Percent
End-to-end debt securitization platform delivering the best rates and the fastest speed
- Nelson Chu, CEO
- New York, USA
- April 2021
- Current
- Series A
The Investment
Despite the colossal size of global private debt markets and its significance in our economy, the coordination between borrowers and lenders remains largely untouched by technology.
Percent launched in 2018 with an ambitious vision to help corporate borrowers of any size secure and fulfill debt capital through technology. By innovating the way private debt is originated, structured, and syndicated, Percent aims to become the dominant infrastructure layer delivering debt capital with unprecedented levels of transparency and efficiency.
Nelson Chu, Prath Reddy, and the Percent team bring deep industry expertise. Based on the team’s intimate understanding of debt markets, Percent aims to catapult all parties including borrowers, lenders, and underwriters into the modern world through purpose-built software that touches on all aspects of debt transactions.
Why We Invested
Partnering with Percent and why we believe private debt markets deserve better
We were fortunate to have become friends with Nelson before the idea of Percent was first penned on his initial pitch deck. In many ways, our partnership with Nelson and his team has been an inevitable one that was several years in the making, and we’re extremely proud to co-lead the company’s $12.5m Series A with B Capital Group at such an important stage of Percent’s story.
Read the postIn the News
Percent lands $30m investment to connect investors with private credit
Percent, the innovative platform that has created the modern credit marketplace, announced the successful close of a $30m Series B funding round, more than doubling the company’s total funding.