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Company profile: Spring Labs

1.1 - Company Overview

Spring Labs Logo

Spring Labs

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of AI tools for financial institutions to automate tasks, enhance self-service, and streamline compliance. The Zanko suite includes ComplianceAssist for automated complaint analysis and triage (cutting analysis time by 70%), AgentAssist for automated responses and integration (boosting performance by 50%), and CustomerAssist for self-service chat (reducing call center contacts by 30%).

Products and services

  • Zanko: Architects an AI-powered platform for financial institutions that automates tasks, elevates customer self-service, and streamlines compliance workflows for faster, more reliable operations
  • Zanko AgentAssist: Builds an integration-ready assistant that automates agent responses, plugs into existing systems, and boosts CX team performance by 50% through faster, consistent interactions
  • Zanko ComplianceAssist: Delivers a compliance-focused component that automates complaint analysis and triage, enabling compliance teams to cut analysis time by 70% with structured, expedited workflows

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Spring Labs

Reg-Room Logo

Reg-Room

HQ: United States Website
  • Description: Provider of regulatory information services for national and international financial sectors via Reg-Track and the regulatory risk report.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Reg-Room company profile →
Validate Health Logo

Validate Health

HQ: United States Website
  • Description: Provider of risk modeling software and actuarial consulting to managed care departments, giving health providers access to actuarial modeling, predictive analytics software, and education and training on actuarial methodology and value-based reimbursement models.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Validate Health company profile →
ClearCommerce Logo

ClearCommerce

HQ: United States Website
  • Description: Provider of transaction processing and fraud protection software for e-commerce, offering fraud detection and payment processing solutions for online retail.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full ClearCommerce company profile →
Covi Analytics Logo

Covi Analytics

HQ: United Kingdom Website
  • Description: Provider of productivity solutions for regulated firms, connecting operational information with big data to simplify business activities, automate operations, reduce compliance effort, and deliver insights. Offerings include APP SUITE, Compliance as a Service (CaaS), CORE Elements, Policy 2.0, Process Mapper, and Regulatory Authorisations for policies, processes, risk incidents, operational resilience, and permissions for selling financial products.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Covi Analytics company profile →
Sardine Logo

Sardine

HQ: United States Website
  • Description: Provider of artificial intelligence and machine learning-based fraud prevention and compliance software for the digital economy, serving financial services with a suite for customer due diligence, risk scoring, investigations, transaction monitoring, and case management, plus device intelligence and behavior biometrics, identity fraud and account takeover defense, and protection against payment and issuing fraud.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Sardine company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Spring Labs

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Spring Labs

2.2 - Growth funds investing in similar companies to Spring Labs

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4 - Top valuation comps for Spring Labs

4.2 - Public trading comparable groups for Spring Labs

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4.3 - M&A Transactions similar to Spring Labs

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Spring Labs

What does Spring Labs do?

Spring Labs is a provider of AI tools for financial institutions to automate tasks, enhance self-service, and streamline compliance. The Zanko suite includes ComplianceAssist for automated complaint analysis and triage (cutting analysis time by 70%), AgentAssist for automated responses and integration (boosting performance by 50%), and CustomerAssist for self-service chat (reducing call center contacts by 30%).

Who are Spring Labs's competitors?

Spring Labs's competitors and similar companies include Reg-Room, Validate Health, ClearCommerce, Covi Analytics, and Sardine.

Where is Spring Labs headquartered?

Spring Labs is headquartered in United States.

How many employees does Spring Labs have?

Spring Labs has 1,000 employees 🔒.

When was Spring Labs founded?

Spring Labs was founded in 2010 🔒.

What sector and industry vertical is Spring Labs in?

Spring Labs is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Spring Labs

Who are the top strategic acquirers in Spring Labs's sector and industry

Top strategic M&A buyers and acquirers in Spring Labs's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Spring Labs?

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Financial Investors investing in Spring Labs's sector and industry vertical

Which are the top PE firms investing in Spring Labs's sector and industry vertical?

Top PE firms investing in Spring Labs's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Spring Labs's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Spring Labs's sector and industry vertical?

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Valuation benchmarks of companies in Spring Labs's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Spring Labs?

The key public trading comparables and valuation benchmarks for Spring Labs include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Spring Labs for public valuation benchmarks?

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What are recent M&A transactions in Spring Labs's sector and industry vertical?

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What are recent capital raises and funding rounds in Spring Labs's' sector and industry vertical?

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