The round, which brings Percent’s total funding to $48.2 million, also saw participation from existing investor B Capital Group and new investors including Susquehanna Private Equity Investments, BDMI, Forte Ventures, and Vectr Fintech. The company will use the new funding to propel its next phase of growth.
Founded in 2018 and based in New York, Percent provides what it calls a “transparent and data-powered” private capital markets infrastructure for borrowers, underwriters and investors.