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Alternative Assets  + Private Equity  + VC  | 
KlariVis Raises $11M for Bank Data Analytics Solutions

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.

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KlariVis Blueprint Equity

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.