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Feathery Raises $30M in Series A Funding Led by Portage Ventures to Scale AI Decisioning System for Financial Services.
PRIVATEJul 14, 2026•26 days ago
Amount Raised
$30 Million
Round Type
Series A
Investors
Bain Capital VenturesErie Strategic VenturesClocktower VenturesAllstate Strategic VenturesIndex VenturesPortage Ventures
Description
Feathery has successfully raised $30M to enhance its AI operating and decisioning system for the financial services sector. The funding round was led by Portage Ventures, with participation from several notable investors. This capital will aid in scaling their offerings to better serve clients in insurance and wealth management. The company currently supports over 300 firms in the financial industry.
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2 contactsVerified contactsPeter, CEO & Co-founder hidden
Funding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech