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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, 202626 days ago

Amount Raised

$30 Million

Round Type

Series A

San FranciscoArtificial IntelligenceMachine Learning

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.

Company Information

Company

Feathery

Location

San Francisco, California, United States

About

Feathery is an AI operating and decisioning system designed specifically for financial services. It aids companies by providing intelligent solutions to enhance their decision-making processes. Serving over 300 firms in sectors like insurance and wealth management, Feathery is recognized as one of the fastest-growing AI platforms in its field.

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Verified contactsPeter, CEO & Co-founder hidden
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Funding Insights

Based on industry data
Typical 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

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