When was PrecisionLender founded?

PrecisionLender was founded in 2009 and raised its 1st funding round 5 years after it was founded.

Where is PrecisionLender located?

PrecisionLender is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina.

How many employees does PrecisionLender have?

As of Mar 31, 2026, the latest employee count at PrecisionLender is 21.

Is PrecisionLender a funded company?

PrecisionLender is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 09, 2014.

When was the latest funding round of PrecisionLender?

PrecisionLender's latest funding was a $***** Series B round on Dec 20, 2017, with participation from 3 investors.

Where does PrecisionLender rank among its competitors?

PrecisionLender ranks 1st amongst 20 active competitors, only 1 of which is funded. Sherlok, which secured $3.4M in Jun, 2023.

Who are the top competitors of PrecisionLender?

PrecisionLender's top competitors include Cloudbrain, Ivory Consulting Corporation and Sherlok. Among them, Sherlok secured the most recent funding round in June, 2023.

PrecisionLender - 2026 Company Profile, Team, Funding & Competitors

Q: Is PrecisionLender an acquired company?

PrecisionLender got acquired by Q2 Software on Oct 01, 2019.

PrecisionLender is an acquired company based in Charlotte (United States), founded in 2009 by Carl Ryden. It operates as a Loan and deposit pricing management software solution for banks. PrecisionLender has raised an undisclosed amount in funding from investors like Georgian, Insight Partners and GGV Capital. The company has 20 active competitors, including 1 funded and 5 that have exited. Its top competitors include companies like Cloudbrain, Ivory Consulting Corporation and Sherlok.

Company Details

Loan and deposit pricing management software solution for banks. It factors risk into client's pricing by adjusting risk-based capital and provision based on borrower credit grade (PD), exposure (EAD), duration of exposure, loss given default (LGD) based upon amount and quality of the collateral, and guarantees. It automatically feeds relevant account data for loans, deposits, and other fee-based businesses directly into the core system to help relationship managers establish long-term relationships with end customers and also to create cross-selling opportunities. It provides a real-time dashboard to identify trends and best practices.

Website: precisionlender.com
Social
Email ID: *****@precisionlender.com
Registered Address: Charlotte, North Carolina

Key Metrics

Founded Year

2009

Location

Charlotte, United States

Stage

Acquired

Latest Funding Round

Series B, Dec 20, 2017, $*****

Investors

Georgian & 3 more

Ranked

1^st among 20 active competitors

Employee Count

21 as on Mar 31, 2026

Similar Companies

Cloudbrain & 15 more

Exit Details

Acquired by Q2 Software (Oct 01, 2019)

View PrecisionLender's full profile

PrecisionLender is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LENDER PERFORMANCE GROUP, LLC. CIN: 270274483 , United States, Active	Dec 31, 1999	-	138 (As on Dec 31, 2020)	-

PrecisionLender got acquired by Q2 Software on Oct 01, 2019 at an acquisition amount of $*****.

Click here to take a look at PrecisionLender's acquisition in detail

PrecisionLender has raised funding over 3 rounds. Its first funding round was on Oct 09, 2014. Its latest funding round was a Series B round on Dec 20, 2017 for $*****. 3 investors participated in its latest round. PrecisionLender has 4 institutional investors.

Here is the list of recent funding rounds of PrecisionLender:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 20, 2017	7771794	Series B	8787512	6259463	6498300	7295483
Sep 23, 2016	4761714	Series B	8882060	5211319	3489810	8986749
Oct 09, 2014	4708548	Series A	8739497	2888019	9506922	Century Equity Partners

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View details of PrecisionLender's funding rounds and investors

The founders of PrecisionLender is Carl Ryden.

Here are the details of PrecisionLender's key team members:

Carl Ryden: Chief Executive Officer and Co-Founder of PrecisionLender.

View details of PrecisionLender's Founder profiles and Board Members

PrecisionLender's employee count trend

PrecisionLender has 21 employees as of Mar 26. Here is PrecisionLender's employee count trend over the years:

Employee count trend for PrecisionLender

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Top competitors of PrecisionLender include Cloudbrain, Ivory Consulting Corporation and Sherlok. Here is the list of Top 10 competitors of PrecisionLender, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PrecisionLender 2009, Charlotte (United States), Acquired	Loan and deposit pricing management software solution for banks	-	Georgian, Insight Partners & 2 others	40/100
2nd	Cloudbrain 2017, Hangzhou (China), Deadpooled	Developing artificial general intelligence system	$5.89M	10Fund, Microsoft Accelerator & 4 others	43/100
3rd	Ivory Consulting Corporation 1983, Walnut Creek (United States), Unfunded	Equipment finance software solutions for lease, loan pricing, and portfolio management	-	-	38/100
4th	Sherlok 2021, Adelaide (Australia), Seed	Provider of automated mortgage rate tracking and repricing solutions	$3.4M	Rampersand, Investible & 2 others	36/100
5th	London Analytics 2019, London (United Kingdom), Unfunded	AI-enabled analytics & busuiness intelligence for financial institutions	-	-	30/100
6th	LoanTek 2008, Boise (United States), Acquired	Provide pricing engine platform.	$1M	Keiretsu Forum	29/100
7th	BrokerSense 2017, Leeds (United Kingdom), Acquired	Mortgage affordability tool for brokers	-	-	28/100
8th	Mortech 1987, Lincoln (United States), Acquired	Mortgage pricing software solutions for lenders to grow their business	-	-	28/100
9th	Nexys 2004, Albuquerque (United States), Unfunded	Digital platform offering loan origination software solutions	-	-	26/100
10th	Partner Office Germany, Unfunded	Provider of modular solutions and outsourcing for financial service companies	-	-	24/100