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Total amount raised
$313 Million
Latest funding date
2025-09-24
Location
Amount raised USD 313,000,000 across five disclosed rounds, with investors including QED Investors, Goldman Sachs Growth Equity, WestCap, and Curql, whose USD 30,000,000 venture round in August 2024 was the company's final raise. Amount is now part of FIS (NYSE: FIS), which announced and completed the acquisition on September 24, 2025 for terms that were not disclosed.
What Is Amount?
Amount is a digital technology company based in Chicago, Illinois, specializing in accelerating digital transformation for financial institutions. The company operates in the banking, finance, financial services, and fintech industries.
Founded with the mission to modernize and improve digital capabilities for financial institutions, Amount had 158 employees at the time of its acquisition, all of whom joined FIS. Amount is now part of FIS, which completed the acquisition on September 24, 2025 to deliver unified digital account origination for financial institutions.
How Much Funding Has Amount Raised?
- Series B
- Amount Raised: USD 58,000,000
- Date: March 2020
- Lead Investors: QED Investors
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance digital transformation capabilities.
- Series C
- Amount Raised: USD 86,000,000
- Date: December 2020
- Lead Investors: Goldman Sachs Growth Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand product offerings and market reach.
- Series D
- Amount Raised: USD 99,000,000
- Date: May 2021
- Lead Investors: WestCap
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and enhance technological capabilities.
- Series Unknown
- Amount Raised: USD 40,000,000
- Date: May 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing growth and development initiatives.
- Venture Round
- Amount Raised: USD 30,000,000
- Date: August 2024
- Lead Investors: Curql
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand into the credit union sector and enhance AI capabilities.
- Acquisition
- Amount Raised: Terms not disclosed
- Date: September 24, 2025
- Lead Investors: FIS (NYSE: FIS), acquirer
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To deliver unified digital account origination for financial institutions, with all 158 Amount employees joining FIS.
Total Amount Raised: USD 313,000,000 in private funding before the acquisition. Current Valuation: Not publicly disclosed. As of September 2026, the company's most recent event is its acquisition by FIS, announced and completed on September 24, 2025.
Key Investors
- Curql
- Details: Curql is a collective of credit unions jointly investing in fintech. It aims to bring transformative technology to credit unions.
- Investment Focus Areas: Fintech companies, technologies that drive relevancy and competitiveness for credit unions.
- Notable Investments: Amount.
- WestCap
- Details: WestCap is an investment firm. Kevin Marcus, Partner, Co-COO, and Head of Strategic Operators at WestCap, commented on their support for Amount.
- Investment Focus Areas: Digital services for financial institutions, empowering credit unions and banks to provide superior digital services.
- Notable Investments: Amount.
- Goldman Sachs Growth Equity
- Details: Goldman Sachs Growth Equity is a division of Goldman Sachs that focuses on growth investments. It is one of the existing investors in Amount.
- Investment Focus Areas: Growth investments in various sectors, including fintech.
- Notable Investments: Amount.
- QED Investors
- Details: QED Investors is a venture capital firm. It is one of the existing investors in Amount.
- Investment Focus Areas: Venture capital investments in fintech and related sectors.
- Notable Investments: Amount.
What's Next for Amount?
Amount now operates as part of FIS, which acquired the company on September 24, 2025 for undisclosed terms. All 158 Amount employees joined FIS, and the combination is aimed at delivering unified digital account origination so financial institutions can accelerate growth and simplify banking.
Before the exit, Amount had raised USD 313,000,000 in private funding, ending with a USD 30,000,000 venture round led by Curql in August 2024 that funded its expansion into the credit union sector and its AI and machine learning work. That work in digital account origination and lending now sits inside the FIS product portfolio.
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