On Thursday, Seattle-based fintech startup Attunely announced that it secured $9 million in funding from investors.
The company says that it’ll use this funding to expand its team, focusing on various roles across its data science, engineering, client success, product and marketing teams. The company currently has several of these open roles listed on its website.
Founded in 2018, Attunely is still a relatively small team, so these new roles reflect a significant hiring push.
Attunely has created AI-powered software that helps credit and financial institutions manage their customer experience and recover more revenue. Its platform scores each of a company’s customer accounts based on how likely that company is to collect money from that account. These customer scores are drawn from data sources like calls, letters, emails and text messages.
The company believes its platform can be especially valuable to customers in this current economic climate. Many businesses were hit hard by the economic fallout caused by the COVID-19 pandemic, while others grew due to a shift in opportunity. As a result, the customers of these financial institutions may be at very different stages of economic recovery.
“In the current economic climate, we believe machine learning is well suited to enable creditors, lenders and revenue cycle management agencies to employ more tailored engagements during and beyond the pandemic-driven unemployment environment,” founder and CEO Scott Ferris said in a statement. “Attunely’s machine learning models are designed to provide greater flexibility and efficiency during a transformative moment for the economy at large.”
