PactFi, a New York–based provider of a secure operational platform for private credit transactions, has raised $25 million in Series A funding led by 7RIDGE’s Ecosystem Impact Fund, with participation from Vestigo Ventures.
The company provides an end-to-end platform designed to streamline the operational workflows behind private credit deals. Its system replaces fragmented email chains and spreadsheet-driven processes with shared workflows, structured data exchange, and coordinated execution across counterparties.
The private credit market has expanded rapidly in recent years, growing from about $550 billion in 2016 to roughly $1.7 trillion in 2026. As deal volumes increase, many firms still rely on manual processes and disconnected systems to manage critical transaction workflows, creating operational complexity and risk.
Founded by CEO Emma Zhang, PactFi was built to address these challenges by creating a shared operating environment across participants in the private credit ecosystem. The platform enables cross-counterparty workflows and provides a system-of-record infrastructure that centralizes data, processes, and oversight across the transaction lifecycle.
Since launching in 2023, PactFi has processed more than $300 billion in deal volume across more than 250 counterparties. The platform now has more than 2,600 users representing over 3,000 fund entities and supports eight of the top 20 credit asset managers, which collectively represent $3.4 trillion in assets under management. All of the top 20 credit asset managers have participated on the platform as lenders.
The company plans to use the new funding to expand its platform capabilities and scale its role as infrastructure for the private credit ecosystem.
- Product Expansion: PactFi plans to extend workflow coverage beyond deal closing to additional parts of the asset lifecycle, including post-close servicing and secondary transfers.
- Accelerated Go-To-Market Growth: The company will expand industry relationships and drive adoption among counterparties and service providers such as administrative agents.
- Continued R&D And AI Integration: PactFi intends to integrate AI directly into credit-specific workflows to reduce manual processes and operational risk while improving execution efficiency.
- Team Expansion: The company will grow its product, engineering, and client-facing teams to support continued platform development and ecosystem growth.
PactFi has also emphasized enterprise-grade governance and security infrastructure, including ISO 27001 certification and SOC 2 Type II attestation, as institutional participation in private credit continues to increase.
KEY QUOTES
“Private credit remains weighed down by fragmented, manual processes that create unnecessary friction and risk. PactFi is reimagining this infrastructure by creating a network that seamlessly syndicates private credit loans, automates workflows, and delivers institutional-grade data, analytics, and reporting. We see PactFi as a foundational platform for the next phase of growth in private markets.”
Carsten Kengeter, CEO Of 7RIDGE
“We’re scaling in lockstep with our clients and the broader private credit market. As transaction volume, oversight, and counterparty coordination grow more complex, firms need infrastructure that strengthens control without slowing execution. This funding allows us to deepen PactFi’s role as the system of record where private credit workflows, data, and risk controls live.”
Emma Zhang, Founder And CEO Of PactFi
“When we see strong market momentum and excellent leadership paired with disciplined execution, we’re excited to support continued growth. PactFi has a strong lead in the effort to provide the operational foundation that will help private credit firms reduce operational risk while improving productivity — capabilities that become increasingly important as the market scales.”
Mark Casady, Founder And General Partner At Vestigo Ventures
