Point Predictive Secures Series B Growth Financing Led by Napier Park Financial Partners
PRIVATESep 23, 2020
Round Type
Series B
San DiegoFinancial ServicesFintechLending
Description
Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, today announced that it has completed its Series B growth financing. Napier Park Financial Partners led the investment round with participation from the company’s existing investor, Mosaik Partners. The company also announced it has hired Michael Housman as its new Chief Technology Officer and promoted Eric Werab to Chief Revenue Officer to facilitate the rapid growth Point Predictive is experiencing.
Quick answer
Point Predictive raised an undisclosed amount in a Series B round, dated September 23, 2020. Point Predictive is based in San Diego, California, United States.
How much did Point Predictive raise?
Point Predictive raised an undisclosed amount in a Series B round on September 23, 2020.
What does Point Predictive do?
Point Predictive is an Ai technology company with deep expertise in building machine learning scoring models that have been widely deployed by banks and lenders.
Where is Point Predictive based and how big is it?
Point Predictive is based in San Diego, California, United States.
Who are the decision-makers at Point Predictive?
Fundz holds 1 contact at Point Predictive. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Point Predictive that raised within 45 days of this round, from Fundz verified event records.
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce★★★★★4.8/5 on G2
Company Information
Company
Point Predictive
Location
San Diego, California, United States
About
Point Predictive is an Ai technology company with deep expertise in building machine learning scoring models that have been widely deployed by banks and lenders. Point Predictive solutions enable lenders to fund more loans using a patented combination of Artificial and Natural Intelligence [Ai+Ni] that powers machine learning risk assessments. Point Predictive helps automotive, mortgage, retail, personal lending and student loan finance companies identify consumer loan applications that have truthful and reliable information without the intense interrogation and verification of data prompted by solutions currently in use.
Highly regarded as one of the most trusted fraud and misrepresentation solution providers to financial services companies, Point Predictive leverages that experience to help lenders safely fund more loans to more consumers while reducing their first-party and third-party misrepresentation and fraud losses. Point Predictive is a big data company using unique insights powerfully orchestrated from millions of examples of true and falsified loan applications, billions of derived proprietary data elements, and scientifically-selected third-party data sources to build powerful machine learning models augmented by the natural intelligence of human experience.
Located in San Diego, California, more information about Point Predictive can be found at www.pointpredictive.com.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Point Predictive raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
San DiegoFinancial ServicesFintechLending