Pagaya Technologies Ltd. has raised $102 million in Series D funding round.
The Company: uses AI, machine learning and big-data analytics to manage institutional money. The company’s software has a focus on fixed-income and alternative credit assets. The fund will be used partly to move into new asset classes.
The company manages assets worth $2 billion in the US.
Founders: Founded in 2015 by CEO Gal Krubiner, CTO Avital Pardo, and CRO Yahav Yulzari, Pagaya has raised $221.9 million to date.
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Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
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Investors: The round led by the Singapore Sovereign Wealth Fund (GIC) with participants of Aflac Global Ventures, Poalim Capital Markets, Viola, Oak HC/FT, Harvey Golub, Clal Insurance Ltd., GF Investments, and Siam Commercial Bank.
