D3 Banking offers a single hosted platform that delivers data-driven digital banking services across laptops, smartphones, tablets and wearables. The company leverages an analytics engine to provide financial management tools to consumers and small businesses while enabling financial institutions to personalize product and service offerings. Led by CEO Mark Vipond, D3 targets regional and midsized banks with an integrated solution. The recent financing will support strengthening the team, investing in research and development, and continued expansion of its hosted platform. The company received capital and secured rights to additional equity funding and borrowing capacity as part of the deal. D3 Banking offers a single omnichannel platform that delivers digital banking services across computers, smartphones, tablets and other devices. Its Data Driven Digital™ solution includes a analytics engine that enables financial institutions to personalize product and service offerings for each customer. More than 225 financial institutions in the United States use D3 Banking’s products and solutions. Last year the company introduced a comprehensive digital banking solution; the first customer deploying that new solution is scheduled to go live in the next 30 days and D3 is in competitive sales situations with additional institutions. The company plans to use new capital to expand its sales and marketing team, invest in product innovations and deploy a SaaS-based managed option for institutions that prefer managed over on‑premise deployments. D3 is positioned to accelerate growth while reducing the cost and complexity of digital banking for its clients. Lodo Software is an Omaha, Nebraska-based provider of digital banking solutions led by CEO Mark Vipond. Its flagship product, D3 Banking, is an omni-channel digital banking solution accessible from smartphones, tablets, or computers. The platform enables financial institutions to deliver integrated financial services to their customers. The company received $3M in mezzanine financing. Lodo plans to use the funds for sales and marketing, development of new product features, and working capital.

Total raised

$20M

Funding rounds

4

Latest round

Equity

Latest activity

Jun 2016