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Micronotes Adds $2 Million Extension to its Series C Round

August 18, 2023
in DeFi
Reading Time: 2 mins read
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Micronotes introduced a $2 million extension to its $5.5 million Sequence C funding spherical.

In the present day’s funds come from BankTech Ventures.

The extension brings Micronotes’ whole funding to $23.3 million.

In an trade centered on the client, engagement options suppliers are poised for development. Maybe that’s why digital engagement options supplier Micronotes obtained a $2 million extension to its Sequence C spherical right this moment.

In the present day’s funds come from BankTech Ventures and add to Micronotes’ $5.5 million funding led by Experian Ventures with participation from current buyers. Closing the Sequence C spherical brings The Massachusetts-based firm’s whole funding to $23.3 million.

“We’re thrilled to accomplice with BankTech Ventures,” mentioned Micronotes Founder and CEO Devon Kinkead. “This strategic funding will assist us speed up our development in the neighborhood banking sector and assist extra communities get much more out of their banking relationships.”

Micronotes was based in 2008 and is privately held. The corporate leverages AI, large knowledge, and machine studying applied sciences to assist monetary establishments use their knowledge to higher have interaction their prospects, foster involvement, and in the end construct new income.

Photograph by Soginoto

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