Amount$125M
SeriesCredit Facility
AnnouncedMay 10, 2023
Time since last round176 mo
SectorFintech, Credit Lending, Credit, Automotive, Car Dealership
Sub-sectorArtificial Intelligence, Machine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Credit Facility round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Credit Facility rounds (48)
Round size distribution50th pct
smaller Credit Facility roundslarger
vs. Fintech, Credit Lending, Credit, Automotive, Car Dealership (13)
Round size in sector38th pct
$20Mthis round: $125M$300M
