Feathery has secured US$30 million in funding to expand its artificial intelligence-powered data automation software for the insurance and wealth management industries.
Feathery’s platform provides data management capabilities that enable clients to overcome the restrictions presented by fragmented tech stacks, which are common within the sectors.
Erie Insurance Strategic Ventures provided capital alongside Index Ventures, Bain Capital Ventures, BrokerTech Ventures and SV Angel.
Co-founder Peter Dun and co-founder Zack Khan established the organisation in 2021 after working at Robinhood and Hightouch.
Feathery automates client onboarding, risk evaluation and data synchronisation across databases, client relationship management tools, custodians and policy administration systems.
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