Coconut Software Closes $28M CAD Series B Funding Round, Led by Klass Capital

SASKATOON, SK and TORONTO, ON, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Coconut Software, the leading provider of appointment scheduling and lobby management solutions for financial institutions announced today it has raised $28 Million CAD in Series B funding. Coconut Software is used by leading banks and credit unions in North America to deliver an appointment scheduling experience that results in fewer no shows, higher NPS and better conversion rates. The value this brings to a bank or credit union’s customers and members has never been more clear, and we’re seeing a real race to adopt digital experiences,” said Katherine Regnier, CEO of Coconut Software. He is a best-in-class CEO and myself and the Board are looking forward to working with him as we scale to new heights.” To learn more about Coconut Software’s vision for how FIs engage with their customers and how this funding round will help, read Katherine’s blog post. A seamless customer experience that’s improved NPS scores, reduced wait times and increased conversion rates for the organizations who use it.