Charm Solutions is a FinTech startup developing an AI-powered SMB Credit Advisor service that uses self-learning AI to convert data into actionable insights for institutional lenders and small businesses. Its platform provides AI-driven risk modeling tools for acquisition, underwriting, and portfolio management, and informs SMB entrepreneurs on critical financing decisions to reduce cost of capital and accelerate access to liquidity. The engine continuously monitors current and historical data, loan performance, and accounting from more than 1,200 institutions. The company recently announced a partnership with Abrigo to make CHARM Solutions available to lenders via Abrigo's SageWorks platform; Abrigo is backed by Accel-KKR and Carlyle. Led by CEO Jacob Malmborg, Charm intends to use the $3.5M Seed to expand operations and broaden its business reach. It maintains offices in San Francisco; Wilmington, Delaware; and Stockholm, Sweden.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2023