KlariVis: $11 Million Closed To Develop Data Analytics Solutions For Community Banks And Credit Unions

By Dan Anderson • Jan 14, 2024

KlariVis – a trailblazer in data analytics solutions for community banks and credit unions – recently announced that it closed its Series B capital round led by Blueprint Equity. The $11 million funding round will fuel further advancements in engineering, product development, customer success, and sales and marketing.

KlariVis – which is led by CEO/Founder Kim Snyder, a former community bank CFO – has experienced meteoric growth, doubling revenue and customer count year-over-year. And it recently celebrated the onboarding of its 100th client, marking a significant milestone in its mission to empower financial institutions with advanced data insights.

KlariVis’ dedication to client success extends beyond software implementation and the company takes pride in fostering strong partnerships, providing ongoing support, and staying at the forefront of industry trends to ensure clients are well-positioned for long-term success. Recently reaching the 100th client milestone, KlariVis further demonstrates its dedication to delivering exceptional value.

Guided by insights from its Client Advisory Board – which is comprised of community bankers from across the country – KlariVis remains committed to continuous enhancement. And as the financial landscape transforms, KlariVis stands as a beacon for those ready to embrace a future where data analytics redefine the very fabric of banking.

KEY QUOTES:

“We look to partner with domain experts who are solving a problem with their business – it was obvious to us from day one that Kim and her team are exactly that.”

“KlariVis has been a great success thus far, and we believe that we can help the business maximize its potential with our capital and internal platform team. We’ve been in dialogue with Kim for years, and it’s been exciting to witness their growth. Their ability to thrive in a turbulent macro environment is a testament to the strength of their team and mission-criticality of their product.”

— Bobby Ocampo, Co-Founder and Managing Partner of Blueprint Equity

“As we expand our market share, our primary focus is empowering an increasing number of community banks and credit unions with a revolutionary approach to data-driven insights. This is an opportune time for us to double down on what’s working, and Blueprint Equity is the right partner at this pivotal juncture on our journey to transform banking analytics.”

— KlariVis CEO/Founder Kim Snyder

“The impact of working with KlariVis has been profound. It’s as if I’ve been given glasses, allowing me to see clearly for the first time.”

— Anne Tangen, President, CEO and Director of Fall River, Mass.-based BankFive ($1.8 billion in assets)

“KlariVis’ growth has been remarkable, demonstrating both a tremendous market need and their ability to deliver an enterprise banking analytics platform proven to help banks stay ahead of competitive threats and remain resilient. Financial institutions are realizing the value of data-driven decision-making, and I look forward to seeing more community banks tap KlariVis as their preferred data analytics partner.”

— Charles Potts, EVP and Chief Innovation Officer at ICBA