K1 Investment Management Invests $21M in Eltropy
June 16, 2021
K1 Investment Management has made a $21 million growth investment in Eltropy to accelerate development of its messaging-based digital communications platform for financial institutions. Eltropy plans to more than double its headcount and further invest in its all-in-one communication suite to expand adoption among credit unions, banks and other financial services firms.
- Buyers
- K1 Investment Management
- Targets
- Eltropy, Inc.
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Growth capital
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