Amount$300M
SeriesCredit Facility
AnnouncedOct 4, 2023
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 Credit Facility round (3.0×).
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
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 distribution85th pct
smaller Credit Facility roundslarger
vs. Fintech, Credit Lending, Credit, Automotive, Car Dealership (13)
Round size in sector100th pct
$20Mthis round: $300M$300M
