SRA Watchtower Raises $4 Million for AI-Powered Risk Intelligence Platform

SRA Watchtower, a SaaS provider specializing in AI-powered risk management and financial insights, has secured $4 million in funding. The round was led by existing investors Fintop Capital, JAM Fintop, and EJF Capital, following the company’s recent acquisition of data management and analytics provider Lumio Insight.

The integration of Lumio Insight’s technology will enhance SRA Watchtower’s risk engine, automating data ingestion and delivering actionable insights to financial institutions.

Edward Vincent, CEO of SRA Watchtower, stated, “We are committed to helping financial institutions unlock the power of data, which we believe is the currency of the future. This funding validates our mission to empower institutions with actionable insights to optimize risk.”

The investment underscores SRA Watchtower’s focus on leveraging AI and data analytics to transform risk management in the financial sector.