Percent

About

Percent is the platform powering the private credit market.

New York,New York,United States
http://www.percent.com

Highlights

Details

Last Funding Type: Pre-seed
Last Funding Money Raised: $2M
Industries: Credit,Financial Services,FinTech,Information Services
Founded date: May 1, 2018
Operating Status: Active
Legal Name: Percent Technologies, Inc.
Also Known As: Cadence
Investor Type: Venture Capital

Percent is a global leader in financial infrastructure solutions. Founded in 2018, the company leverages proprietary technologies, integrations, and data to bring first-of-its-kind transparency and efficiency to lenders and credit transactions. Percent's innovative ecosystem enables lenders of any size to raise the most flexible debt capital at a low cost through dynamic market pricing and standardized terms. To date, its platforms have powered more than $700 million in transaction volume in a multi-trillion-dollar lending market.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$18.50M

Percent has raised a total of $18.50M in funding over 2 rounds. Their latest funding was raised on Apr 22, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 22, 2021	Series A	$12.50M	10	B Capital Group White Star Capital	—	Detail
Jan 31, 2020	Seed	$4M	14	Revel Partners	—	Detail
Jan 31, 2019	Pre-seed	$2M	5	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

Percent has made 2 investments. Their most recent investment was on Jun 21, 2019, when Nowports raised $8.45M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jun 21, 2019 Nowports	Seed	$8.45M	Freight Service	—
May 18, 2015 Fountain	Seed	$1.65M	SaaS	—

Investors

Number of Lead Investors

Number of Investors

3

21

Percent is funded by 21 investors. B Capital Group and White Star Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
B Capital Group	Yes	Series A
White Star Capital	Yes	Series A
10X Capital	—	Series A
Andrew Vigneault	—	Series A
Fantail Ventures	—	Series A
MGV	—	Series A
Morgan Creek Capital Management	—	Series A
R&R Ventures	—	Series A
Recharge Thematic Ventures	—	Series A
Revel Partners	—	Series A