Informed.IQ Raises $20M in Series A Round

May 22, 2021 ยท 1 min read
Informed.IQ Raises $20M in Series A Round
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Informed.IQ is a startup that utilizes machine learning to verify networth, income, and other key information about consumers to produce key information for lenders. Banks offering credit cards, mortages, or bank accounts are utilizing their software.

The startup has raised $20 million in venture capital thanks to Nyca Partners and US Venture Partners, along with Dan Romero (former Coinbase VP) and Manuel Bronstein (ex-Googler).

The company has deep roots in legacy finance with Michael DeVito (former Wells Fargo) and Tim Russi (former Ally Financial) advising the company.