Denim Social raises $5 million

announced it has completed a $5 million Series B round of financing with FINTOP Capital and partner, JAM FINTOP BankTech, an investment fund designed to help develop and accelerate technology adoption at community banks across the United States.

Founded in 2020, Denim Social is a social media management and marketing automation software. Denim Social is trusted by more than 250 institutions in banking, mortgage, insurance and wealth management.

“Financial institutions are rapidly accelerating their digital strategies in today’s environment and Denim Social can help them humanize their brand on social media, while staying compliant. With increasing demand for our solution, FINTOP’s and JAM FINTOP’s partnership will help us grow to meet the needs of future clients.” – Douglas Wilber, CEO of Denim Social.

With the Series B investment round, Denim Social is valued at $30 million. The new funding builds on a $4 million Series A round completed in 2020, led by Hermann Companies. Since then, the company has expanded its product offerings to include social media content curation and Instagram management.

“Denim Social has a compelling vision for a more connected digital future for financial institutions. We’re proud to support their growth and expansion strategy.” – Jared Winegrad, managing director at FINTOP and a member of JAM FINTOP Banktech’s investment committee. Accompanying the round, Winegrad will join the Denim Social Board of Directors.