About January
January provides a tech-enabled platform for debt collection that focuses on human interaction and compliance. It serves creditors, like banks, and borrowers, ensuring respectful treatment while using machine learning to improve recovery rates. The platform generates revenue by charging creditors for its services, which offer higher recovery rates and reduced risks through automated compliance. January aims to set a new standard in debt collection by combining technology with a personalized approach.
New York City, New YorkHeadquarters
2016Year Founded
$27.2MTotal Funding
SERIES_BCompany Stage
AI & Machine Learning, Financial ServicesIndustries
51-200Employees
Benefits
Hybrid and remote work policy
Pet-friendly offices
Unlimited PTO
Flexible work hours
Generous New Parent Leave
Equity
Annual learning and development stipend
401k
Gym membership reimbursement
Medical, dental, and vision
Commuter benefits
Fun team events
Risks
Increased competition from fintech startups may erode January's market share.
Potential regulatory changes could impact January's machine learning and compliance systems.
Economic downturns may strain January's resources, affecting personalized borrower interactions.
Differentiation
January uses machine learning to enhance debt recovery rates above the national average.
The platform prioritizes human interaction, treating borrowers with respect and dignity.
January's automated compliance system protects creditors from legal and reputational risks.
Upsides
January secured $12M in Series B funding, boosting its growth potential.
Partnerships with fintechs like Fairplay expand January's market reach and synergies.
The rise of ethical AI in finance increases demand for January's humane debt collection.
Funding
Total raised$27.24 M
Latest valuation$60.00 M
StageSERIES_B
SERIES B
11/30/2023$12
$60.00 M$10
$50.00 MSEED
1/31/2018$6
$30.00 M