About AKUVO
AKUVO is a company based in Malvern (United States) founded in 2019.. AKUVO has raised $16 million across 3 funding rounds from investors including VyStar Credit Union, Coastal and BCU. AKUVO offers products and services including AKUVO Platform, Virtual Collector, and Analytics. AKUVO operates in a competitive market with competitors including InDebted, Valon Mortgage, CreditMate, Clerkie and Data Sutram, among others.
- Headquarter Malvern, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Akuvo Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Series A
Mar 28, 2025
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Investors
VyStar Credit Union
& 7 more
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Employee Count
Employee Count
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Products & Services of AKUVO
AKUVO offers a comprehensive portfolio of products and services, including AKUVO Platform, Virtual Collector, and Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for modern collections and efficient financial management tools
Tool for automated debt collection and digital communication processes
Software for tracking and analyzing financial portfolios and delinquencies
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Funding Insights of AKUVO
AKUVO has successfully raised a total of $16M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $3.0M
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First Round
First Round
(25 Mar 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - AKUVO | Valuation |
investors |
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| Apr, 2023 | Amount | Series A - AKUVO | Valuation | VyStar Credit Union , Coastal | |
| Mar, 2022 | Amount | Seed - AKUVO | Valuation | Reseda Group , BCU |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AKUVO
AKUVO has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include VyStar Credit Union, Coastal and BCU. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Curql is focused on connecting credit unions with fintech investments.
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Credit Union
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AKUVO
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AKUVO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Akuvo Comparisons
Competitors of AKUVO
AKUVO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as InDebted, Valon Mortgage, CreditMate, Clerkie and Data Sutram, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based debt collection solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-native marketplace for mortgage loans
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| domain | founded_year | HQ Location |
Overdue payments are collected from borrowers for multiple lenders.
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| domain | founded_year | HQ Location |
Platform for loan servicing and credit score building through debt management
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| domain | founded_year | HQ Location |
Platform offering external data insights for enterprises across the customer lifecycle
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| domain | founded_year | HQ Location |
Data-driven debt management solutions are offered for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Akuvo
Frequently Asked Questions about AKUVO
When was AKUVO founded?
AKUVO was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is AKUVO located?
AKUVO is headquartered in Malvern, United States. It is registered at Malvern, Pennsylvania, United States.
Is AKUVO a funded company?
AKUVO is a funded company, having raised a total of $16M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Mar 25, 2022.
What does AKUVO do?
AKUVO was founded in 2019 and is headquartered in Malvern, United States. Banking software solutions are provided to financial institutions, encompassing cloud-based loan portfolio management through AKUVO ProAct and API-enabled risk management via AKUVO Aperture. Additional features include machine learning for portfolio analysis and monitoring, identity management, and credit score mitigation, supporting operations in the financial sector.
Who are the top competitors of AKUVO?
AKUVO's top competitors include Valon Mortgage, InDebted and CreditMate.
What products or services does AKUVO offer?
AKUVO offers AKUVO Platform, Virtual Collector, and Analytics.
Who are AKUVO's investors?
AKUVO has 8 investors. Key investors include VyStar Credit Union, Coastal, BCU, Reseda Group, and Michigan State University Federal Credit Union.
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