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Abrigo

Abrigo offers compliance, credit risk, and lending solutions for community financial institutions. Its tools and services help manage risk and address...

Abrigo logo

Abrigo

Abrigo offers compliance, credit risk, and lending solutions for community financial institutions. Its tools and services help manage risk and address regulatory and competitive challenges. Abrigo was founded in 2000 in Austin, Texas, and was formerly known as Sageworks.

General information

Firm type

other

Year founded

2019

Location

Region

North America

Country

United States

City

Austin

Corporate office

Austin, TX, United States

Frequently asked questions

What is Abrigo's core product suite?

Abrigo sells three primary software modules to financial institutions: credit administration (origination, underwriting, stress testing, CECL), financial crime prevention (BSA/AML monitoring, fraud detection), and portfolio management (covenant tracking, risk rating, concentration analysis). Revenue is predominantly subscription-based with associated professional services.

How large is Abrigo's customer base?

Abrigo states it serves over 2,400 financial institutions and non-bank lenders across the United States. The company has not disclosed exact revenue, but its platform supports loan monitoring on an estimated $500 billion in commercial and agricultural credit exposure.

What adjacent acquisitions has Abrigo made recently?

In 2024, Abrigo acquired TPG Software, which provides investment portfolio accounting for banks and credit unions — extending the platform into treasury and asset-liability management. A prior acquisition of Valuant added loan review functionality, consolidating audit and credit-examination workflows within the same interface.

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