Clutch partners with credit unions to optimize operations by providing digital solutions that enhance loan origination and deposit account onboarding. Its platform offers experiences for both members and employees, aiming to increase operational efficiency, cross-selling opportunities, and overall customer satisfaction. Since its founding in 2020, the company has expanded its suite of services to include digital loan applications and deposit account openings. Clutch has onboarded over 135 credit union clients across all states and sizes, including six of the top ten largest institutions. Led by CEO Nicholas Hinrichsen, the company plans to use new funding to support growth and product innovation, including investments in AI and expanded platform capabilities. The company is focused on helping credit unions compete more effectively for digital-first consumers.

Total raised

$65M

Funding rounds

1

Latest round

Series B

Latest activity

Jan 2025