Quavo
Wilmington, US · 2 known investors
Find your way into Quavo
494 people in our graph share verified history with the Quavo team — schools, employers, funds. One of them is your warm intro.
Matt Cherianunlockedknows Joseph W. McLean · together at Bank Of America (overlapped)
×10knows the team · via Bank Of America
knows the team · via Pegasystems
Quavo provides AI-powered dispute automation and chargeback management software, its QFD product, for financial institutions including banks, card issuers, processors, and fintechs. The platform automates the fraud and dispute process from intake through resolution to reduce manual work, improve recovery rates, and maintain regulatory compliance.
Founders & leadership
DP
Daniel PenneinCo-Founder and Chief Financial Officer
JW
Joseph W. McLeaninCo-founder · Chief Executive OfficerJoseph W. McLean is founder of Quavo, an AI-powered dispute automation and chargeback management platform for financial institutions. He holds multiple degrees in information technology and has led teams that developed business process management software solutions recognized with industry awards.
JM
Joseph McLeaninCo-founder · Chief Executive OfficerJoseph McLean holds multiple degrees in information technology and has led teams that developed business process management software winning industry recognition. He is Executive Officer at Quavo, which provides AI-powered dispute automation and chargeback management software for financial institutions.
RJ
Richard JeffersoninCo-Founder | Strategic AdvisorHe has spent his career developing banking applications and related infrastructure, and is beginning to invest in early-stage startups.
Board
JP
TC
Trevor ClarkeBoard director
JW
Investors · 2
Funding
SEC filings, press & company announcements$311.6M disclosed across 4 rounds · 2021–2025
- $300MraisedJul 2025 · 3 sourcesSource ↗
▶$2MraisedApr 2023 · 3 investors · Other TechnologyRule 506(b)
▶$2MraisedApr 2023 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Daniel PenneExecutive Officer, Director
- John PhilpottDirector
- Richard JeffersonExecutive Officer, Director
- Trevor ClarkeDirector
- Jared WinegradDirector
- Joseph McLeanExecutive Officer
- Offering amount
- $2M
- Amount sold
- $2M
- First sale
- Mar 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3MraisedJul 2022 · 3 investors · Other TechnologyRule 506(b)
▶$3MraisedJul 2022 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Daniel PenneExecutive Officer, Director
- Trevor ClarkeDirector
- Richard JeffersonExecutive Officer, Director
- John PhilpottDirector
- Jared WinegradDirector
- Joseph McLeanExecutive Officer
- Offering amount
- $3M
- Amount sold
- $3M
- First sale
- Jul 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6.6MraisedOct 2021 · 4 investors · Other TechnologyRule 506(b)
▶$6.6MraisedOct 2021 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- John PhilpottDirector
- Jared WinegradDirector
- Joseph McLeanExecutive Officer
- Richard JeffersonExecutive Officer, Director
- Daniel PenneExecutive Officer, Director
- Offering amount
- $6.6M
- Amount sold
- $6.6M
- First sale
- Oct 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Quavo do?
- Quavo provides AI-powered dispute automation and chargeback management software, its QFD product, for financial institutions including banks, card issuers, processors, and fintechs. The platform automates the fraud and dispute process from intake through resolution to reduce manual work, improve recovery rates, and maintain regulatory compliance.
- Who founded Quavo?
- Quavo was founded by Daniel Penne, Joseph W. McLean, Joseph McLean.
- Who are Quavo's investors?
- Quavo's investors include FINTOP Capital, Spectrum Equity.
- How much funding has Quavo raised?
- Quavo has disclosed $311.6M raised across 4 rounds.
- Where is Quavo headquartered?
- Quavo is headquartered in Wilmington, US.