FICO Raises $1.5 Billion in Funding

FICO, a global leader in predictive analytics and data science, has announced it has successfully raised $1,500,000,000 in investment capital. This significant funding round underscores investor confidence in the company's long-standing market position and its technology-driven approach to improving operational decisions across various industries worldwide. Founded in 1956, FICO (NYSE: FICO) is renowned for powering decisions that help people and businesses prosper. The company pioneered the use of predictive analytics and data science, holding over 200 US and foreign patents on technologies designed to enhance profitability, customer satisfaction, and growth. FICO solutions are utilized by businesses in more than 100 countries, performing critical functions from protecting 4 billion payment cards from fraud to improving financial inclusion. Its widely recognized FICO® Score is the standard measure of consumer credit risk in the U.S., employed by 90% of top lenders, and is available in over 40 other countries to improve risk management, credit access, and transparency. The substantial capital secured through this investment round will enable FICO to accelerate its strategic growth initiatives. While specific deployment details were not provided, the company plans to use the funds to further its innovation in predictive analytics, enhance its product offerings, and expand its global market presence. This investment is expected to support ongoing research and development efforts, ensuring FICO remains at the forefront of data-driven decision-making solutions. This funding positions FICO to continue its mission of delivering impactful solutions that enable businesses to make more intelligent decisions. The company's focus remains on leveraging its patented technologies and deep expertise to drive efficiency and resilience across financial services, insurance, telecommunications, healthcare, retail, and other sectors globally, supporting sustained growth and value creation.