PortX, a Mercer Island, WA-based AI-powered data integration platform for banks and credit unions, has closed a strategic growth round.
Investors
The round includes new strategic investors Allied Solutions and the American Bankers Association (ABA), with renewed participation from existing backers BankTech Ventures, Curql Collective, BTech Consortium, and others.
Allied Solutions is one of the largest providers of insurance, lending, risk management, and data-driven solutions to financial institutions. The company uses technology-based solutions customized to meet the needs of 6,000 clients, along with a portfolio of innovative products and services from a wide variety of providers. Allied Solutions is headquartered in Carmel, Indiana, with regional offices in Florida, Minnesota, South Dakota, and Texas.
American Bankers Association (ABA), founded in 1875 and headquartered in Washington, D.C., is the largest U.S. trade association representing banks of all sizes and charters. It provides training, certification programs, conferences, and resources on banking operations, compliance, and management.
PortX Use of Funds
The company will use the funding to support its continued growth, strengthen integrations for financial institutions, and expand partnerships that modernize connectivity and data exchange across the banking and credit union landscape.
About PortX
PortX provides an AI-powered data integration platform built specifically for financial institutions (FIs), including banks, credit unions, and fintechs. Its platform unifies core, fintech, application, data, and payments connectivity in one secure, scalable hub. Headquartered in Mercer Island, Washington, PortX serves financial institutions nationwide, helping them institutions modernize systems, accelerate growth, and achieve Customer360 outcomes.
Funding Details
Company: PortX
Raised: Undisclosed
Round: Strategic Growth
Funding Date: October 2025
Lead Investors: Allied Solutions, American Bankers Association
Additional Investors: BankTech Ventures, Curql Collective, BTech Consortium, others
Company Website: https://www.portx.io/
Software Category: AI Data Integration / Banking Integration
Source: https://www.businesswire.com/news/home/20251020791727/en/