Congrats to Mirador on their $2m raise. Earlier this year, FinTech Collective spent time looking at this Portland based startup. Mirador is aimed at helping lenders automate their SMB lending process. The company uses traditional and non traditional datasets to feed algorithms that can make a lending decision.
Portland, Ore.-based startup Mirador Financial Inc. has developed similar technology, but has a different strategy; its customers are the very banks, credit unions and nonprofit lenders its competitors are seeking to disrupt... Mirador is expected to announce Monday it has raised $2 million from Mr. Gibney along with Collaborative Fund, Crosslink Capital, Vesta Corp. and Wicklow Capital. Private investors, including Eric Bunting, Jeff Evershed, Robert Harteveldt, Awy Julianto, Bruce Weinstein and Bill Ullman, also participated in the seed round. The infusion comes as Mirador’s technology goes live with its first two customers and another handful prepare to launch next month. The company, which white-labels its product, declined to share the identities of those financial institutions.