Investing in Setpoint
Summary
Setpoint raises a Series A led by Andreessen Horowitz to turn manual capital markets workflows into software. The company focuses on financing operations behind loans and other asset-backed transactions, replacing email, Excel, and FTP-heavy processes with a Funding OS. Its product helps fintech and proptech companies scale originations, manage covenants, and reduce balance-sheet holding time. The article also highlights network effects as Setpoint expands from proptech into mortgages, consumer, and small business finance.
Funding
Amount
None
Total raised
Date
December 7, 2022
Announcement date
Investors
OpenDoor Labs
Lead investors
Company
setpoint.io
Funded company
Classifications
industries
Fintech & Banking
applications
Web and Content Management
AskAI Classifications
Labels
Capital Markets Software
Fintech SaaS
Workflow Automation
Linked Companies
Setpoint
$1M to $5M