US data platform Quovo, which connects and analyses consumer financial accounts for 14,000 companies and institutions, has extended its series B funding to bring its total backing up to $20m. Investors included Portag3 Ventures, IGM Financial, Great West-Lifeco and Salesforce Ventures. Its customers include financial services companies CRM and Betterment, which use the company’s systems to predict opportunities and personalise their services. The latest financial backing will support growth plans including building a customer base in Canada and expanding the types of accounts it handles.
US data platform Quovo, which connects and analyses consumer financial accounts for 14,000 companies and institutions, has extended its series B funding to bring its total backing up to $20m. Investors included Portag3 Ventures, IGM Financial, Great West-Lifeco and Salesforce Ventures. Its customers include financial services companies SoFi and Betterment, which use the company’s systems to predict opportunities and personalise their services. The latest financial backing will support growth plans including building a customer base in Canada and expanding the types of accounts it handles.