[Funding alert] Debt-collection software maker Prodigal raises $12M led by Menlo Ventures

California-based Prodigal, which offers software for loan servicing and collection, on Thursday announced a $12 million Series A fundraise led by Menlo Ventures. Participating and existing investors, including Accel, Y Combinator, and MGV, and lending industry veterans like Eric Sage (COO, Plaid), Anand Joshi (ex-American Express), and Nicholas Hinrichsen (CEO, Carlypso), also joined the round.  This new funding will allow…
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