AI startup Prodigal gets $12 million funding from Menlo Ventures, others

Bengaluru: Prodigal, which makes intelligence software for loan servicing and collection operations, has raised $12 million in a Series A funding round led by Menlo Ventures along with participation of existing investors Accel, Y Combinator and MGV.

Industry veterans like Plaid COO Eric Sager, former American Express executive Anand Joshi and Carlypso cofounder Nicholas Hinrichsen have also participated in the funding round.