Personetics Gets $75 Million Investment from Warburg Pincus
Source: Fazzaco
Personetics, the leading provider of customer-facing AI solution for financial services, announced it has raised $75 million in growth funding from Warburg Pincus LLC. Warburg Pincus LLC is a leading global private equity firm focused on growth investing and is backed by Viola Ventures, Lightspeed Ventures, Sequoia Capital and Nyca Partners. Terms of the transaction were not disclosed.
David Sosna, CEO and Co-Founder of Personetics, said:
"The financial services industry is reaching a tipping-point in mobile adoption and setting a new standard in Smart Personalized Engagement. Personetics has set out down this path and has launched its vision of Self-Driving Finance. We are looking to quickly expand our global footprint with new partners and clients, and support our existing customers with innovative business solutions. We are very excited to be partnering with Warburg Pincus on this journey."
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