Obol

Company Overview

Snapshot

Founded in September 2021 by Michael Shomer Schwartz, Obol operated with 11–50 employees. The company raised $165K across two funding rounds from two investors. In June 2026, Obol was acquired by Priority Software.

Business overview

Obol provides a centralized platform for financial data management, designed to cater to businesses of all sizes. Its proprietary technology enables users to track cash flows, manage bottom-up rolling plans, forecast scenarios, and execute financial operations seamlessly. The company operates within the Fintech & Insurtech sector, focusing on financial operations software for enterprises, SMBs, SMEs, and financial products.

Strategic signal

In June 2026, Obol was acquired by Priority Software, a global provider of AI-based cloud ERP and business management solutions. This acquisition strengthens Priority's product offering by integrating Obol's AI-powered cash flow management capabilities, signaling a strategic move to enhance financial management solutions within the ERP market and expand Obol's reach.

Company Intelligence Q&A

When was Obol acquired?

Obol was acquired by Priority Software in June 2026. This acquisition integrated Obol's AI-powered cash flow management into Priority's ERP solutions.

What strategic partnership did Obol announce in February 2026?

In February 2026, Obol announced a strategic partnership with DualEntry to deliver an AI-first experience across accounting and cash flow management.

What market expansion did Obol undertake in January 2026?

In January 2026, Obol officially launched in Australia through a strategic partnership with Mastercard, aiming to bring AI-driven cash flow management to Australian businesses.