Feathery Raises $30M Series A for Financial Services AI
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Feathery, a San Francisco, California company building an AI operating and decisioning system for financial services, has completed a Series A that brings its total funding to $30 million.
Portage Ventures led the round. Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures and Bain Capital Ventures also backed it. Index Ventures and Bain Capital Ventures are returning investors, having co-led a $4.5 million seed round for the company in 2021.
Feathery says the capital will fund product development on its AI platform, including expansion of its cross client data network, alongside hiring across engineering and go to market teams.