Eltropy
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 2.4m | 3.1m | 7.3m | 34.8m | 43.2m |
% growth | - | 29 % | 134 % | 380 % | 24 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $16.5m | Early VC | |
$25.0m | Series A | ||
Total Funding | AUD64.1m |
Recent News about Eltropy
EditEltropy specializes in providing text messaging solutions tailored for credit unions, enhancing their communication and engagement with members. Operating within the financial services market, Eltropy serves credit unions by integrating seamlessly with core banking, loan origination, CRM, and other IT systems. The business model revolves around a subscription-based service, offering compliance, security, and business intelligence features that drive business decisions and improve member satisfaction. Eltropy generates revenue through these subscriptions, which are designed to deliver measurable ROI for its clients. The platform is particularly valued for its ability to reduce loan processing times and improve member service interactions. Eltropy's solutions are endorsed by 80% of U.S. state credit unions, highlighting its strong market presence and reliability.
Keywords: text messaging, credit unions, member engagement, compliance, security, business intelligence, IT integration, ROI, loan processing, financial services.