Coastal Federal Credit Union
Coastal Federal Credit Union, established in 1967 and headquartered in Raleigh, North Carolina, operates as a not-for-profit, member-owned financial cooperative. The institution is dedicated to offering a comprehensive range of banking and financial products designed to meet the diverse needs of its members. These services include home equity lines of credit, auto loans, mortgages, checking accounts, certificates, money market accounts, and individual retirement accounts. In addition to personal financial services, Coastal provides wealth management, investment options, retirement planning, and business services, including loans tailored for small businesses. With a focus on affordability, convenience, and professionalism, Coastal strives to deliver competitive rates and support to its membership.
Wireless Research Center of North Carolina
Grant in 2023
The Wireless Research Center of North Carolina is a 501(c)(3) nonprofit wireless research hub offering a safe and trusted environment for invention and development of wireless technologies.
AKUVO
Venture Round in 2023
AKUVO specializes in providing cloud-native collections and credit risk management software tailored for financial institutions such as banks, credit unions, and fintech companies. The company's platform incorporates advanced technologies, including artificial intelligence, machine learning, and natural language processing, to improve the efficiency of collection processes, reduce operational costs, and proactively identify potential delinquencies. By transforming valuable market and business performance data into actionable insights, AKUVO helps its clients make informed financing and lending decisions. Their solutions emphasize a digital consumer experience and a behavior-based approach to managing account performance, ultimately enhancing overall business performance for their users.
Freedom Credit Union
Acquisition in 2016
Freedom Credit Union, founded in 1956, was created to serve the financial needs of employees within the Provo School District. The credit union offers a comprehensive range of financial products and services designed to enhance the financial security of its members. These services include savings deposits, vehicle loans, credit cards, mortgages, and unsecured loans. By providing these resources, Freedom Credit Union aims to support its members in achieving their financial goals.
Constellation Digital Partners
Series A in 2016
Constellation Digital Partners, LLC is a provider of cloud-based digital financial solutions tailored for credit unions and their members. Founded in 2017 and headquartered in Raleigh, North Carolina, the company focuses on enabling upper to mid-tier credit unions to deliver customized digital banking experiences. Through its patented, open development platform, Constellation allows credit unions to implement innovative financial technology services in alignment with their unique digital strategies. This approach empowers credit unions to enhance their service offerings and meet the evolving needs of their members in a competitive financial landscape.
Constellation Digital Partners
Seed Round in 2015
Constellation Digital Partners, LLC is a provider of cloud-based digital financial solutions tailored for credit unions and their members. Founded in 2017 and headquartered in Raleigh, North Carolina, the company focuses on enabling upper to mid-tier credit unions to deliver customized digital banking experiences. Through its patented, open development platform, Constellation allows credit unions to implement innovative financial technology services in alignment with their unique digital strategies. This approach empowers credit unions to enhance their service offerings and meet the evolving needs of their members in a competitive financial landscape.
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