Amount$15M
SeriesCredit Facility
AnnouncedDec 1, 2023
SectorFintech, Financing, Lending, Supply Chain
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far below the typical Credit Facility round — well under the median.
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 distribution23th pct
smaller Credit Facility roundslarger
