What is Kasisto?
Founded in 2013 and headquartered in New York City, Kasisto offers a sophisticated digital experience platform designed to meet the complex demands of corporate banks and wealth management firms, while also facilitating simple retail transactions. The platform aims to enhance customer engagement and operational efficiency for financial institutions through advanced technology and user-centric design. Kasisto's solutions are built to support a wide range of banking services, from everyday consumer needs to the intricate requirements of enterprise-level financial operations.
How much funding has Kasisto raised?
Kasisto has raised a total of $155.4M across 6 funding rounds:
Angel/Seed
$2.3M
Series A
$9.2M
Series B
$22M
Debt
$1M
Series C
$31M
Series D
$90M
Angel/Seed (2014): $2.3M with participation from HBS Alumni Angels Association, New York Angels, and Two Sigma Ventures
Series A (2016): $9.2M led by Two Sigma Ventures, Mastercard, Harvard Business School Alumni Angels of Greater New York, New York Angels, Commerce Ventures, Propel Venture Partners, DBS Bank, and Partnership Fund for New York City
Series B (2020): $22M supported by Manulife Bank, TD, DBS Bank, Standard Chartered, JPMorgan Chase, Partnership Fund for NYC, Commerce Ventures, Propel Venture Partners, Rho Capital Partners, Oak HC/FT, Two Sigma Ventures, and Mastercard
Debt (2020): $1M featuring PPP
Series C (2022): $31M backed by BankSouth, FIS Global, NCR Corporation, Westpac Banking Corporation, and Naples Technology Vendors
Series D (2024): $90M, investors not publicly disclosed
Key Investors in Kasisto
DBS Bank
Headquartered in Singapore, DBS Bank Ltd is a Singaporean multinational banking and financial services corporation.
JPMorgan Chase
Headquartered in New York, NY, JPMorgan Chase & Co. is a leading global financial services firm with operations worldwide. Founded in 1968, the firm provides services in investment banking, commercial banking, asset management, financial transaction processing, and consumer and small business banking.
Oak HC/FT
Founded in 2014, Oak HC/FT is the premier venture growth-equity fund investing in Healthcare Information & Services and Financial Services Technology. With $3.3 billion in assets under management, they are focused on driving transformation in these industries.
What's next for Kasisto?
With its latest major strategic investment, Kasisto is poised for accelerated growth and innovation. The company is likely to focus on expanding its platform capabilities, enhancing its AI-driven conversational banking features, and broadening its market reach within the global financial services industry. This strategic financing will enable Kasisto to further solidify its position as a leader in digital banking solutions, driving digital transformation for banks and wealth management firms worldwide.
See full Kasisto company page
