# Posh Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/posh-technologies

- Industry: Software
- Headquarters: Boston, US
- Website: www.posh.tech
- Total disclosed funding: $28M
- Latest round: Series A (Dec 9, 2021)
- Investors on record: 6

## About

Based in Massachusetts, US, and founded in 2018 by its CEO, Karan Kashyap, and CTO, Matt McEachern, Posh Technologies Inc. operates as a conversational artificial intelligence company. In December 2021, Posh Technologies Inc. raised USD 27.5 million in series A funding led by new investor Canapi Ventures, with participation from other new investors CMFG Ventures, Curql, Human Capital, Jacobs Asset Management, and Piedmont Capital Partners. As of 2021, the company has partnered with more than 40 financial institutions.

The Posh Technologies, Inc. platform enables financial institutions to offer always-available, conversational banking experiences to their customers. It also offers a voice solution, which replaces clunky dial pads and acts as the entry point in customer calls, greeting customers and helping to triage and resolve inquiries. The company's client base includes Salem Five Bank, Affinity Federal Credit Union, One Nevada Credit Union, and State Department Federal Credit Union.

Posh Technologies Inc. will use the series A funding for additional investment in product research and development and the expansion of its team to ensure it continues to deliver cutting-edge AI to a growing number of community financial institutions and financial technology clients.

## Funding rounds

- Series A, Dec 9, 2021, $28M — Jacobs Asset Management, CMFG Ventures, Piedmont Capital Partners, Canapi Ventures, Human Capital, Curql

## Investors

- Jacobs Asset Management (https://capitalatlas.ai/funds/jacobs-asset-management) — Series A
- CMFG Ventures — Series A
- Piedmont Capital Partners — Series A
- Canapi Ventures (https://capitalatlas.ai/funds/canapi-ventures) — Series A
- Human Capital (https://capitalatlas.ai/funds/human-capital) — Series A
- Curql (https://capitalatlas.ai/funds/curql) — Series A