KlariVis Raises $11 Million in Series B Funding

Led by CEO and Founder Kim Snyder, KlariVis is dedicated to empowering banks to expedite their growth trajectories by unlocking the untapped potential within siloed banking systems. The company's innovative solutions, developed on a modern technology stack, offer financial institutions a unique perspective on data. This empowerment extends not only to internal teams but also to customers, fostering an environment where both can thrive and work more efficiently.

The newly secured $11 million in Series B funding will play a pivotal role in propelling KlariVis forward. The company plans to allocate these funds strategically, focusing on advancements in engineering, product development, customer success initiatives, and strengthening sales and marketing efforts. This comprehensive approach underscores KlariVis's commitment to refining existing offerings while expanding its market presence and ensuring the success of its clientele.

KlariVis, founded in February 2019, has rapidly positioned itself as a leader in providing data analytics solutions for community banks and credit unions. Notably, the company reports a remarkable doubling of both revenue and customer count year-over-year, boasting a clientele of 100 satisfied partners.

At the core of KlariVis's functionality lies the simplification of data analytics for banks and credit unions. By offering a contemporary technological framework, KlariVis empowers financial institutions to interpret data in a manner that transcends conventional analysis. This approach enables teams within these institutions to make informed decisions swiftly, resulting in increased efficiency and productivity.

The impact of KlariVis extends beyond its technological prowess to the tangible benefits experienced by its clients. By saving valuable time on data analysis, banks and credit unions can redirect their focus and resources towards implementing newfound insights, thereby contributing to the overall improvement of their organizations.

KlariVis's Series B funding, led by Blueprint Equity, not only injects capital but signifies a resounding endorsement of KlariVis's vision and capabilities. As financial institutions grapple with the challenges of managing vast data sets, KlariVis is poised to play a pivotal role in transforming this data into a strategic asset. The funding positions KlariVis on a trajectory of growth, innovation, and sustained impact within the realm of data analytics solutions for community banks and credit unions.