Georgian Partners adds to PrecisionLender investment

PrecisionLender, a U.S. pricing and profitability platform for commercial bank relationship managers, has closed a minority investment. The undisclosed deal was backed by Insight Venture Partners, which joined existing investor Georgian Partners, a Canadian growth equity firm. Georgian led the company's Series B financing last year. The funds raised will help accelerate Charlotte, North Carolina-based PrecisionLender's use of artificial intelligence and machine learning in its pricing intelligence products. Georgian's investment in PrecisionLender is led by Managing Partner Justin LaFayette.

20 December 2017•3 mins read
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