# Nymbus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nymbus

- Industry: Financial Services
- Headquarters: Miami Beach, US
- Website: www.nymbus.com
- Total disclosed funding: $141M
- Latest round: Series D (May 25, 2023)
- Investors on record: 7

## About

Based in Florida, US, Nymbus, Inc. was founded in 2015 by Scott W. Killoh. The company employs over 200 people and specializes in providing financial institutions with automated banking infrastructure solutions. Nymbus announced the acquisitions of financial tech companies KMR, R.C. Olmstead, and Sharp BancSystems in June 2016. The company confirmed three executive appointments and the launch of a corporate excellence center in Glastonbury, Connecticut in July 2017. Ms. Anne Miela, Senior Vice President of Operations, Mr. Jan Frymyer, Senior Vice President of Client Services, and Mr. Richard D. Lang, General Counsel, were among the new hires. Nymbus launched NYMBUS SmartDigital, a digital-first banking portal for internet and mobile banking, in September 2017. NYMBUS SmartLaunch, the company's most recent approach, was launched in April 2018. Jeffery Kendall, former Temenos Executive Vice President of North America Sales and Distribution, was announced as the new CEO of Nymbus in September 2020. As of March 2021, the company has a total of 5 funding rounds.

The company's platform is an all-in-one central processing solution with a single sign-on and a modern user-friendly design that allows financial institutions to simplify workflows and migrate to a digital banking system that evolves with their consumers.

The company aims to expand its market scope as well as its solution and service offerings in 2021.

## Funding rounds

- Series D, May 25, 2023, $70M — 1st & Main Growth Partners, Insight Partners, ConnectOne Bank, Mendon Venture Partners, PeoplesBank
- Series C, Aug 5, 2021, $3M — OFG Ventures
- Series C, Apr 20, 2021, $15M — Financial Services Capital
- Series C, Feb 10, 2021, $53M — Insight Partners

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C, Series D
- Financial Services Capital (https://capitalatlas.ai/funds/financial-services-capital) — Series C
- OFG Ventures (https://capitalatlas.ai/funds/ofg-ventures) — Series C
- 1st & Main Growth Partners (https://capitalatlas.ai/funds/1st-main-growth-partners) — Series D
- ConnectOne Bank — Series D
- Mendon Venture Partners (https://capitalatlas.ai/funds/mendon-venture-partners) — Series D
- PeoplesBank — Series D