Amount$130M
SeriesDebt
AnnouncedJun 30, 2019
Time since last round176 mo
SectorFintech, Credit Lending, Credit, Automotive, Car Dealership
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Debt round (2.2×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Fintech, Credit Lending, Credit, Automotive, Car Dealership (13)
Round size in sector46th pct
$20Mthis round: $130M$300M
