Amount$280M
SeriesCredit Facility
AnnouncedFeb 7, 2024
Time since last round406 mo
SectorFintech, Asset Management, Fixed Income, Credit, Lending
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Credit Facility round (2.8×).
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
All-new money — no prior investors re-upped.
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 distribution81th pct
smaller Credit Facility roundslarger
vs. Fintech, Asset Management, Fixed Income, Credit, Lending (8)
Round size in sector100th pct
$1Mthis round: $280M$102M
