AKUVO, a Malvern, PA–based AI-driven collections and credit risk management platform, has secured a strategic investment.
Investors
The round was led by Vista Equity Partners, with participation from Michigan State University Federal Credit Union (MSUFCU).
Vista is a global technology investor specializing in enterprise software. Its private market strategies aim to deliver differentiated returns through a proprietary and systematic approach to value creation, developed and refined over the course of 25 years and 600+ transactions. Today, Vista manages a diversified portfolio of software companies that provide mission-critical solutions to millions of customers worldwide. As of March 31, 2025, Vista had more than $100 billion in assets under management.
AKUVO Use of Funds
The company will use the investment to accelerate its artificial intelligence strategy and enhance its collections and risk management solutions for financial institutions.
About AKUVO
Founded and led by CEO Jay Mossman, AKUVO is a technology company that provides cloud-native collections software solutions to transform how banks, credit unions, and fintechs collect and manage their portfolios. Its products help financial institutions manage collections workflows, automate processes, and gain real-time data insights. AKUVO provides the technology and data needed to improve collections efficiency, deliver a digital consumer experience, reduce staff costs, anticipate delinquencies, and inform future credit decisions. The company's solutions leverage advanced data science applications, including machine learning, artificial intelligence, and natural language processing. Headquartered in Malvern, Pennsylvania, AKUVO serves more than 150 credit unions and banks.
Funding Details
Company: AKUVO LLC
Raised: Undisclosed
Round: Strategic
Funding Date: September 2025
Lead Investor: Vista Equity Partners
Additional Investors: Michigan State University Federal Credit Union (MSUFCU)
Company Website: https://akuvo.com/
Software Category: Collections & Credit Risk Management / Fintech SaaS
Source: https://www.businesswire.com/news/home/20250918761596/en/