About Posh Technologies
Posh Technologies is a company based in Boston (United States) founded in 2018 by Karan Kashyap and Matt McEachern.. Posh Technologies has raised $31.65 million across 5 funding rounds from investors including Truliant Federal Credit Union, MIT Federal Credit Union and One Nevada Credit Union. The company has 74 employees as of December 31, 2022. Posh Technologies offers products and services including Voice Assistant, Digital Assistant, Knowledge Assistant, and Posh Answers. Posh Technologies operates in a competitive market with competitors including Zafin, PureFacts, Homebot, Glia and Shift Technology, among others.
- Headquarter Boston, United States
- Employees 74 as on 31 Dec, 2022
- Founders Karan Kashyap, Matt McEachern
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Sectors
TechnologyFinancial 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.65 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Truliant Federal Credit Union
& 22 more
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Employee Count
74
as on Dec 31, 2022
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Products & Services of Posh Technologies
Posh Technologies offers a comprehensive portfolio of products and services, including Voice Assistant, Digital Assistant, Knowledge Assistant, and Posh Answers. 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.
Automates FAQs and banking transactions for 24/7 customer support
Guides users through digital banking experiences continuously
Offers quick employee access to company knowledge bases
Converts website searches into AI-powered help centers
Funding Insights of Posh Technologies
Posh Technologies has successfully raised a total of $31.65M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(15 Jun 2019)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Posh Technologies | Valuation | Curql | |
| May, 2023 | Amount | Series A - Posh Technologies | Valuation | MIT Federal Credit Union , One Nevada Credit Union |
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| Dec, 2021 | Amount | Series A - Posh Technologies | Valuation | Canapi Ventures |
| 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 Posh Technologies
Posh Technologies has secured backing from 23 investors, including institutional and venture fund investors. Prominent investors backing the company include Truliant Federal Credit Union, MIT Federal Credit Union and One Nevada Credit Union. 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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Investing in B2B software and fintech for the financial services economy.
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Founded Year | Domain | Location | |
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Curql is focused on connecting credit unions with fintech investments.
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Founded Year | Domain | Location | |
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Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors
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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 Posh Technologies
| 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 - Posh Technologies
| 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 |
Posh Technologies Comparisons
Competitors of Posh Technologies
Posh Technologies 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 Zafin, PureFacts, Homebot, Glia and Shift Technology, 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 |
Software solutions for relationship banking in financial services are delivered.
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| domain | founded_year | HQ Location |
CRM solutions for wealth managers
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| domain | founded_year | HQ Location |
Lead generation is enabled via chatbots for real estate agents.
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| domain | founded_year | HQ Location |
Cloud-based omnichannel platform is provided for financial customer service.
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| domain | founded_year | HQ Location |
Provider of AI solutions for insurance underwriting, claims, and risk
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| domain | founded_year | HQ Location |
Reputation management software is provided for solar industry sales.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Posh Technologies
Frequently Asked Questions about Posh Technologies
When was Posh Technologies founded?
Posh Technologies was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Posh Technologies located?
Posh Technologies is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Posh Technologies?
Karan Kashyap is the current CEO of Posh Technologies. They have also founded this company.
Is Posh Technologies a funded company?
Posh Technologies is a funded company, having raised a total of $31.65M across 5 funding rounds to date. The company's 1st funding round was a Series A of $27.5M, raised on Jun 15, 2019.
How many employees does Posh Technologies have?
As of Dec 31, 2022, the latest employee count at Posh Technologies is 74.
What does Posh Technologies do?
Posh Technologies was founded in 2018 in Boston, United States, within the fintech sector. An AI-based platform is developed to deliver conversational banking solutions. Services are extended to banks and credit unions via chat and voice interactions. Full-service online banking concierge is facilitated through live chats, voice banking options, and automated teller functions. Operations focus on improving customer access to financial services across the United States.
Who are the top competitors of Posh Technologies?
Posh Technologies's top competitors include Glia, Shift Technology and PureFacts.
What products or services does Posh Technologies offer?
Posh Technologies offers Voice Assistant, Digital Assistant, Knowledge Assistant, and Posh Answers.
Who are Posh Technologies's investors?
Posh Technologies has 23 investors. Key investors include Truliant Federal Credit Union, MIT Federal Credit Union, One Nevada Credit Union, Together Credit Union, and Interra Credit Union.