About
Posh AI provides conversational AI for banks and credit unions. Raised $45M+ total including Series A led by Canapi Ventures with Curql Fund CUs. 100+ deployments with 200+ live products. Clients include Interra CU, Ion Bank, One Nevada CU, Southern Bank. ACU of Texas 'Ava' assistant handles 51%+ calls, 60%+ chats, 93% drop in call abandons. Boston-based. Dave Tucker (former CU exec) joined board 2024.
Key Facts
- [1]Funding: Total funding: $45M. Last round: Jun 2024. Stage: Growth.
- [2]Employees: Employee count: 11-50.
- [3]Website: Official website: posh.ai.
- [4]AI Technology: Core AI/ML technologies: LLM / NLP.
- [5]Region: Region: Americas (United States).
Founders
Karan Kashyap
Co-founder & CEO
Matt McEachern
Co-founder & CTO
AI Technology
LLM / NLP
Large language models for NLP, chat, document understanding, and text generation
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Posh Technologies?
Posh AI provides conversational AI for banks and credit unions. Raised $45M+ total including Series A led by Canapi Ventures with Curql Fund CUs. 100+ deployments with 200+ live products. Clients include Interra CU, Ion Bank, One Nevada CU, Southern Bank. ACU of Texas 'Ava' assistant handles 51%+ calls, 60%+ chats, 93% drop in call abandons. Boston-based. Dave Tucker (former CU exec) joined board 2024. Posh Technologies is classified in the Banking & Payments segment at the Automation layer of the financial AI stack.
Who founded Posh Technologies?
Posh Technologies was founded by Karan Kashyap (Co-founder & CEO) and Matt McEachern (Co-founder & CTO).
How much funding has Posh Technologies raised?
Posh Technologies has raised $45M in total funding, placing the company at the Growth stage. The most recent round closed in Jun 2024. Among 38 funded Banking & Payments companies, Posh Technologies ranks #33 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Posh Technologies use?
Posh Technologies primarily leverages LLM / NLP technology. Large language models for NLP, chat, document understanding, and text generation. Within the Banking & Payments segment, 9 companies use this technology.
What market segment does Posh Technologies operate in?
Posh Technologies operates in the Banking & Payments market segment. AI-powered banking and payments companies are modernizing the core infrastructure of financial services — how money moves, how accounts are managed, and how banking operations are run at scale.
Where is Posh Technologies headquartered?
Posh Technologies is headquartered in Boston, United States. The company operates in the Americas region. The team consists of 11-50 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Posh Technologies's competitors?
Companies similar to Posh Technologies in the Banking & Payments space include Greenlite ($20M raised), Stripe ($9.8B raised), Ramp ($2.3B raised), Brex ($1.5B raised), Natural ($10M raised). These companies operate in related areas of financial AI: Greenlite focuses on ai agents that accelerate aml reviews. Stripe focuses on ai-powered payments platform with fraud detection. Ramp focuses on ai-powered corporate cards and spend management. (Based on AIFI Map classification data.)
What products does Posh Technologies offer?
Posh Technologies builds automation-layer solutions for the financial services industry. The company's core offering: AI assistants for credit unions. The platform is powered by LLM / NLP technology.