SRA Watchtower, a software-as-a-service (SaaS) provider specializing in AI-driven risk management and financial insights, has successfully raised $4 million in its latest funding round.
This investment was spearheaded by existing stakeholders Fintop Capital, JAM Fintop, and EJF Capital, and follows closely on the heels of SRA Watchtower’s acquisition of Lumio Insight, a provider of data management and analytics solutions.
The company asserts that the integration of Lumio Insight’s technology will enhance the efficiency of data ingestion into its risk engine, thereby enabling the delivery of actionable insights for its clients.
Edward Vincent, CEO of SRA Watchtower, remarked, “Our mission at SRA Watchtower is to empower financial institutions to harness the true potential of their data, which we see as the currency of the future. This recent funding underscores our commitment to equipping organizations with the insights they need to optimize their risk management strategies.”