Cerebro Capital Obtains Series A Funding
Cerebro Capital, a leading fintech company, is
changing the landscape of debt capital access for middle-market businesses. Recently, they celebrated a significant achievement by announcing the completion of their
Series A funding round, spearheaded by JAM FINTOP. This capital infusion arrives shortly after the company reached a remarkable milestone of facilitating
$1 billion in loan closures.
Cerebro Capital has consistently aimed to streamline the connection between borrowers and lenders. Founded with the objective of addressing a crucial gap in the middle-market lending sector, the company facilitates easier debt capital access for borrowers while providing lenders with better deployment strategies. Since its inception, Cerebro has linked thousands of borrowers with lenders across
over 2,200 financial institutions. Loans facilitated through their platform vary from
$2 million to $100 million, showcasing the broad reach and effectiveness of their operations. Up to now, the lenders engaging with Cerebro have extended
over $7 billion in loan proposals for borrowers' consideration.
In light of the new funding, Cerebro Capital plans to enhance its lead generation capacity and expand its offerings in AI tools and lender solutions. CEO
Matt Bjonerud expressed his excitement regarding the partnership with JAM FINTOP, recognizing their significant experience in fintech and banking. According to Bjonerud:
>“This milestone reflects the incredible momentum we're seeing from both borrowers and lenders.”
He also highlighted the strong traction they’ve gained with JAM FINTOP’s partners, having closed nearly
$100 million in loans with them to date.
Joining the Cerebro Capital Board of Directors as part of this investment is
Ryan Zacharia, the Managing Partner at JAM FINTOP. Zacharia shared his enthusiasm about collaborating with Cerebro, stating:
>“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.”
Zacharia emphasized the goal of accelerating Cerebro's growth trajectory by supporting the development of their enterprise solutions for lenders.
Cerebro's innovative platform leverages
advanced technology to offer borrowers speed and transparency in identifying lenders that fit their unique financing needs. Meanwhile, lenders benefit from the platform’s ability to provide quality deals with greater accuracy. As their customer base grows, Cerebro continues to assist lenders in tailoring their loan programs based on valuable market intelligence and borrower demand signals collected through their tools.
With a commitment to bridging the gap between borrowers and lenders, Cerebro Capital is dedicated to revolutionizing the corporate financing landscape. By integrating patented AI technology with an extensive network of lenders, the company is poised to provide a seamless and efficient marketplace for
mid-sized corporate borrowers and lenders alike.
For more information about Cerebro Capital and its innovative solutions, visit their
website.
About JAM FINTOP
JAM FINTOP represents a partnership between JAM Special Opportunity Ventures and FINTOP Capital, aimed at transforming the financial landscape. The collaboration joins banking professionals with seasoned fintech entrepreneurs to invest in transformative solutions for financial institutions. For more insights, check out their
website.