Cerebro Capital, a fintech company transforming access to debt capital for middle-market businesses and helping lenders generate new borrower relationships, announced the completion of its Series A funding round led by JAM FINTOP. And the new equity capital comes on the heels of the platform facilitating $1 billion in cumulative loan closings.
With this new funding, Cerebro Capital plans to invest in increased lead generation capacity, expand its deal-related AI tools and lender solutions, and continue to grow its capital markets team.
Cerebro Capital was created to bridge a critical gap in middle-market lending, providing borrowers with an easier way to access debt capital and lenders with a better way to deploy it – all through one streamlined platform. And Cerebro has grown rapidly since its founding and has connected thousands of borrowers to lenders from 2,200+ lending institutions to provide loans ranging from $2 million up to $100 million.
The borrowers have closed over $1 billion in loans through Cerebro’s platform, and lenders have provided borrowers with over $7 billion in loan proposals to review.
By utilizing Cerebro’s technology, borrowers gain speed, transparency, and actionable insights into which lenders best fit their unique financing needs, while lenders can source quality deals with greater precision. As its customer base expands, Cerebro helps lenders tailor their loan programs using market intelligence and borrower demand signals captured through the platform to meet unmet demand.
New board member: As part of the investment, Ryan Zacharia, Managing Partner at JAM FINTOP, will join Cerebro’s Board of Directors.
KEY QUOTES:
“We are excited to partner with Cerebro Capital as they digitally-enable the analog process middle market companies and their lenders use to find and vet one another. We’re also thrilled to help accelerate the company’s growth as they develop an enterprise solution for lenders.”
Ryan Zacharia, Managing Partner at JAM FINTOP
“This milestone reflects the incredible momentum we’re seeing from both borrowers and lenders. JAM FINTOP’s deep fintech and banking experience makes them an ideal partner as we continue to scale. We’ve had significant traction with their Limited Partners, closing nearly $100 million of loans with them and already signing a number of their Limited Partner banks to our new enterprise access tier.”
Matt Bjonerud, CEO of Cerebro Capital
