AI solutions provider for banking industry Posh AI has closed a new investment round led by Curql, a fintech investment capital firm, to further propel AI innovation for banks and credit unions. The latest funding round brings the company's total worth to over $45 million.
The new investment will expedite the responsible rollout of AI-driven tools designed to empower credit unions and banks, improving their efficiency and elevating the quality of their services.
Posh's portfolio includes more than 200 live products that serve 100+ customers. Posh Assistants cover customer-facing channels for Voice and Digital Banking, as well as the Knowledge Assistant revealed in August 2023.
The company is also welcoming Dave Tucker to its Board of Directors, joining co-founders Karan Kashyap and Matt McEachern. With over 30 years of industry experience, Dave, a partner at Curql’s fund management company, previously served as Senior Vice President of Technology at Work. Dave has also held significant roles at major enterprises like Hewlett-Packard and Siemens.
“I am excited to join Posh AI’s Board of Directors at such a pivotal time. I look forward to contributing to the company’s mission to transform the financial services industry with innovative AI technologies,” said Dave Tucker.
As Posh expands its team of highly regarded industry experts, the company's long-term vision is to significantly improve credit unions' and banks' ability to serve their communities through advanced, responsible, and efficient AI-driven solutions.
“This new funding and welcoming Dave Tucker to our board are significant milestones for Posh. Dave’s extensive experience and insights will be invaluable as we continue to deliver cutting-edge AI solutions for financial institutions,” said Posh AI CEO Karan Kashyap.
