Eltropy

company

About

Digital communications platform that increases engagement and revenue for financial service institutions

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$25M
Industries
Financial Services,SaaS,Software
Founded date
May 1, 2013
Number Of Employee
101 - 250
Operating Status
Active

Eltropy enables Financial Institutions to digitally engage in a secure and compliant way via Text, Video, Audio, Secure Chat and Social Messaging. Using our world-class digital communications platform, Credit Unions, Banks, Debt Collectors, Insurance Companies, Lenders and FinTechs can improve operations, engagement and productivity.

Eltropy also integrates with IT systems, such as Symitar and Corelation, and uses Analytics to provide engagement insights.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$25M
Eltropy has raised a total of $25M in funding over 2 rounds. Their latest funding was raised on Jun 16, 2021 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 16, 2021 Series Unknown $25M 3 K1 Investment Management, LLC Detail

Investments

Number of Investments
Number of Lead Investments
5
0
Eltropy has made 5 investments. Their most recent investment was on Apr 1, 2014, when Flexport raised $6.90M.
Date Company Name
Round Money Raised Industry Lead Investor
Apr 1, 2014 Flexport
Series A $6.90M Freight Service
Series Unknown $840K Big Data
Feb 26, 2011 SeatGeek
Series Unknown $2.12M Ediscovery
Oct 13, 2010 SeatGeek
Series A $550K Ediscovery
Jan 8, 2010 SeatGeek
Seed $550K Ediscovery

Investors

Number of Lead Investors
Number of Investors
1
3
Eltropy is funded by 3 investors. K1 Investment Management, LLC and CMFG Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
K1 Investment Management, LLC Yes Series Unknown
CMFG Ventures Series Unknown
Curql Series Unknown

Employee Profiles

Number of Employee Profiles
8
Eltropy has 8 current employee profiles, including Executive Ashish Garg
Executive
Advisor
Executive
Executive

Acquisition

Eltropy has acquired 2 organizations. Their most recent acquisition was POPio Mobile Video Cloud on Jun 8, 2022. They acquired POPio Mobile Video Cloud for 0.

Date Company Name
Industry Acquisition Type Price
Software acquisition Detail
Aug 17, 2022 Marsview.ai
Analytics acquisition Detail