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Alternative Assets  + Private Equity  + VC  |  January 29, 2024
KlariVis Raises $11M for Bank Data Analytics Solutions
Joe Palmisano
By: Joe Palmisano

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 of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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