelerating loan closings. Additionally, Argyle provides an API that allows clients to embed verification services directly into their applications, enhancing user experience by facilitating seamless data sharing. The platform operates in various geographical markets, including the United States, serving a diverse client base that encompasses financial institutions, personal lending companies, background check firms, and tenant screening agencies, all of which utilize its services to enhance operational efficiency and ensure compliance.Argyle generates revenue primarily through subscription-based licensing agreements with its clients, which include lenders and financial service providers. These clients access Argyle's services under structured agreements that facilitate real-time verification of income and employment data. The pricing model is typically tiered based on the volume of verifications processed, allowing clients to scale their usage in accordance with business needs. Notably, Argyle's flagship services, such as Direct Payroll and Direct Banking, are integral to this transaction framework, enabling clients to obtain verification reports swiftly while also benefiting from high data accuracy. The company’s partnerships with major financial institutions further solidify this revenue model, enhancing Argyle's position in the market.In September 2025, Argyle Systems Inc. raised USD 30.00 mn in funding from Mastercard International Incorporated and returning investors. This investment will be directed towards improving its financial data infrastructure and broadening access to real-time verification services. The company is focused on launching new products that enhance its verification capabilities, aimed at expanding into additional markets beyond the US, with specific targets for geographic expansion to be determined in alignment with product releases and market demands.

## Funding rounds

- Series C, Mar 5, 2024, $30M — Bain Capital, Rockefeller Capital Management, Checkr, Inc., SignalFire
- Series B, Jan 28, 2022, $34M — Bain Capital, Checkr, Inc., SignalFire, Gaingels, Bedrock
- Series A, Oct 15, 2020, $20M — Bain Capital, F-Prime Capital, Checkr, Inc., Bedrock

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A, Series B, Series C
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series A
- Checkr, Inc. — Series A, Series B, Series C
- Bedrock (https://capitalatlas.ai/funds/bedrock) — Series A, Series B
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Series B, Series C
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B
- Rockefeller Capital Management — Series C