Powerlytics Announces Series B Fundraising Round Led By Brewer Lane Ventures

Jun 04, 2020•about 5 years ago

Round Type

series b

Doylestown

Description

Powerlytics, a data provider that has complete, granular data for the 200 million adults and 30 million businesses that make up the U.S. economy, today announced that Brewer Lane Ventures, a venture capital firm with a fintech focus, has acquired a $4 million stake in the company. Powerlytics will use the investment to grow all aspects of the business, and increase its sales, data science, and product management teams. Brewer Lane Ventures’ founder, John Kim, former president and Chief Investment Officer of New York Life, will also be joining the board of Powerlytics.

Company Information

Company

Powerlytics

Location

Doylestown, Pennsylvania, United States

About

Powerlytics provides the most comprehensive, accurate and granular consumer and business financial data available in the U.S. Our proprietary big data analytics platform analyzes anonymized financial information from publicly available U.S. government sources and reconstructs it into easily understood and actionable financial information that provide a comprehensive financial view of the over 200 million adults and 30 million businesses that comprise the American economy. Major U.S. corporations and financial services providers are using Powerlytics’ data to stay on the cutting edge with predictive analytics, manage risk with both individual business and consumer customers and portfolios, discover potential markets, drive corporate strategy, develop digital marketing campaigns, benchmark performance, enhance both business and consumer target marketing. Visit http://blog.powerlytics.com/ or www.powerlytics.com for more information.