Prism Data Raises $20M Series A

Prism Data, a U.S.-based cash flow analytics startup, announced it has raised $20 million in Series A funding, bringing its total funding to more than $25 million. The company provides a cash flow underwriting platform that assesses creditworthiness using consumers' bank account transaction data.

Investors

The funding round was led by Story Ventures, with participation from FINTOP, Core VC, Obvious Ventures, 1st & Main Growth Partners, and Mana Ventures.

Prism Data Use of Funds

The company plans to use the capital to support the implementation of its cash flow underwriting technology for traditional banks and to further develop its AI-powered analytics capabilities.

About Prism Data

Founded to modernize credit assessments, Prism Data enables financial institutions to evaluate credit risk through real-time analysis of transaction data. The company recently introduced REFRACT, an AI-powered engine designed to categorize bank transactions at scale, supporting a new generation of financial scores and analytics.

Funding Details

Company Website: https://prismdata.com

Company: Prism Data
Raised: $20M
Round: Series A
Funding Date: October 19, 2026
Lead Investor: Story Ventures
Additional Investors: FINTOP, Core VC, Obvious Ventures, 1st & Main Growth Partners, Mana Ventures
Software Category: Fintech
Source: https://ffnews.com/news/prism-data-raises-20m-series-a-amid-boom-in-cash-flow-underwriting-eea9cb4b