Cerebro Capital: Series A Raised And $1 Billion In Loan Closings Completed
Summary
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 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 Cerebros platform, and lenders have provided borrowers with over $7 billion in loan proposals to review.By utilizing Cerebros 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 Cerebros Board of Directors.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. Were also thrilled to help accelerate the companys growth as they develop an enterprise solution for lenders.This milestone reflects the incredible momentum were seeing from both borrowers and lenders. JAM FINTOPs deep fintech and banking experience makes them an ideal partner as we continue to scale.