Last deal

$1M

Amount

Venture - Series Unknown

Stage

15.12.2008

Date

1

all rounds

$1M

Total amount

General

About Company
Pendo Systems provides financial institutions with tools to access unstructured data.

Industry

Sector :

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Keywords :

founded date

01.05.2007

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Pendo Systems, a Fintech company based in Montclair, New Jersey, offers a machine learning platform that transforms unstructured data into structured datasets. This platform enables global banks, insurance companies, and asset management firms to utilize the data for various purposes such as risk analysis, AI tools, and business process automation. Pendo Systems was acquired by SPi Global in July 2020 and is known for its proprietary algorithm that indexes and classifies data, making it easily searchable. The platform's automation capabilities simplify the retrieval and access to millions of documents, helping institutions extract maximum value from their data. Additionally, Pendo Systems is certified as a Women's Business Enterprise in the United States.
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