Total Funding
18
62
Total FundingVenture - Series Unknown raised
Growth Score
-4 pts
Heat Score
-15 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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144982
Emergent is offering its proprietary technology and collection capacity to credit card banks and consumer installment lenders.
- Chuck Raudonis: CIO
- Bruce White: Founder,Chief Executive Officer, President & Board Member
About the Company
Emergent is offering its proprietary technology and collection capacity to credit card banks, subprime auto lenders and consumer installment lenders; including emerging online credit providers. Purchase and collection of distressed consumer debt is a large, long established business. In 2016 the industry generated $14.2 billion. A new credit cycle
is emerging and data within the consumer lending sector resembles signals from the recent mortgage crisis of a potential market correction. Emergent is well positioned to participate in this next cycle.
