Attunely Inc., a pioneer in deploying machine learning to maximize revenue recovery and enhance the consumer experience, announced $9 million in financing. The new capital includes an earlier seed round as well as a Series A investment. Investors include: Framework Venture Partners, Anthos Capital, Vulcan Capital, and additional independent investors as well. Andrew Lugsdin, Partner at Framework Venture Partners, will join the Attunely Board of Directors.
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“We understand our clients are operating in a difficult environment and our dynamic machine learning models can ease the friction between a financial institution and consumer.”
The funds will be used to expand the team with an emphasis on data science, data and security software engineers, client success resources, product/program management, and marketing.
“Attunely is uniquely positioned to help reinvent the consumer’s collection and lending experience, in view of the economic damage resulting from the COVID-19 pandemic. Its dynamic machine learning models provide an opportunity for improved engagements across the industry. Now, more than ever, businesses need tools to empower responsible engagement with consumers and improve business practices. I am excited to join the Attunely team and support their growth,” said Andrew Lugsdin, Partner, Framework Venture Partners.
“In the current economic climate, we believe machine learning is well suited to enable creditors, lenders and revenue cycle management agencies to employ more tailored engagements during and beyond the pandemic-driven unemployment environment. Undoubtedly, COVID-19, has created a ‘new normal’. Attunely’s machine learning models are designed to provide greater flexibility and efficiency during a transformative moment for the economy at large,” said Scott Ferris, Founder and CEO, Attunely.
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