
KlariVis Raises $11M for Bank Data Analytics Solutions
KlariVis, a Roanoke, VA-based banking data analytics startup, has raised $11 million in its Series B funding round led by tech-focused private equity firm Blueprint Equity.
KlariVis provides data analytics solutions for community banks and credit unions. The company said it has doubled its revenue and customer count year-over-year and has 100 clients.
The fresh capital will be used for advancing the company’s engineering, product development, sales and marketing.
“As we expand our market share, our primary focus is empowering an increasing number of community banks and credit unions with a revolutionary approach to data-driven insights,” KlariVis founder and CEO Kim Snyder said in. “This is an opportune time for us to double down on what’s working.”
Snyder, who was CFO of Valley Bank before BNC Bancorp acquired it in 2015, founded KlariVis in February 2019. The company launched in January 2020.