San Francisco-based start-up Clerkie, an AI-led financial automation platform, has raised $33 million in Series A funding led by Left Lane Capital. The company will use the funds to hire engineers and scale its debt workout solutions to support more partners and help more borrowers.
Facts
- Clerkie, an AI-led financial automation platform, raised $33 million in Series A funding.
- The round was led by Left Lane Capital, with participation from Wellington Management Company, Flourish Ventures, Citi Ventures, CMFG Ventures, Vestigo Ventures, and Nubank founder David Velez.
- The new round brings its total funding to $41 million to date.
- Clerkie will use the funds to hire for its engineering team and scale its debt workout solutions to support more partners and help more borrowers.
- Founded in 2017, Clerkie’s AI-led financial planning platform uses conversational AI to interact with users, provide them personalized debt guidance and work out options to avoid delinquency and build up their credit scores.
- “Tens of millions” of Americans are struggling with debt and falling into delinquency, according to Guy Assad, CEO and co-founder of Clerkie.
- The goal is to support struggling American families by giving them better tools to responsibly fulfill their debt obligations and ease their debt burden.