Gestalt Tech, a unified data ecosystem that accelerates insights and AI adoption for lenders, announced a $5.9 million seed round led by Alpha Edison and Yamaha Motor Ventures, with participation from others including Alloy Labs, Newtype Ventures, Sentiero, Long Run Capital. Stephanie Hanson co-founded Gestalt with Ensemblex, a venture studio founded by fintech veterans focused on the future of funding.
The seed round brings Gestalt’s total investments to $8 million. With the additional funding, the company will be able to continue building out its solution, including bringing more components of its unified data ecosystem to market faster. The main component, the universal lending data foundation (aka data warehouse), launched in 2023 and continues to win customers from various lending segments.
Gestalt solves disorganized data. Organized data powers everything lenders need to stay competitive, monitor operational KPIs, secure external capital, and comply with state and federal regulators.
Even though all lenders need to quickly access their data, it is scattered among different systems and in different formats that require data scientists and analysts to spend more than half their time wrangling the data before lenders can even begin to extract insights from it. Plus, organized data is also critically important for lenders who want to leverage AI to stay competitive.
Through Gestalt’s data warehouse, lenders can centralize and organize all of their data from all of their systems in one easily accessible location and in a much more efficient and comprehensive way than legacy methods.
Lenders only had two choices to organize internal data. And they could take on the intimidating task in-house or hire consultants. These choices have proven time and money intensive. However, Gestalt’s data warehouse delivers insights to lenders six times faster and five times cheaper by offering an out-of-the-box solution and eliminating tons of manual, non-value-add work.
Gestalt’s data warehouse also features a patent-pending, AI-powered, smart mapper that automatically suggests how data should be mapped into the data warehouse, leaving the user to simply review and approve. Users also benefit from Gestalt’s anomaly detector and pipeline maintainer.
KEY QUOTES:
“We’re excited that so many investors saw our vision of a unified data ecosystem for the lending industry. While we would have liked to have taken the entire amount that was committed, ultimately, we felt $5.9 million was the right number to ensure the best build and support structure for our customers.”
-Stephanie Hanson, CEO and Co-Founder of Gestalt Tech, said. Hanson is also the co-founder of defi SOLUTIONS, one of the first configurable loan originations systems in market
“The Ensemblex team has been applying AI to credit underwriting for over a decade – first at our own fintech and now for our fintech and bank clients globally. Most organizations have messy, unreliable data. We co-founded Gestalt with Stephanie to solve that problem. Additionally, over the last year, Gestalt has assembled a world-class team to create what will soon be an industry standard.”
-Shawn Budde, co-founder of Ensemblex
“We are thrilled to be part of Gestalt’s journey and believe they are poised to redefine standards in data utilization and operational efficiency within the lending industry. Stephanie exhibits many of the traits that we look for in founders. She combines a deep understanding of the problem area with unique insight and vision and a proven ability to execute.”
-Robey Miller, partner at Alpha Edison
“Their team of industry veterans has demonstrated exceptional collaboration with both customers and the broader lending ecosystem. By leveraging their AI-powered data infrastructure, Gestalt offers a unified, real-time view of data, streamlining processes and delivering significant savings in time and costs for financial institutions. This oversubscribed capital raise will enable Gestalt to accelerate customer growth and drive strategic product development. We’re excited to partner with them as they embark on this growth journey.”
-Dan Barth, Principal at Yamaha Motor Ventures
